The real estate team at Midlands law firm Lodders has advised on the sale of a converted mill building at the gateway to Leeds city centre.
The Lodders team, led by partner Mark Lee, acted for Coleshill-based IM Properties on the sale of Vanguard House for £6 million to LaSalle Investment Management.
Lodders has a long and established business relationship with IM Properties and has advised it on many of its property and real estate transactions across the º£½ÇÊÓÆµ, with the sale of a portfolio of ten properties valued at £40 million among other recent deals.
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Vanguard House, which is on Leeds’ Dewsbury Road at the entrance to the city centre, was refurbished in 2001 to provide 28,435 sq ft of office space.
Mr Lee said: “Having dealt with the re-gearing of the lease, Lodders was able to put together a comprehensive sales pack including all searches, which enabled the buyer to proceed quickly - a great result for the client at the end of a very busy year.”
Vanguard House is already fully let to IT services and software company Civica º£½ÇÊÓÆµ which expanded within the building to take full occupation with more than 200 staff, a national Customer Showcase Centre and º£½ÇÊÓÆµ hub office.