Cubo expands at Wellington Place
A further 7,600 sq ft has been taken by the flexible office provider at 6 Wellington Place, after its original 20,000 sq ft space reached 100% occupancy inside a year.
Cubo offers private office spaces of different sizes, as well as hot desks and designated desks in its coworking space.
The firm provides flexible memberships on short or long terms to smaller companies right up to larger corporates, meaning they can meet the needs of a variety of organisations.
The expansion, specifically by 7.613 sq ft, takes its total space at the building to 27,423 sq ft.
At Wellington Place, Cubo is currently host to tenants including automotive tech provider Keyloop, multi-campus summer school Summer Boarding Courses and tech headhunter SPG Resourcing.
Chief executive of Cubo Marc Brough said: “Since opening at Wellington Place last year we have seen high demand resulting in this expansion. The Leeds office market is positive, and the expansion has given us the opportunity to welcome even more exciting businesses and entrepreneurial talent.
“This move to increase our footprint at Wellington Place is reflective of our wider growth as we continue to roll-out of the Cubo brand to major cities across the UK.
“It reinforces our commitment to being based in the very best locations with excellent proximity to transport connections and like-minded organisations for the thriving businesses based in our co-working spaces.”
Paul Pavia, commercial director at Wellington Place developer and asset manager MEPC, said: “Cubo has enjoyed great success since opening at Wellington Place and we are pleased the business has committed its future in Leeds with us.
“The confidence businesses have displayed by committing to workspace at Wellington Place demonstrates our belief that the office remains an absolutely key part of the economy and society.”
Cubo has been in acquisition mode over the last year. In July, it broke a two-year duck for M&G’s Lincoln in Manchester, signing for 16,000 sq ft, while in Newcastle it took 20,000 sq ft at Bank House, the city’s hottest new office property. It also has a base in Carver Street, Sheffield.