Knight Franks’ Leeds office is assigned to market the flagship development in Leeds. The current office being developed, No 1 Whitehall Riverside, is 130,000 square feet and to be tackled by the known property consultant globally.
After it was announced that Knight Frank will be handling the No 1 Whitehall Riverside, the owners NFU Mutual were quick to provide £150,000 for the renovation. The 8,160 square feet were let to the Handelsbanken, a Swedish bank, to an impressive £26 per square feet.
Knight Frank’s partner, Eamon Fox which specializes in office agency, talked about how the appointment was an honor to the property consultant group because they are able to market what is considered as the finest building within the city. The building’s reputation is only cemented by the fact that they were able to rent it in an impressive £26 per square feet, currently the highest in Leeds.
After the letting to the Swedish bank, the office space left is around 26,000 square feet and all of that high quality space are available for lease. The legal terms of the entire firth floor, a total of 17,159 square feet, are currently on the works and occupants will be revealed to the public thereafter. This year along, the office letting is considered as the largest when it comes to category Grade A.
Fox also shared that he was associated with the structure for a longtime because of his previous marketing job on the said establishment but under a previous firm. The high quality is mainly because of many factors such as the occupants’ high caliber status, the huge office space and the running costs are low. He also noted how the occupants high expectations are met since there is continued activities when it comes to the establishment such as lease extensions and recent lettings including The Riverside which is a café located in the ground floor.
NFU Mutual’s David Hidderley also expressed his excitement in the partnership of Knight Frank and Eamon Fox in acting as the marketing agent of their flagship development.
Following occupiers are included: Arcadis, Grant Thornton, Mackenzie Stuart, Straight, BNY Mellon and Michael Page International.