Catella APAM, acting as Asset Manager on behalf of the Greater Manchester Pension Fund (GMPF), has let 25,000 sq ft at Leeds Valley Park.
This 10-year lease agreement, secured at a market-leading rate for industrial space in West Yorkshire, highlights the growing demand for premium-quality warehouse and manufacturing facilities in the region.
The occupier, a food ingredient specialist, has chosen Leeds Valley Park to drive future growth. The company will utilise the space to enhance production and logistics capabilities.
Adam Handley, Asset Manager at Catella APAM, said: “This letting is a testament to the strong market demand for high-quality, well-located industrial spaces, and it underscores the appeal of Leeds Valley Park as a premier business destination.
“The rent achieved reflects the property’s exceptional specification and strategic location, and we are confident that this partnership will drive mutual success.”
The transaction was facilitated by joint agents Carter Towler, Avison Young, and CBRE, whilst the tenant was represented by GV&Co.
Paul Mack, Director of GV&Co, said: “We were delighted to represent the occupier in the procurement of this best-in-class premises in Leeds, which will no doubt be a platform to facilitate our client’s continued growth.”
Josh Holmes, Director at Carter Towler, said: “We are delighted to have concluded the letting of Unit 4, enhancing an already very strong tenant line-up. The modern specification of the units has been very well received in the market; we had several interested parties and selected this occupier as we felt they were a great fit for the estate.”
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