Catella APAM, acting as Asset Manager on behalf of the Greater Manchester Pension Fund (GMPF), has completed the letting of 56,000 so ft at Leeds Valley Park. The lease has set a record rent for the West Yorkshire industrial market, reinforcing the strong demand for high-quality, well-located logistics space in the region.
Strategically located within minutes of Junction 7 of the M621 and Junction 44 of the M1, Leeds Valley Park continues to attract best-in-class occupiers seeking modern, high-specification warehouse and manufacturing facilities. This latest letting highlights the estate’s appeal as one of the region’s prime industrial hubs.
Adam Handley, Asset Manager at Catella APAM, commented:
“Setting a new rental benchmark in West Yorkshire is a testament to the strength of Leeds Valley Park and the wider industrial market. The demand for high-quality, well-located logistics space remains strong, and we are delighted to welcome our latest occupier to the estate.”
The transaction was facilitated by joint agents Carter Towler, Avison Young, and CBRE.
Josh Holmes, Director at Carter Towler, noted:
“We are delighted to get the letting of Unit 1 over the line to a fantastic occupier. Since the turn of the new year, we’ve seen a marked increase in enquiries for mid-box space and with supply being so constrained in the region it is unlikely that the final two units will be available for long.”
With this latest deal, just two units remain available at Leeds Valley Park—Unit 3 (43,836 sq ft) and Unit 5 (60,949 sq ft)—offering well-specified industrial space in a prime West Yorkshire location.