CHARTERED Surveyors Eddisons has moved its head office after 35 years.
The firm, which is based in the centre of Leeds, moved from Pennine House on Russell Street to Toronto Square, between Infirmary Street and Quebec Street.
It agreed a 10-year lease for nearly 10,000 sq ft on the fourth floor. Today is the first day in the new premises.
Richard Roe, managing director of Eddisons, said: “This is an important move, as part of the next phase of the company’s development.
“The new premises provide an exciting and positive working environment, along with additional space, for our expanding head count.”
Eddisons moved out of Pennine House following negotiations with BA Pension Fund, which has plans to redevelop the building for student accommodation.
Eddisons joins a number of companies including law firm Capsticks, real estate firm CBRE and wealth management company Towry at Toronto Square.
Iain Taylor, associate director of Highcross, which owns the 90,000 sq ft building, said: “Following this latest letting to Eddisons, the building will be more than 70 per cent occupied.”
Eddisons was established in 1884 and employs a team of over 200 staff, working from 11 offices across the UK and Ireland, including Huddersfield and Bradford.
The firm’s London office, which has recently taken on eight new staff, is moving to larger premises in the City of London.
Meanwhile, the Bristol office has also completed a move to new offices within the city centre.
Eddisons provides a range of services to banks, insolvency practitioners and owners and occupiers of commercial and residential property.
A planning application to convert the nine-storey Pennine House into 119 student bed spaces was granted last year after the largely vacant building had proved difficult to let.
It is the first student scheme to be developed in this part of the city. Some business objectors claimed student use was incompatible with the business quarter and could deter potential occupiers of surrounding office spaces.
CBRE and DTZ acted on behalf of Highcross in the deal with Eddisons.
The interior fit-out was carried out by Leeds-based Building Interiors.