Catella APAM secures landmark letting at Leeds Valley Park

Catella APAM, acting on behalf of the Greater Manchester Pension Fund (GMPF), has successfully leased 25,000 sq ft at Leeds Valley Park, marking a significant transaction in West Yorkshire’s industrial market. The 10-year lease agreement, secured at a market-leading rate, underscores the rising demand for premium warehouse and manufacturing space in the region.

Leeds Valley Park, a strategically located business hub, continues to attract high-calibre tenants due to its modern facilities and excellent connectivity. Situated just minutes from Junction 7 of the M621 and Junction 44 of the M1, the park provides optimal access for businesses operating across the North of England. It features six detached, high-specification warehouse and manufacturing units, designed to meet the evolving needs of industrial occupiers.

The latest tenant, a leading food ingredient specialist, has chosen Leeds Valley Park to enhance production and logistics operations. The move reflects the company’s commitment to operational excellence and future growth, leveraging the park’s infrastructure to expand capacity and streamline supply chain efficiency.

Adam Handley, Asset Manager at Catella APAM, emphasized that the letting demonstrates strong market demand for well-located, high-quality industrial spaces. He highlighted that the rent achieved reflects the property’s exceptional specifications and strategic positioning, reinforcing Leeds Valley Park’s status as a premier business destination.

The transaction was facilitated through a collaborative effort involving joint agents Carter Towler, Avison Young, and CBRE, while the tenant was represented by GV&Co. Paul Mack, Director at GV&Co, expressed confidence that the new facility will serve as a key platform for the occupier’s continued growth, while Josh Holmes, Director at Carter Towler, noted that multiple parties were interested in the space, further demonstrating the site’s appeal.

With industrial and logistics demand on the rise, the successful letting of Unit 4 at Leeds Valley Park reinforces the estate’s reputation as a prime location for expanding businesses, contributing to the region’s economic growth and industrial resilience.