Kier Property, the property arm of Kier Group has completed the sale of Headrow Court in Leeds to Strathearn Glasgow Limited.
Headrow Court is located on The Headrow, opposite Leeds Town Hall, and provides approximately 45,693 sq ft. (4,245 sq./m) of office accommodation set over a cluster of four separate units. Headrow Court is a short walk from Leeds Railway Station, the commercial business district, Leeds University, Leeds Beckett University and the City Centre retail, leisure and historical core.
Purchased by Kier Property in 2016 from Hudson /Lonestar, all buildings are leased to Nat West Bank PLC on an FRI lease.
Tom Gilman, managing director of Kier Property (north), commented: “We are pleased to confirm the sale of Headrow Court to Strathearn Glasgow Limited. Over the last two years we have seen the office market in Leeds strengthen and as a result we felt it was the right time for this sale to happen and focus on other development projects we are involved with elsewhere in the north of England.”
Knight Frank’s Leeds Investment Team advised Kier Property on the sale.