the north east |


THE PEARL CONTINUES TO SHINE T


he eight-storey ‘The Pearl’ building dominates Newcastle’s city centre rising high above New Bridge Street where it meets Pilgrim Street, Northumberland Street and Blackett Street.


Following a £3 million refurbishment in 2013 by Hermes Investment Management, The Pearl has evolved into an exceptional new working environment in a city that continues to see a rising demand for office space.


It is home to an array of charities and businesses, counting The Royal British Legion, which provides lifelong support for the Armed Forces community and Shared Interest, a ground breaking social lender which has linked UK investors with fair trade organisations, as current tenants. More recently, leading planning and design consultancy Barton Willmore, Maersk, a trade, shipping and energy company that operates globally, and popular chain restaurant Five Guys, have also joined the business community at The Pearl.


Barton Willmore is occupying 1,183 sq.ft on a five year lease, Maersk is occupying 3,458 sq.ft on a 10 year lease and Five Guys is occupying space on the


ground and first floor. The Pearl’s popularity is a reflection of its core strengths. The mixed-use scheme not only offers occupiers high-quality office space, but also provides great transport links to the rest of the UK.


Following a £3 million refurbishment in 2013 by Hermes Investment Management, The Pearl has evolved into an exceptional new working environment in a city that continues to see a rising demand for office space.


As well as improved office space, The


Pearl’s redesign also included the addition of The Forum @ The Pearl. Created as a business hub, The Forum is an open-plan working environment that promotes collaboration and co-working and allows occupiers to share ideas in a relaxed space. Working closely with Hermes Investment Management, Gavin Black &


New tenants discover The Pearl


Partners and Knight Frank are providing expert knowledge of Newcastle’s commercial property market.


RECENT LETTINGS Maersk


R Fr From500 to 25,775,777 sq ft From 500 to 25,777 sq ft ft


ECENTLETTING S Maersk


SharedInterest Barton Willmore


Shared Interest BartonWillmore


RoyalBritishLegion al British Legion


PatrickMatheson atrick Matheson


E: patrick.matheson@knightfrank.com ebeccaMaddison


Re rebecca.maddison@knightebecca.maddison@knightfrfrank.com ankcom


E: patrick.matheson@knightfrankcom Rebecca Maddison


Chris Pearson Laura Llo


E: chris@gavinblack.co..uk Laura Lloyd


Chris Pearson E: chris@gavinblack


uk E: laura.lloyd@gavinblack.co.uk.uk E: laura.lloyd@gavinblack


COMMERCIAL PROPERTY MONTHLY 2016


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