First commercial occupier at recently finished mixed use development

Legal and professional services business, Knights, has started the fit out of new offices as it relocates its York base to new modern premises.

It will be the first commercial tenant to occupy Hudson Quarter in central York and supports the Group’s plans to significantly increase its presence in the city with the 4,700 sq ft office.

Hudson Quarter is located opposite York’s railway station includes new landscaped grounds in the heart of the city.

By taking on a base at this location, Knights is fulfilling its strategy to grow share in key geographic markets outside London. And it says the offices will play a key role in supporting continued recruitment and growth in the region.

The Palace Capital plc developed scheme has been recently completed after a 26-month construction programme with Caddick Construction acting as main contractor.

The mixed-use development also includes further office space, homes and landscaped grounds.  This deal has set a record for York office rents at £25 per sq ft.

Jonathan Moore, partner at Knights, said: “It’s a privilege to work in York and we’ve enjoyed building our team organically over the past year with the recruitment of high quality partners who have been attracted to Knights due to its unique culture and business model, which offers energetic and commercially minded professionals outstanding opportunities to flourish in their careers.

“The new offices at Hudson Quarter provide us with a great runway for growth in the region, as we continue to make positive steps to build the leading, premium legal and professional services business outside London.

“Hudson Quarter really is exceptional, and we can’t wait to welcome colleagues and clients to the building in the near future.”

Neil Sinclair, chief executive of Palace Capital plc, added: “Knights is a forward thinking and ambitious business, so we are thrilled to welcome them to Hudson Quarter as our first commercial occupier.

“There has also been tremendous interest in the remaining office space and we feel this development offers something unique in the city.”

The fit out process is expected to be completed in July, when Knights will move from its current Museum Street base.

Hudson Quarter includes 127 apartments and 39,000 sq ft of Grade A office space, which is being marketed by JLL and Sanderson Weatherall.

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