Commercial Property News

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Wednesday, September 26, 2023

Gardiner & Theobold take the last suite at 33 Park Place, Leeds

Atisreal acting jointly with King Sturge has let the final suite of 33 Park Place to Project Management and Quantity Surveying practice Gardiner & Theobald who have taken a fourth floor suite of c. 3,800 sq ft on a 10 year lease.

The Grade A refurbished building totalling 41,975 sq ft was acquired by Morley Fund Management on behalf of Aviva Staff Pension Fund in February 2006. Prior to Morley's acquisition only one floor was let and since then Atisreal & King Sturge have let c. 35,600 sq ft to a range of high quality tenants, namely RG Group, UK Passport Office, Willis Group, SGP Architects, RMI, Allsops and the TUC.

Nikki Moore, Associate Director at Atisreal comments; "33 Park Place has been a great success story for Morley evidenced by the fact that we have completed nine lettings within less than 18 months."

Jim Boothroyd Partner from Gardiner & Theobald commented; "Having previously been located in Park Square we were keen to stay in the traditional business core. 33 Park Place really filled all our criteria for high specification, good quality office space within the heart of Leeds' business community and met our needs for an expanding office and workload."

Nikki continued; "This latest letting success at 33 Park Place is testament to both the desirability and key location of the building and Morley's flexible letting strategy. Morley has successfully responded to market demand by offering shorter term leases and subdividing floors to accommodate current requirements as well as maintaining competitive rentals. It is clear that we have managed to take advantage of a gap in the Leeds office market."