Hermes completes deal on third building in Capitol Park Leeds

The refurbished 1 Sterling Way, located in Capitol Park Leeds, has been leased by parcel delivery company Hermes.

Hermes already occupies Capitol House and Tomlinson House at Capitol Park and has now taken 4,850 sq ft of office space at the two-storey 1 Sterling Way.

68 Hermes employees will be moving into 1 Sterling Way, with 34 on each floor. Altogether there are now 500 Hermes staff at Capitol Park.

Mike Heydecke, director of Sterling Capitol, commented: “We are absolutely delighted that Hermes have moved into 1 Sterling Way. They are a very important part of the Capitol Park family and their expansion is a resounding endorsement of Capitol Park itself.

“Their move is also a reflection of the comprehensive refurbishment we have carried out at 1 Sterling Way.

“Apart from the quality of the modern office space, it has 27 car parking spaces and state-of-the-art LED lighting, which has made the building very attractive. Our imaginative refurbishment has transformed a tired building into quality offices, fit for the 21st century.”

Richard Thornton of Leeds-based marketing agents JLL, added: “This was the ideal building for Hermes. Given its quality, it allowed them to seamlessly expand on Capitol Park and to continue to take advantage of its motorway location by the M62 and M1 and of the superb on-site amenities, including the excellent Village Hotel.

“1 Sterling Way is an integral part of the award-winning Capitol Park, developed by Sterling Capitol. Capitol Park is a well-established with neighbouring office occupiers including the NHS, Barratt Homes, Henderson Insurance Brokers, De Puy (Johnson & Johnson) and Ideal Heating,” he said.

Elizabeth Ridler of joint marketing agents Knight Frank in Leeds also commented: “Capitol Park has seen a number of deals during the past year, underlining the resilience of the out-of-town investment and occupational market in Yorkshire.

“There has been some uncertainty in the market, but these deals have underlined that there is still a healthy appetite for well-located and attractive properties at Capitol Park.”

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