Deal shows appeal of serviced office space

The construction giant, part of ISG, chose the building for its Yorkshire home as it expands its offering in to the North of England. The office will service the firm's partnership with Leeds-based supermarket, Asda.

The agreement means that 246 desks are now taken at the 20,000 sq ft building, with 16 desks left available to prospective tenants.

Charlie Cudworth, managing director of Prospect Business Centres said: "Prospect House is the perfect fit for ISG Pearce's requirement, providing the ideal platform to service its commercial relationships in Yorkshire in the central location that it needs.

"Joining a raft of existing tenants in industries from recruitment to IT, this latest arrival reflects our ability to provide the best office solutions for a wide range of occupier.

"The popularity of serviced office space continues to be fuelled by the current economic challenges many businesses face – where traditional leases lack flexibility, our business locations offer cost-effective, fixed price and prestigious working environments without compromising on location and specification."

David Munce, operations manager at ISG Pearce added: "We are committed to expanding into areas which we have identified as key to our growth. As a partnering contractor with Asda, we were particularly keen on proximity that Prospect House could offer to Asda House and this, coupled with the business support and quality of accommodation on offer, made it the easy choice for our move into Leeds."

Launched 30 years ago, Prospect House on Sovereign Street was one of the first serviced office building of its kind.

Following the successful additions of Fountain House on South Parade in Leeds in 2008 and Apollo House in York last year, the business has launched a multi-million pound acquisition campaign to treble its existing portfolio over the next 18 months.