Largest Property Transaction In Leeds Since 2012

The Real Estate team at leading law firm Irwin Mitchell has advised Bruntwood and Kier Property on a deal which sees Addleshaw Goddard (AG) sign a 17 ½ year lease to take more than 50,000 sq ft at 3 Sovereign Square in Leeds.
 
The property, which is being developed by joint venture partners Bruntwood and Kier Property, will be completed by the middle of next year with AG expected to relocate by the end of 2016.
 
The property deal is the largest pre-let in the city since KPMG committed to 1 Sovereign Square in 2012 and will see AG occupy three of the building’s five office space floors.
 
Craig Burrow, director at Bruntwood, said: “Having worked for a number of months on this transaction I’m delighted to announce our first pre-let at 3 Sovereign Square. This commitment demonstrates the strength of this commercial location which is being improved by the addition of these buildings and the inclusion of the new public realm.”
 
Roy Beckett, Real Estate partner at Irwin Mitchell in Manchester, said:

Expert Opinion

“We have been delighted to work with Bruntwood and Kier on this deal. It will be an attractive building once completed and this pre-let is another clear sign of confidence returning to the market.” Roy Beckett - Partner