Bruntwood has secured a 150-year lease from Network Rail for City House, Leeds, a 12-storey office building above Leeds Station.
Network Rail, which owns the freehold of the 121,000 sq ft building, has worked with Bruntwood to achieve planning consent for the redevelopment of the site to include a roof garden, business lounge and meeting space.
Stuart Kirkwood, director of development at Network Rail, said: “The planned redevelopment of City House will significantly benefit Leeds city centre and provide much-needed office space at a key transport hub.
“This deal is testament to the major role of railway stations as catalysts for significant regeneration in our towns and cities.”
Revenue generated from the lease will be reinvested back into the railway.
JLL advised Network Rail.
