M&G Real Estate’s Central Square in Leeds is now fully let after two lettings totalling 75,831 sq ft were secured at the prime office building in the past week.
Link Market Services, a leading global share registry and financial services provider, has signed a 15-year lease for more than 70,000 sq ft across floors one, two, three and ten. The move takes the business operation from an out of town location into the city centre.
The final 5,126 sq ft space in the building has been taken by Crisp Thinking Ltd, a leading provider of social media brand safety and an existing tenant doubling its occupation at the central Leeds office on the back of recent business growth. Their lease on the final available suite in the building was agreed for a ten-year term.
Completed by M&G Real Estate in September 2016, Central Square is a 217,810 sq ft office development that has created much needed high quality space in the centre of Leeds. It is the biggest speculative office building to ever open in the city and the occupier line-up includes PwC, Sky and BDO.
Sam Jones, asset manager, offices at M&G Real Estate, said: “Central Square delivered the prime office accommodation Leeds was lacking at the right time.
“The ongoing undersupply of top quality, Grade A office stock in key inner city locations is increasingly mismatched with a continued level of occupier demand and, as our recent UK Outlook research details, this is driving strong rental returns. Central Square is now fully let to a high calibre of occupiers, showcasing the draw of well-located and specified offices for businesses of all shapes and sizes.”
M&G Real Estate was advised by Sanderson Weatherall and JLL.