Monday, November 18, 2024

New tenants arrive and more expand at Marshall’s Mill

Strong demand continues for office space across the Marshall’s Mill and Round Foundry estate in Leeds South Bank as two businesses renew their leases, another expands, and two new tenants arrive.

The newest arrivals to the historic area, taking up 3,035 sq ft on the 4th floor of Marshall’s Mill, are digital marketing agency Flaunt Digital and Cumulus Management, who will be occupying 1,722 sq ft of Marshall’s Court.

International IT and communications agency Whitespider, has added the 5th Floor studio to their current lease, an additional 294 sq ft. Whitespider first took space at Marshall’s Mill in 2021 occupying 1,100 sq ft on the 4th floor.

Local institution Out of the Woods renews its 472 sq ft lease by signing a new 10-year contract. A long-standing tenant in the Urban Village, the café first opened on Water Lane in December 2006 before doubling in size to include a second location at Granary Wharf in November 2010. Global media agency MediaCom have also extended their lease for the next decade, retaining their 5,582 sq ft office on the 2nd floor of Marshall’s Mill.

Paul Taylor, Managing Director at Creative Space Management, who oversaw some of the lettings said: “The surge in new tenants, expansions and 10-year leases shows that businesses are growing and have confidence in this area, with only a limited number of units now remaining. Leeds South Bank is clearly a leading location for creative, independent, technology-based companies and it’s great to see the individual businesses succeed within this one community.”

Meanwhile, Elizabeth Ridler, partner at Knight Frank and joint letting agent, said: “It’s incredibly positive that we have this continued demand for space in the area, especially as we look towards the comprehensive refurbishment of the former Round Foundry Media Centre which will provide suites from 3,500-28,000 sq ft.”

Out of the Woods owner Ross Stringer was equally positive about the area: “Marshall’s Mill and the Round Foundry area has been the perfect location for us. We love the fantastic regeneration here the people and most importantly the community vibe between the businesses – it has a cool ‘village feel’. After 16 years in the area, we are continually looking forward to seeing the new surrounding developments come to life and breathing even more energy into Holbeck.”

Lee Fuller from Flaunt Digital agrees saying: “Marshall’s Mill is an iconic building; we haven’t been here long but are already so happy. It was the perfect choice to accommodate our growing staff numbers and because it is so close to Leeds Train Station it makes commuting easy for both our staff and clients.”

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