Property firm has winning formula for chemicals and ingredients distributor

Hillview Real Estate, a UK regional office investor, has signed a lease agreement with Brenntag UK for 6,260 sq ft of office and lab space at Lawnswood Business Park in Leeds.

Brenntag UK, a subsidiary of Brenntag SE, a global chemical and ingredients distribution business, has taken the ground floor of Alexandra House on an eight-year lease.

The lease agreement represents an expansion of Brenntag UK’s space at Lawnswood Business Park – it already occupies 14,000 sq ft at Alpha House for its UK headquarters.

Lawnswood Business Park was acquired by Hillview Real Estate in December 2018 for Hillview Partners Property Fund II.

Located in North Leeds, it provides 150,000 sq ft of office accommodation. Tenants now include Brenntag, Equinti, Handelsbanken, Aramak and Wizu Workspace.

In March, Hillview Real Estate completed the refurbishment of Lawnswood House, which provides 36,394 sq ft of grade A office space with units from 4,351 sq ft. Letting agents are WSB and JLL.

Dom Ketteringham, asset manager at Hillview Real Estate, said: “The expansion of Brenntag’s lease at Lawnswood Business Park demonstrates the sustained strong occupier demand for high-quality and strategically located workspace near Leeds city centre and endorses our regional office strategy”.

Hillview Real Estate was advised by WSB and JLL.