The Leeds office of global property consultancy Knight Frank has advised on a significant office letting to Interserve at Arena Point in Leeds.
Interserve, the leading multi-national support services and construction company, has taken 8,152 sq ft on the sixth and seventh floors of Arena Point in the heart of Leeds’ Arena Quarter.
Elizabeth Ridler, partner specialising in office agency with Knight Frank in Leeds, who advised landlords London and Scottish Investments, commented: “This is a prestigious letting in one of the city’s most up-and-coming office buildings. It is especially significant that this letting has been agreed before the completion of extensive refurbishment works.
“London and Scottish Investments are spending £1m on a comprehensive refurbishment of the building, including air conditioned offices with LED lighting, cycle storage, shower and changing facilities and a new reception.
“On the back of this successful letting, and the letting of part of the 15th floor to Just Add Water (JAW), additional investment on the fourth and fifth floors will be started within six weeks and be ready for occupation in mid-September. Meanwhile a further letting of 1,916 sq ft is due to complete shortly.
“There’s no doubt that these lettings are a ringing endorsement both of the quality of the refurbished building and of its excellent location and competitive rents,” said Ms Ridler.
Richard Thornton of joint letting agents JLL, said: “Arena Point is recognised as enjoying one of the most elevated positions on the Leeds skyline making it one of the most striking and visible office buildings in Leeds city centre. The building features fabulous open plan floors with great views across the city.
“There is also a dedicated outside seating area/garden, overlooking the spectacular First Direct Arena, at the heart of the vibrant new Arena Quarter. The Arena Quarter not only offers world class music and entertainment, but great retail too at the established Merrion Centre and St John’s shopping centres. And with a host of bars, restaurants, hotels, leisure and parking facilities, this really is a great place to work,” said Mr Thornton.
Oliver Stainsby of Colliers added: “We are delighted to have advised Interserve throughout their relocation process, securing excellent quality and cost effective office accommodation at Arena Point. Interserve’s desire to locate within the ever improving Arena Quarter endorses the district as a desirable office location with excellent staff amenities.”
Arena Point is located next to the A58(M) Inner Ring Road and from the Claypit Lane junction (A58) provides links out of the city centre to the east joining the A64 York Road, and to the south and west connecting to the M621 and other destinations within Leeds and to the wider motorway network via the M62 and the M1.
Leeds City Station on New Station Street is around a 15min walk from Arena Point and is a major hub on the national, regional and local rail network providing connections to a wide variety of destinations.
