APAM embarks on a refurbishment programme for 2 Whitehall Quay

Following the completion of the £8m transformation of One City Square in Leeds, Catella APAM (“APAM”) is now embarking on a significant refurbishment programme for 2 Whitehall Quay, another prime office in the city centre. APAM has appointed joint agents Fox Lloyd Jones and CBRE to market three floors of Grade A office accommodation within the building.

The second, fifth and sixth floors, totalling c. 36K sq ft, will be available from Summer 2021 following the exit of NHS Digital. The property is able to offer a combined 24,606 sq ft across the fifth and sixth floors, which is rare in the city centre.

Josh Whiteley, senior asset manager at APAM, is looking forward to the works starting in March and commented, “We are immensely proud of our refurbishment track record, recently demonstrated at One City Square and we are now looking forward to carrying out a similar transformation of 2 Whitehall Quay. As part of the works we are exploring a ‘cluster’ approach to combine the amenity provisions with One City Square to offer complimentary benefits, including meeting rooms, co-working space and gym facilities.”

Commenting on the instruction, Nick Salkeld of Fox Lloyd Jones, said, “The Leeds office market is experiencing a clear ‘flight to quality’ with a rising volume of Grade A space being let. However, there is as little as 72K sq ft available across the whole of Leeds City Centre, therefore we expect a great deal of interest in 2 Whitehall Quay, which is in a prominent riverside location, benefitting from excellent natural light.

“We are delighted to have been appointed by APAM, as it is further evidence of FLJs ever-growing presence in the city’s office market.”

Commenting on the instruction, Alex Hailey of CBRE, said, “CBRE have had the pleasure of working with APAM and their design teams on 1 City Square and we’re delighted to have the opportunity to work with them on another exciting project, 2 Whitehall Quay. Upon completion of the refurbishment, 2 Whitehall Quay will provide some of the best quality office accommodation in the City Centre. There will be a huge focus on wellbeing, which means Whitehall II will provide the perfect working environment as staff return to the office as lockdown restrictions ease.”

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