A total of 60 CBRE employees will be affected by the relocation that is scheduled to take place in April 2013. The firm has signed up to lease a little over 7,000 sq ft of quality office space in central Leeds for a period of ten years.
At present, CBRE’s Leeds staff are based at Bank House but they will soon be switching to space in Toronto Square, a BREEAM excellent development in the main Leeds business district.
The new offices will become a new regional operating base for CBRE’s pubs and leisure divisions, as well as its retail agency and petroleum and automotive departments.
“As a company, and as a regional centre, we are continually evolving along with the market trends to maintain the highest possible service levels to our extensive client base and meet their changing requirements,” said CBRE’s managing director in Yorkshire Richard Sutherland.
“The new office will encourage a more fluid way of working and staff will be hot-desking to facilitate smooth communication between departments. As well as our commitment to clients, we want to provide the best possible working environment to our dedicated teams.”
Sutherland added that the quality of offices and the Toronto Square development “fits the CBRE brand well”. The firm will join the insurance businesses Hiscox and the Willis Group in occupying offices at the site.
Highcross, which owns Toronto Square, describes sustainability and environmental concerns as having been “paramount” during the redevelopment of what is a landmark building in central Leeds.
Editor’s notes: In April 2023, the international commercial property advisory firm remain in occupation at Toronto Square.
Other tenants at the property include Bevan Brittan, Franklin Templeton, Quilter and commercial property agent Eddisons.
In December 2021, it was announced that the 88,500 square-foot office building had been purchased by Grosvenor Britain & Ireland when it was 96% let.
In April 2023, just 2,424 sqft remains available and this is being marketed by CBRE and fellow office agent JLL.
The building has achieved a BREEAM rating of ‘Excellent’, EPC Rating B, and Wiredscore Gold certification.
The Grade A office space to let is being marketed at £30 per square foot per annum.