West Riding House, Leeds - February 2011
MREFII acquired West Riding House, a landmark 19 storey mixed use city centre building in Leeds in February 2011. The opportunity was identified through Moorfield's joint venture partnership with Leeds based Holbeck Land, who are Moorfield's property management partner in the implementation of the JV's business plan.
Leeds is the principle commercial and financial centre of the north east of England. The property is located on a 1 acre site in the centre of Leeds’ prime retail and office core, situated in a strategic axis of the pedestrianised Albion Street, Bond Street and Commercial Street.
The investment includes 68,500 sq ft prime retail space and 81,500 sq ft of offices, supported by a 440 multi-storey car park. Major tenants include retailers Next, Tesco, Superdrug and Urban Outfitters and office tenants include Capita and the government.
Key Facts
- Acquired in February 2011
- Landmark 19 storey city centre mixed use building in Leeds
- 150,000 sq ft of office and retail accommodation with mixed lease expiry profiles
- 440 car parking spaces