Bruntwood Purchase City House in Leeds
Released on: July 12, 2010, 01:31 pm
Author: Bruntwood
Industry: Real Estate
Bruntwood, the commercial property company has announced the
recent purchase of City House in Leeds city centre marking Bruntwood's
fifth acquisition in the city in as many years.
Comprising 120,000 sq ft of office space over 12 floors, City House is situated
above Leeds central train station and is currently in a shell condition having been
stripped out by the building's previous owners. Now, family-owned Bruntwood plan
to work closely with Network Rail and Leeds City Council to regenerate this landmark
building, incorporating Grade A office space and serviced office space to accommodate all sizes of business, and in
addition there will be meeting and conferencing spaces for hire.
The acquisition of City House will bring Bruntwood's total Leeds office space offering to 390,000 sq ft, spread across
the buildings of West One, Hepworth Point, West Gate and 14 King Street. Currently,
Bruntwood are running at 95% occupancy across the Leeds portfolio.
Like all Bruntwood buildings, City House will be both owned and managed by
Bruntwood, with an onsite customer service team overseeing day to day management of
the building. This ensures customers can focus on running their business.
Craig Burrow, Bruntwood's Head of Sales and Development in Leeds, commented: "Bruntwood are delighted with the purchase of City House and we are looking forward
to transforming and managing the building in the long term. With extensive
experience of similar schemes in Manchester, Liverpool and Birmingham, we're
confident that we can revitalise the building, enhancing the building's existing
infrastructure in what is without doubt, a fantastic business location in Leeds city
centre.
"We believe in investing in the fabric of the cities we operate in and wherever
possible, we recycle buildings instead of knocking them down and starting again.
This is part of our company ethos to avoid waste and help create sustainable cities.
"We're looking forward to playing a greater role in the Leeds's property market
and we're keen to acquire more space in the future. Bruntwood offer flexible leases
and a wide variety of office space, but expanding further in Leeds will provide our
customers with the additional flexibility to grow within the Bruntwood portfolio."
Ends
Notes to editors:
About Bruntwood:
Bruntwood is a commercial property company with over 90 office buildings across
Manchester, Leeds and Liverpool as well as Birmingham office space.
The company specialises in providing bespoke office space from one desk for a month
through to whole buildings for 25 years. Bruntwoood's customers also have the
flexibility to move seamlessly across our building portfolio in line with changes to
their business. Customer service is at the heart of the company's approach, with
over half of Bruntwood's employees working in customer facing roles.
Bruntwood believes in sustainable cities that provide vibrant places for people to
work and live. Each year it invests in the life of the cities it operates in by
donating 10% of profits to arts, charitable, civic and environmental causes.
PR Contact:
Ian Wilson
Bruntwood
City Tower
Piccadilly Plaza
Manchester
M1 4BD
0161 233 7897
www.bruntwood.co.uk

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