Member Article

New SME space for Leeds’ Pinnacle as part of multi-million pound investment

Moorfield Group, owners of the prominent Pinnacle office building in Leeds are set to create new SME workspaces as part of a £6 million investment.

The Suites@Pinnacle, will range in size from 300 sq ft to 2,500 sq ft and are being created with the refurbishment of the eighth floor of the 20-floor tower at Pinnacle.

Pinnacle was acquired by Moorfield Group (Moorfield) on behalf of Moorfield Real Estate Fund II, three years ago.

The new suites are expected to be ready by the end of this year, and are designed for a wide range of SMEs, including those in professional services; advertising, design, research and IT.

Speaking for the partnership between Holbeck Land and Moorfield Group responsible for Pinnacle, John Barraclough of Holbeck Land says: “Small business principals may walk passed Pinnacle and think that we are interested only in large enterprises with big space requirements.

“However, we know that small businesses are the backbone of the economy and merit as high specification offices as their larger counterparts.

“We are creating Suites@Pinnacle as an innovation which allows SMEs to become part of a business and retail community in a highly prestigious building with the best views in Leeds city centre.”

Among other Pinnacle office occupiers are Optimisa Research, re-structuring and recovery business, FRP Advisory; actuaries, Barnett Waddingham; highway consultants, Steer Davis Gleave, and HM Courts & Tribunal Service.

Retail and leisure tenants in Pinnacle Podium include Joy, Superdrug, Moss Bros, Next, Pret a Manger, Wish, Greggs, Roxy Lanes and Tesco Express.

This was posted in Bdaily's Members' News section by Clare Burnett .