ONE of the world’s leading logistics providers has taken space at a development in Gateshead.
Kuehne + Nagel has taken 2,578sqft on the first floor of Morston Assets’ Northumbria House at Metro Riverside Park, Gateshead.
The move follows their relocation from Newcastle International Airport as a result of the acquisition of RH Freight, which was located at Newcastle Business Park.
C&C Group, a business and IT services organisation, has taken 1,784sqft within Morston Assets new concept in business centres that they introduced last year to the North East through a £2.5m investment in the former BT Call Centre, now branded “Yours Business Networks”, which is now home to 18 companies.
The C&C Group provides IT services through the development of bespoke software for utilities across the UK, together with servicing support.
Knight Frank’s Patrick Matheson, who is advising Morston Assets, says that the Yours Business Networks centre continues to attract occupiers due to its flexibility and high specification.
He said: “We are finding a good level of interest below the 5,000sqft ceiling. We are negotiating with several other parties and we hope to be able to build on the great success that Metro Riverside Park has enjoyed over the past 12 months.”