Construction firm snaps up 10,000 sq ft of space at Paradigm

A construction firm has signed up to occupy more than 10,000 sq ft of space at Paradigm at Thorpe Park, Leeds.

Wates Construction, the UK-wide contractor for the public and private sector, has taken a 10-year lease to occupy 10,275 sq ft of space on the first floor of the building.

Real estate developer Scarborough International Properties and its joint venture partner Legal & General have announced that they have let the whole of the first floor at Paradigm, Thorpe Park Leeds to Wates Construction.

Paul Dodsworth, business unit director, Wates Construction North East & North West, said: “Yorkshire’s construction industry is at its most buoyant for almost a decade and with 40% of Leeds’ tower cranes occupying Wates’ sites across the city, our business continues to go from strength from strength.

“Our exciting move to larger premises at Thorpe Park primes us for further growth as we look to expand our portfolio of projects across the region while building on our reputation as a regional market leader.”

Paul Holcroft, head of commercial leasing at Scarborough International Properties, said: “This latest letting at Paradigm represents the growing business requirements for high-quality office space in this part of the region. Thorpe Park Leeds continues to answer tenants’ needs with circa. 75% of the building occupied and the remaining ground floor under offer, with further deals soon to be announced.

“We look forward to progressing our vision for phase two to deliver over 900,000 sq ft sought-after prime office space to the scheme.”

In total, Paradigm – the first speculative Grade A office building delivered as part of the £162m phase two development at Thorpe Park – offers 31,650 sq ft of office space and 122 car parking spaces. Wates Construction join Pure Retirement, which has recently taken the top two floors.

 

Rachel Dickie, head of urban regeneration at Legal & General Capital, added: “It’s great to secure another letting at Paradigm and testament to the quality of office space on offer. Paradigm is the first building to be delivered in partnership with Scarborough, creating grade A space that is on par with the city centre.”

Cushman & Wakefield, JLL and BNP Paribas Real Estate acted for Scarborough. RA Real Estate acted for Wates Construction.

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