England - Yorkshire And The Humber • Real estate

AG Service Company Limited

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Addleshaw Goddard’s Leeds-based commercial property practice continues to excel at handling a wide range of work, including portfolio management and development projects. Nancy McGuire leads the team nationally, while the regional leadership of real estate transactions expert Lucy Sturrock sees the team advising major property holding entities, such as Columbia Threadneedle Investments, on standout purchases and disposals. Clients in the student accommodation space frequently instruct Peter Mason to assist with large development schemes, while Anna Heaton is a key contact for her ability to advise on urban regeneration projects. Logistics expert Andrew Williamson and investments expert Ian Smith are also highly recommended, and the team underwent further expansion with the arrivals of directors Jennifer Patterson from Ward Hadaway LLP and Ian Barker from Eversheds Sutherland (International) LLP. Bruce Lightbody retired from the firm in April 2023.

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Key clients

  • CPPI Bridgewater Place General Partner Limited
  • Columbia Threadneedle Investments
  • Maple Grove Developments Limited
  • National Grid Property Holdings Limited
  • The British Land Company PLC
  • Travelodge Hotels Limited
  • UK Commercial Property REIT Ltd
  • Vita Group / Select Property Group

Lawyers

Leading individuals

Ian Smith

Addleshaw Goddard

Ian leads the Sainsbury’s real estate team nationally and is the lead real estate partner for Threadneedle and Skanska in the Leeds office. General: involved in all aspects of commercial property work including sales and purchases (especially for institutional investors such as Threadneedle and VALAD), complex development projects (including acting for regional developers such as GMI Property Group and Horncastle Group Plc), acting for public bodies (such as The HCA and Leeds City Council) and landlord and tenant work (particularly in the retail sector acting for household names such Sainsbury’s, HOBBS and LEGO). Particular expertise in the food store investment market. Specialism: retail/Sainsbury’s/food store investment/high-value sale and leasebacks – recognised expert. Has developed an outstanding practice acting for Sainsbury’s where he has twice been nominated for their panel lawyer of the year and has recently been recognised as ‘exceptional amongst our panel lawyers’. Sainsbury’s have told Addleshaw Goddard that they routinely instruct Ian on more complex, higher value transactions and that they regard him as the ‘go to’ man for these projects. This is best demonstrated by the way Ian has developed the firm’s role acting for Sainsbury’s Property Investments (SPI). SPI recognise Ian as their principal advisor for sale and leasebacks and one of the leading experts in this niche field. These transactions are strategically important in raising capital for reinvestment and need to be turned around quickly whilst balancing investment value against operational flexibility. Ian’s work in shaping their lease has earned him a reputation for innovation (with one senior SPI executive describing Ian as ‘the most innovative lawyer I have worked with’). Credited by SPI as helping them ‘move forward the industry standard lease, not just for Sainsbury’s, but for the food store industry as a whole’. Other retail clients include HOBBS and LEGO and he is a key member of the firm’s national retail and consumer team.

Lucy Sturrock

Addleshaw Goddard

Partner in real estate department with experience in a broad spectrum of commercial property transactions. Particular expertise is in acting for corporate occupiers and investors in the retail and leisure sector. Particularly skilled in managing large teams, helping clients realise value from their existing portfolios, and advising on national acquisition programmes. Extensive experience of sale and leaseback transactions and large corporate disposals and acquisitions. Heads up the firm’s hotel and leisure sector group.

Next Generation Partners

Practice head

The lawyer(s) leading their teams.

Nancy McGuire, Lucy Sturrock

Other key lawyers

Anna Heaton, Andrew Williamson, Peter Mason, Ian Smith, Jennifer Patterson, Ian Barker