Alvarez & Marsal (A&M), a professional services firm, has secured a 10-year lease for 6,513 sq ft on the sixth floor of 1 East Parade in Leeds. JLL arranged the deal with The Future Workplace Property Unit Trust (Schroders Capital), the building’s landlord.
The office building, which has undergone significant refurbishment, offers a total of 52,990 sq ft of modern office space across its eight floors. Following this lease agreement, only 1,442 sq ft of space remains available for rent.
Toby Nield, director at Savills in Leeds, noted that A&M’s decision to relocate to 1 East Parade highlights the demand for premium office space in central business districts, emphasising the building’s high-quality renovations and strategic location.