Carillion has sold and leased back the Office 2 building at The Square, Castlegate development in Sheffield.
Carillion has leased the 42,000 sq ft building back on a 15 year term to relocate its National Support Centre from Rotherham.
John Platt, managing director of Carillion Facilities Management, said: “This new location will be a key element of the strategy for Carillion in the development of a centre of excellence for customer communication centres.”
Councillor Colin Ross, cabinet member for employment, enterprise and development at Sheffield City Council said: "The sale of the offices is a substantial investment in what are difficult market conditions. The move reduces vacant office space and is part of what has been generally a good year for take up of space in contrast to most other cities. The move brings jobs to the city with potentially more to follow."
Carillion was represented by Jones Lang LaSalle and Crossland Otter Hunt, while Chris Freer-Smith Limited acted for Threadneedle.