M&G Real Estate, the real estate fund management arm of M&G Investments, has agreed new terms with existing occupier Capsticks, which enables the law firm to expand its office space to the whole of the third floor in Toronto Square.
Capsticks, the specialist law firm in health and social care and social housing, has expanded with a further 7,797 sq ft, taking their total space within the building to 12,206 sq ft, on a 10-year lease.
Toronto Square offers 90,676 sq ft of office space and is rated BREEAM ‘Excellent’. M&G Real Estate acquired Toronto Square in the heart of Leeds City Centre’s traditional business district from Highcross last year.
Duncan Holmes, Associate Director, Asset Management at M&G Real Estate, says: “The expansion of Capsticks is a great endorsement for the premier office space we offer at Toronto Square. The quality and central location of the building continues to attract high profile tenants and we still have approximately 16,000 sq ft to let on the 1st and 2nd floors.”
Toronto Square attracted a number of new tenants last year, including CBRE, Hiscox, Willis and Eddisons.
CBRE and DTZ represented M&G Real Estate and Capsticks was unrepresented.
