×


Home About Contribute Media Kit Contact Sign In
×







.


Property Industry News

New tenants join the ranks at Newcastle's Generator Studios


A significant investment to refurbish and enhance the amenities at Generator Studios, Newcastle, has paid-off as two new tenants sign-up to take office space.

New tenants join the ranks at Newcastle's Generator Studios


"The lettings were agreed in lockdown and go to show that there is appetite for high-quality space with amenities that put health and well-being at the heart of the office."
Partner at Knight Frank, Patrick Matheson



A significant investment to refurbish and enhance the amenities at Generator Studios, Newcastle, has paid-off as two new tenants sign-up to take office space.

Knight Frank has brokered deals with healthcare marketing agency, Onyx Health, and business consultants, Business Buying Service, which have both committed to long term leases at Generator Studios, on Trafalgar Street. Onyx Health is relocating from Hoults Yard.

The landlord - a joint venture between Vengrove and ASK Partners - purchased the property in 2018 for £6.45m and has since invested further to modernise the building. The refurbishment was designed to help better meet the needs of the modern occupier and tenants also helped shape the plans, through consultation with the landlord.

The building, which has 12 tenants, has been revamped to include a number of inspiring informal meeting and social break-out spaces, including some with standing desks; bike racks; showers; complimentary coffee; 1GB superfast broadband; and a calendar of on-site community events.

Partner at Knight Frank Newcastle, Patrick Matheson, who works with joint agent BNP Paribas Real Estate, said: “The lettings were agreed in lockdown and go to show that there is appetite for high-quality space with amenities that put health and well-being at the heart of the office. One of Generator Studio’s key strengths is its strong community and creative environment.”

Generator Studios offers Grade A office space, with parking, and has a relaxed, creative feel with exposed services. Suites available to let range from1,400 sq. ft. to 4,600 sq. ft.

Daniel Austin, CEO at ASK Partners commented: “We’re delighted that the refurbishment of the building has attracted strong tenants. This is clearly a good sign for the Newcastle office market and proof that the newly designed space and amenities are appealing to tenant demand.”

Tenants include Hedgehog Lab, Oak, Gardiner Richardson, Black and White Engineering and Atlas Cloud.

.


Property Business News - The North East is being targeted by an electric vehicle EV charging hub developer after the region saw a sharp rise in EV ownership.


Osprey targets North East for new EV charging hub sites

Property Business News - The option to renovate your own house is clearly popular, with 2,600 monthly Google searches for house renovation in the UK and another 1,900 monthly Google searches for home renovation . Turns out, a lot of people are looking into fixing up their own property.


Reducing costs when renovating the house of your dreams

Property Business News - North East developer, Modo Bloc, has submitted plans to sympathetically regenerate the derelict site of an old petrol station at Neville s Cross, Durham, with a development of high quality, family homes. Modo Bloc plans to build 12 four-bedroom, modern family townhouses on the site, which sits just off the A167 Newcastle Road.


Modo Bloc seeks planning for executive family homes in Nevilles Cross

Property Business News - London-based principal development and bridging lender Avamore Capital has reported a record year of growth and is predicting another year of unprecedented completions in 2021.


Year Of Growth For Avamore Capital

Property Business News - Bernie Hubble has been appointed as the Customer Voices Officer, a role that will be dedicated to ensuring the safety and wellbeing of residents and giving them a platform to voice their opinions.


Warrington Housing Association appoints dedicated Customer Voice Officer

Property Business News - To support the families, older people, and people with additional support needs living in its 1,300 properties, the housing association has restructured its team to become even more customer-focused.


WHAs fab five appointments set to further support tenants after lockdown ends






Ten Times Ten

We transform your bright ideas into brilliant digital products.