McAleer and Rushe complete £100m speculative office scheme in centre of Leeds

Co Tyrone firm has already leased 85% of the 140,000 sq ft City Square House

The 12 storey City Square House is located close to Leeds’ main rail station.
The 12 storey City Square House is located close to Leeds’ main rail station.

Co Tyrone developer McAleer and Rushe has completed a speculative £100 million office development in the centre of Leeds.

City Square House was developed by the Cookstown firm’s investment arm MRP, and built by its design and build contractor wing.

McAleer and Rushe said 85% of the 140,000 sq ft office building next to Leeds Station has already been let.

The tenants include law firm DLA Piper, insurance specialist Markel and professional services consultancy Barnett Waddingham.

The 12 storey office tower is part of the ongoing development at City Square in Leeds

Angus Montieth, development director at MRP, said: “The practical completion of City Square House is a massive milestone to celebrate.

“We have created the best-in-class prime office development in Leeds, unrivalled in its location and with sustainability and wellbeing at the heart of its design.

“It boasts an impressive tenant community and we are confident that we will set a new prime rent in Leeds of £40 per sq ft.”

Jonathan O’Neill, senior director at McAleer & Rushe, added: “City Square House has been an exciting, challenging and rewarding project for us. Now this iconic building is completed, we are so proud.

“There’s no doubt that City Square House is a magnificent addition to the built environment in Leeds city centre and a symbol of the city’s thriving economy.”