Major insurer is the first to move into Grade A development

THE first tenant for a Leeds office development on Queen Street has been secured.

AXA Insurance has taken the whole 6,900 sq ft top floor of the 21 Queen Street offices, on a ten-year lease.

Developers Formal Investments have appointed Jones Lang LaSalle and CBRE to market the property.

Alex Hailey, associate director at joint letting agent CBRE, said: “AXA is a great name to welcome to 21 Queen Street, and is testament to the quality of the redevelopment.

“The Grade ‘A’ specification and excellent green credentials were instrumental in AXA choosing to relocate to 21 Queen Street”

Richard Thornton, director at joint letting agent Jones Lang LaSalle, said: “We are currently negotiating with other interested parties and hope to announce further deals in the near future.”

Formal Investments director, Nicholas King said: “We are very pleased our vision for 21 Queen Street is now being realised.

“We made a significant investment in the building and this has been rewarded by a company of AXA Insurance’s calibre choosing to relocate here.”

With AXA Insurance on the fifth floor, 30,000 sq ft of Grade A office space is available on five flexible floor plates below.