Leeds office park sold as part of major deal

Leeds office park sold as part of major deal

Leeds out-of-town office scheme City West Office Park has been acquired as part of a multi-million pound portfolio deal.

City West Office Park, Gelderd Road, 1.5 miles from Leeds city centre, has been acquired by London-based asset management business, Xlb Property, and Harbert Management, from the £200m+ Webb Portfolio.

Commercial property consultants, JLL and Carter Towler, Leeds, have been appointed joint agents to the newly-acquired scheme, which comprises three office buildings totaling 93,000 sq ft of office space.

Xlb Property partner, William Poole, said: “City West represents a great opportunity to add value through creative asset management and refurbishment to realise the full potential of the scheme which is among the best out-of-town office locations in Leeds.”