Tenants commit following Generator Studios refurb
Two occupiers will expand their presence at the Newcastle office building, as 9,000 sq ft was let following a revamp by joint venture owners ASK Partners and Vengrove.
The grade two-listed Trafalgar Street building, which has nine tenants, has been overhauled to include several informal meeting and social breakout spaces, including some with standing desks; bike racks; showers; complimentary coffee; 1GB superfast broadband and a calendar of on-site community events.
Agent Knight Frank has brokered deals with Black & White Engineering which is expanding its footprint, while digital design agency Edward Robertson has signed a lease for a further five years.
Sales software provider Refract, which was originally based at The Core within Newcastle’s Helix development, is also taking an additional 1,000 sq. ft. In all, the deals amount to 9,000 sq ft of newly committed space.
Edward Robertson said that this is the first time in its 20-year history it has renewed a lease, after an extensive search of all the creative space available in the Newcastle office market.
Director Graham Miller said: “This is the first time we’re renewing our lease rather than moving on – the creative community and quality of the accommodation at Generator Studios is what really sets this building apart for us.”
The joint venture landlords purchased the property in 2018 for £6.45m.
Knight Frank partner Patrick Matheson said: “The building is a growing hub for creative, digital and tech businesses and its key strengths are its strong community and contemporary, industrial interior.”