Global financial services group and private equity firm sign for city centre building
A global financial services group and a private equity firm have signed up to a newly completed office building in Leeds city centre.
The financial services group, yet to be named, is set to occupy the entire top floor (6,485 sq ft) of 12 King Street on a 10 year lease, while UK private equity firm Endless has signed a deal to occupy the ground floor (5,845 sq.ft) on a 10 year lease.
12 King Street comprises 54,000 sq ft of Grade A space after a £10m upgrade was completed in June 2022.
Ryan Unsworth, director at Opus North, said: “We are thrilled to secure our first two major occupiers who will be relocating their main offices in Leeds to 12 King Street. It’s a real testament to what is happening in the office market – occupiers are seeking the very best, most-inspiring, workspaces for their teams and clients, as well as demanding buildings with strong sustainability and environmental credentials.”
Chris Button, head of value add at Fiera Real Estate UK, added: “We are delighted to have secured two market-leading occupiers for this landmark building, which has been substantially remodelled and refurbished to achieve our ambition of delivering a cutting-edge office space that promotes wellbeing and a truly future-proofed building in one of the UK’s major regional markets.”
Nick Salkeld, director at Fox Lloyd Jones, said: “We’re very proud to have acted on these two significant lettings marking a key milestone for both the building and Leeds office market. 12 King Street has set a new benchmark for its combined sustainability, wellbeing and digital connectivity features and it’s a true testament to welcome both businesses as our first occupants.”
There are five remaining floors ready for occupation, with Knight Frank and Fox Lloyd Jones acting as letting agents on the scheme.