The third, fourth and fifth floors of the building will become home to Channel 4, with teams from across the organisation coming together to operate out of the building.
Mark Finch, real estate director at Rushbond, said: “Leeds is now a vibrant, tech-driven city with a huge and growing pool of talent.
“The Majestic sits proudly at its heart, and the transformation of this well-loved landmark is creating a leading-edge workspace with unrivalled amenity, location and cache. Channel 4’s commitment to the building is a testament to the ambitious vision of the Leeds City Region, as well as the excitement and interest in the next chapter of the Majestic story.”
Channel 4’s chief commercial officer Jonathan Allan, said: “The Majestic is an iconic building which will put Channel 4 at the heart of the city. It’s a very impressive development.”
The Majestic first opened as a 2,400-seat cinema in 1922, and has been redesigned and reconfigured to create 66,000 sq ft of office accommodation across seven floors.
Development work is under way, with construction due to complete in spring 2020.