New home in refurbished city property for expanding cyber security company
Cybersecurity consultancy, Pentest People, has secured the entire top floor of offices at the newly refurbished Coach Works in Leeds city centre.
The company is pursuing further expansion following a 60% rise in revenue in the last 12 months.
It has moved its 70-strong team from existing premises at Round Foundry, Leeds, The firm had occupied these offices for over 20 years but has outgrown the space.
Andrew Mason, co-founder of Pentest People, said: “Despite economic challenges of the last few years we have enjoyed major growth within the business including a new technical office in Cheltenham.
“We have introduced new products including SecureGateway for homeworkers, a Dark Web Monitoring service and the Pentest People Red Team Assessment service.
“Projected growth dictated we needed to move our headquarters quickly.
“We are really pleased to secure our new home at The Coach Works Leeds that is ideally located in the heart of Leeds’ Tech Hub and close to the railway station.
“The refurbishment is exceptional with the top floor providing an inspiring workspace with cathedral like features.”
The Coach Works is the result of major investment by owner Regional REIT to transform over 41,000 sq ft of Grade A workspace that was formerly known as Chancellor Court at 21 The Calls, Leeds.
The development is comprises two buildings, with current occupiers including St James Place Wealth Management.
Ben Mitchell, senior asset manager at London & Scottish Property Investment Management (LSPIM), which looks after Regional REIT’s property portfolio, said: “We are delighted to agree our first letting of 3,300 sq ft on the third floor following the extensive redevelopment of this prominent office building.
“Pentest People is exactly the type of occupier that we were hoping to secure in The Coach Works.
“We were pleased to be able to offer readily available space and to facilitate an unusually rapid deal process for occupation in a matter of weeks not months.”
Elizabeth Ridler, partner at Knight Frank which is marketing The Coach Works alongside Cushman & Wakefield, added: “Considerable time and attention to detail has been invested with major alterations made in consideration of the pandemic and safer environment expectations.
“Suites are available from just 3,250 sq ft up to 10,000 sq ft with the benefit of a striking shared reception and breakout spaces for creative collaboration.”