Hermes Real Estate has secured the first letting at a speculative office building in Leeds to chartered accountants Bentley Jennison

Hermes announced today that the firm was to move from its offices on St Paul’s Street to 17,580 sq ft (1,633 sq m) of office space at the 119,000 sq ft (11,055 sq m) scheme, 2 Wellington Place.

Bentley Jennison has signed a 15-year lease at a rent of £24/ sq ft (£258.34/ sq m) and will be able to move next month. St James Securities is the development manager on the scheme.

The building has a value of £45m and forms part of Hermes’ 2.7m sq ft (250,836 sq m) mixed-use regeneration scheme to the southwest of the city centre. In March it appointed MEPC as development partner before committing to a 10-year development programme.

DTZ and Knight Frank are the letting agents on the scheme.