Bridges and our partner Evenacre have completed the sale of 6 East Parade, a prime office building in central Leeds, for a price in excess of £10 million.

The prominent Grade A office building comprises 44,000 sq ft of space over 7 floors with 13 basement parking spaces and is multi-let to tenants including Dentsu, DLA Architects, Claranet, Iwoca, Muse, Overbury and ABS Limited.

The building was acquired by STR Capital for a private client.

Guy Bowden, Partner at Bridges Fund Management, said:
“With 6 East Parade, we saw an opportunity to bring a disused building back into economic use and address the clear under-supply of prime office space in central Leeds. Our investment enabled an environmentally-led refurbishment that has made the building an attractive location for local businesses, who recognise the value of sustainability features in cutting operating costs and reducing their carbon footprint.”