Trio of businesses sign up to city centre office scheme
33 Park Place, an office scheme in Leeds city centre, is set to welcome three new businesses.
A total of 13,450 sq ft of space has been taken at the office building, which is situated in the city’s commercial district.
Property Alliance Group, which completed the trio of deals, is currently refurbishing 33 Park Place.
UST Global, a US-based digital technology solutions and service provider, has chosen the office building for its first Digital Technology Hub in the UK.
Medisoft, which provides electronic medical records to more than 80% of hospital eye departments in the UK, has taken a 10-year lease for 5,350 sq ft.
Nick Dodds, Operations Director at Medisoft, said: “33 Park Place immediately charmed us with its prime location, excellent facilities and superb quality – all of which are vital for our growing technology business. We’re delighted to make it our home for the next 10 years.”
The third deal sees the HM Passport office secure 4,150 sq ft with a new five-year lease.
Rob Peill, head of offices at Alliance, added: “Since we acquired this property last year, we’ve had lots of interest in the available space, so there is now just 6,000 sq ft remaining.
“One of the drivers has been the significant investment we’re making in the building, including a remodelled reception and entrance area as well as bike storage and a new on-site gym with showers. The property is also conveniently located close to the railway station and Trinity Shopping Centre.”
Alliance purchased 33 Park Place and 31 York Place from Aviva Investors for £9.5m. Both buildings share a central courtyard and were the company’s first investment in Leeds as part of its aim to expand its portfolio across the north.
Peill concluded: “Leeds is a fantastic city which is seeing huge investment and has a thriving businesses district, so we are actively seeking further opportunities for acquisitions across all sectors.”
CBRE and JLL are the joint letting agents for both buildings.