Friday, September 24, 2021

It’s a hat-trick – Leeds office tower secures three new occupiers

The Leeds office of property consultancy Knight Frank has advised on three new lettings in Q2 2021 totalling over 10,000 sq ft at The Pinnacle in Leeds, Yorkshire’s tallest office tower.

The new lettings include 5,100 sq ft of Grade A office space taken by a global recruitment company on the 12th floor, and 5,100 sq ft of Grade A office space taken by Support Warehouse, who provide IT support services for Hewlett Packard, on the 19th floor.

The leases were signed at £23.50 psf, reflecting record rents for the tower. These lettings highlight the continued strength of the Leeds office market, which continues to attract leading national and global businesses to the city, and suffers from a lack of available high-quality office space.

Eamon Fox, partner and head of Knight Frank’s office agency team in Leeds, said: “We are delighted to have concluded these three quick lettings at one of the city’s most popular office buildings. Prominently situated in the heart of Leeds city centre on the pedestrianised Albion Street, The Pinnacle is a landmark building, which is ideally located between the city’s historic professional core and the amenity-rich retail quarter.”

The Pinnacle was acquired in 2018 in a joint venture between a fund advised by Brockton Capital and Dunedin Property.

Fox Lloyd Jones act jointly with Knight Frank as office leasing agents on The Pinnacle.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.