New letting gives Millfield Estates hope of full capacity in city centre property
Commercial property specialists Millfield Estates has secured a high profile letting in Liverpool to global freight forwarding company PFE Express, with the company signing a five year lease that will take it up to 2026.
Occupying the newly refurbished 1,323 sq ft second floor front office of Yorkshire House, on Chapel Street, at £15 psf, the company’s move to Liverpool has expanded its presence in the North West, adding to an office already in Manchester.
Founded in 1984, PFE Express currently employs 120 members of staff across the UK and 220 across Asia, working with an extensive number of additional partners and providing expert solutions for all logistical needs.
Paul Dobson, property director for Bolton-based Millfield Estates, said: “We are excited to complete the letting to PFE Express, our first since the relaxation of lockdown.
“It is reassuring to see demand for high quality office space return and reinforces our decision to provide flexible floor plates suitable for a wide range of tenants with the quality for which Yorkshire House is renowned.”
Tom Ryan, commercial manager for PFE Express, said: “As our business continues to grow and our network enhances, now is the perfect time to expand and after highlighting Liverpool as a hotbed of business, our new office at Yorkshire House has been set up to support our growing number of customers based in the North and our current customer base.
“We have set the office up to also support our teams across the globe and whilst we are the main commercial hub for the group, our operations team here in Liverpool bring a new dimension to the team.”
He added: “PFE Express is dedicated to continuous improvements to enhance our services to customers, that’s what we thrive to achieve. The team are very energetic and are already working well to provide solutions to our customers, we are looking forward to growing here in Liverpool.”
Millfield Estates was represented by Worthington Owen and CBRE in this transaction.