THE north of Newcastle remains popular for companies seeking quality office space.
Attractions include having the Metro and impressive local facilities nearby plus the suburb has good transport links via the A1 and easy access to the A19, Newcastle International Airport, the city centre and further afield.
Commercial property consultants GVA say that whereas there has been little new office development at Newcastle Great Park in recent years, there has been an encouraging take-up of office space in the Gosforth area. AMEC Group Ltd has taken a lease of the sixth and seventh floors of Partnership House at the Regent Centre, Gosforth.
The company’s environment and infrastructure business recently occupied 29,700 sq ft in the building by way of a 10-year under-lease from Carillion Energy Services.
Astrium, a world leader in the design and manufacture of satellite systems has leased the ninth floor of Partnership House extending to 6,375 sq ft, again by way of an under-lease from Carillion.
GVA and Sanderson Weatherall acted on behalf of Carillion in relation to the lettings. Cushman and Wakefield acted on behalf of AMEC with Lambert Smith Hampton acting on behalf of Astrium.
Tony Wordsworth, director, GVA said: “The Regent Centre and, in particular, Partnership House is proving to be a popular location for companies to re-locate to Grade A premises without major disruption to their employees and also benefits from easy access to the Metro system.”
North Star House, Gosforth, a 5,700 sq ft office building on the Great North Road, formerly occupied by Cussins Homes and more recently by Inland Revenue has been acquired by Daft as a Brush, a charity set up by Brian Burnie which supports cancer patients. GVA acted on behalf of the vendor, Mapeley.
At the nearby Quorum Business Park, GVA and their joint agent Quorum Development Partners secured the sale of the Q6 Building to NCFE with Gavin Black and Partners acting for NCFE.