Loss adjuster moves 130 staff to Leeds base
Loss adjuster Cunningham Lindsey is consolidating its 130 staff into one Leeds office with plans to grow by another 30% this year.
The company, which provides loss adjusting, claims management and risk solutions to insurers, brokers and risk managers, has relocated to the City West office park on Gelderd Road to accommodate growth.
The company is taking 12,582 sq ft of offices at the City West site, the whole second floor, to house its 130-strong team.
It has previously worked from offices in Birstall and Morley, but leases in both offices have now ended and Cunningham Lindsey took the opportunity to bring its workforce together.
The deal was jointly negotiated by commercial property consultants, JLL and Carter Towler, Leeds.
The letting to Cunningham Lindsey follows a £1.1m refurbishment at City West Office Park carried out by owners, London-based asset management business, XLB Property, and Harbert Management Corporation (Europe) which acquired the office park last year in a multi-million pound portfolio deal.
A total of 55,000 sq ft of office space was refurbished.
Cunningham Lindsey real estate and project manager, Caroline Humphreys, said: “With our previous office leases coming to an end, it makes sense to consolidate our resources and move into one site. We are also expanding our operations in the North East and a larger base provides the scope we need to take on more technical and support staff.
“Our staffing levels at Building Two, City West, will increase by more than 30% before the end of the year.
“The relocation brings our various teams of insurance claims specialists together, under one roof and on one floor. This will improve communications, reduce overheads and travel costs, as well as enable us to grow our business in this important region.
JLL director of office agency, Richard Thornton, said: “It is encouraging to have let such a large floor area to a prestigious business so soon after the completion of the refurbishment which is testament to the landlord’s confidence in investing in a considerable refurbishment of this well-known and highly-regarded office scheme.”
Director at joint letting agents, Carter Towler, Richard Fraser, says: “Being able to occupy one of the biggest floor plates in the Leeds out-of-town market, coupled with a value-for-money rental and proximity to the motorway network, appealed to Cunningham Lindsey and we are pleased to welcome them alongside an impressive roster of tenants.”
Other tenants in the scheme include serviced office provider, Regus; risk management business, Lexis Nexis; fitted kitchen designer and manufacturer, Alno UK and national law firm, Slater Gordon.
