Vehicle-company boost for business park

INTERNATIONAL property group Goodman has secured an out-of-town office agreement which will see ING Car Lease move to Leeds Valley Park.

ING Car Lease, one of Europe's largest vehicle leasing and fleet-management companies, has signed a 15-year lease agreement for 16,400 sq ft of Grade A office space at a cost of 18 per sq ft.

The agreement has been signed on behalf of Arlington Business Parks Partnership fund (ABPP), which is managed by Goodman.

ING will occupy the entire top floor of the Darwin building, which is the second phase at Leeds Valley Park to be speculatively developed. It will join other top multinational businesses including BAE Systems, Arla Foods and Ventura.

Located three miles south of Leeds city centre, Leeds Valley Park is a 50-acre office development.

Jeff Pearey, of joint letting agents Jones Lang LaSalle, said: "This letting to ING Car Lease is one of the most important out-of-town office lettings in Leeds this year and comes at a time when we are experiencing a welcome surge in interest in office parks across the Yorkshire region.

"We are confident that the quality of space on offer, and the availability of parking and transport connectivity, will ensure further leasing success at Leeds Valley Park in 2009."