Global active entertainment company Gravity Fitness has opened a new 6,683 sq ft head office at the Merchant Gate mixed-use development in Wakefield, West Yorkshire.
The company has signed a five-year lease at the scheme, which was delivered by The English Cities Fund – a strategic joint venture between national urban regenerator, Muse Developments, Legal & General and Homes England – and is now fully let.
Harvey Jenkinson, co-founder of Gravity, said: “Wakefield is the perfect base for a head office from a recruitment and logistical standpoint. Our new offices are about 50m away from Wakefield Westgate, which is main arterial route from Leeds to London.
“Merchant Gate is a very up and coming location, with good food and drink for the staff at lunch and after hours on a Friday. We are also expanding. This move will help our drive for growth. We currently have 50 staff and hope to recruit a further 10 by the end of this year.”
Victoria Harris of Knight Frank, who advised the landlords on the deal, said: “The decision by such an innovative and successful company as Gravity to move their head office to Merchant Gate is a ringing endorsement of this magnificent development.
“The regeneration of Merchant Gate has provided a timely boost to Wakefield’s economy and has underlined the city’s importance and attraction as a strategic location for prime office, retail and leisure occupiers.
“Gravity’s move will drive economic and social prosperity in this proud and historic city, and be a boost to the local community, which is massively important right now. Merchant Gate, and strategic schemes like it in the city, are changing people’s perceptions of Wakefield.
“The city is benefitting from substantial investment, a proud history and an excellent location, which means Merchant Gate is fast becoming one of the region’s premier mixed-use destinations.”
Knight Frank and JLL advised the landlords. Savills advised Gravity.
