Moorfield group ("moorfield") and leeds- based asset management partner holbeck land have announced a new letting at pinnacle in leeds to frp advisory, the restructuring and recovery firm.
FRP Advisory has taken part of the fifth floor totalling 1,450 sq ft (135 sq m) of the newly refurbished building on a five year lease. The letting at Pinnacle marks a move into the Leeds market for FRP Advisory, allowing the restructuring firm to expand and respond to the increasing demand for its services from the regional finance and business community. FRP Advisory has nine other offices covering the other major regions in England and Wales including Manchester, London, Birmingham and Bristol.
Phil Pierce, partner at FRP Advisory and head of its Leeds office, said: "Our business is growing from strength to strength at the moment and we needed to quickly find high quality central Leeds office accommodation given the demands for our restructuring services across the north of England. Pinnacle was the clear choice with its newly refurbished status, prominent location and flexible landlord."
Speaking on behalf of the partnership responsible for Pinnacle, Mark Holmes, from Moorfield said: "We have been very pleased with the positive reception received from the market following the £6 million refurbishment earlier this year and we're delighted FRP Advisory has chosen space at Pinnacle to launch into the Leeds arena."
Commenting on behalf of Holbeck Land, Robert Firth said: "Working closely with FRP Advisory, we were able to complete this deal in less than three weeks. With a location and landmark profile second to none and floor plates to accommodate thriving SME's to large regional employers, at Pinnacle we really can offer something for everyone."
accommodate thriving SME's to large regional employers, at Pinnacle we really can offer something for everyone." FRP Advisory will be joining existing occupiers at Pinnacle including Barnett Waddingham, Optimisa Research and Laing O'Rourke.
Moorfield and Holbeck Land were advised on the letting by DWF and joint letting agents Savills and Jones Lang La Salle.