Second letting announced at Leeds Valley Park

Greater Manchester Pension Fund (GMPF) has announced the completion of a second industrial letting at Leeds Valley Park in West Yorkshire.

Following the letting of Unit 2 at the site, a 70,000ft² unit, this deal is for a 15-year lease on Unit 6. Hardware distributor Decco is planning to use the 47,000ft² facility to expand its operations in Leeds.

Councillor Gerald Cooney, chair of Greater Manchester Pension Fund, said: “This is part of GMPF’s longstanding successful programme of investing in assets in Greater Manchester and the wider Northern LGPS region with the twin aims of delivering commercial returns to meet our pension liabilities whilst having a positive impact on the local regional economy.

“We are confident that several more businesses will be joining Decco here shortly and taking full advantage of these high-specification warehouse and manufacturing units.”

Located in Stourton, Leeds, the is park is owned by GMPF – advised by Catella APAM. Yorkshire-based Caddick Developments has acted as both developer and contractor on the scheme, with Carter Towler, CBRE and Avison Young acting as joint agents.

Rob Oliver, principal for industrial sales and leasing Avison Young, commented: “These six new units are in a fantastic position located just minutes from the M1’s Junction 44 and Junction 7 of the M621.

“The remaining units range in size from 25,746ft² to 60,950ft² and have been rated as BREEAM ‘Very Good’, reflecting the energy and environmental considerations that have been taken into account.”

Sustainability features at Leeds Valley Park include air source heat pumps, solar PV panels, LED lighting and EV charging points.