Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.

Friday, March 24, 2024

William Hill take lease at Leed's Commerce House

William Hill has secured 10,300 sq ft of office space at Commerce House in Leeds city centre. The deal, agreed at £15 per sq ft, follows from the letting to Unison and confirms full occupancy in the building which last year underwent an extensive £1.2m redevelopment programme.

Owner, Wade Lane Developments Ltd, which is a joint venture between Landmark Development Projects and St James Securities, has also announced that it has sold the long leasehold interest in the building to Mayfair Estates for a figure in excess of £4.4m.

Wade Lane Developments Ltd acquired Commerce House and two neighbouring buildings, Belgrave House and Warwick House, close to the Merrion centre in 2004. The company is now progressing plans to redevelop Warwick House which was previously occupied by the Department of Work and Pensions.