Expanding national law firm takes 44,000 sq ft in

Insurance law firm Plexus Law Ltd has announced it will expand its operations in Leeds.

The firm is renewing its lease on 32,000 sq ft of office space at Joseph’s Well in the West End of the city and is taking an additional 12,000 sq ft.

The rent is £16.75 per sq ft inclusive of all service charges on a 15-year lease.

Landlords J Pullan & Sons are undertaking a full refurbishment and fit-out of all the 44,000 sq ft of office space to bring it up to high quality office standards.

Andrew McDougall, Plexus Law CEO, commented: “We are delighted to have secured our Leeds office base in Joseph’s Well for the foreseeable future.

“Having been tenants for 15 years already, we know the building well and it is an ideal location for our expanding operations in the region in a greatly improved format for the business to perform.

“Working with the landlord, we have agreed a long-term property transaction that allows us to improve our accommodation and adapt to the changing business needs that the legal industry is witnessing.

“This is the first part of the Plexus property strategy that is being developed across all our existing locations with Leeds being a key hub within our national office framework.”

The transformation of the 156,000 sq ft five-storey building in Westgate, which was originally built for Leeds clothing magnate and MP Sir John Barran, has led to a raft of new tenants during the past 12 months.

Bruce Strachan, property director of Pullan’s, added: “The Plexus Law deal underlines the continuing popularity of Joseph’s Well and we are delighted an existing tenant is so positive about their offices that they have taken significant extra space, as many tenants have done before them.

“We are seeing an increasing level of interest in Joseph’s Well. Our recent occupiers are all excellent examples of successful businesses being attracted to a quality business environment and their arrival underlines the versatility and flexibility of space here, which is attracting a real breadth of occupiers”.

Currently there are still suites available at Joseph’s Well, ranging from 250 sq ft to 10,000 sq ft.

Joseph’s Well is located within Leeds city centre beside the Inner Ring Road offering easy access to the M1, M62 and M621 motorways and Leeds-Bradford International Airport. The building is also within a short walk of Leeds City Railway Station, City Square and all of the main retail and leisure amenities.

Robin Beagley of property agents WSB, who are marketing Joseph’s Well, commented: “J Pullan & Sons Limited have delivered a quality office product that suits a range of occupiers which, when combined with the dedicated onsite management team, extensive on-site car parking and competitive rent, makes Joseph’s Well some of the best value office space in the city.”

The joint marketing agents with WSB for Joseph’s Well are the Leeds office of Carter Towler.

Farebrother represented Plexus Law.

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