| the north east
COBALT – THE REGION’S OUTSTANDING SUCCESS
obalt, situated in North Tyneside immediately adjacent to the A19, is not only the most successful office park in the region but is, arguably, the most successful office park in the country. Cobalt, comprises over 2 million sq.ft of development set in a 250 acre site of which 100 acres is dedicated to country park and substantial informal landscaped areas. Today Cobalt employs a workforce of over 14,000 people employed by 23 major national and multi-national corporates, central/local Government and a wide range of small and growing businesses housed in CBX (Cobalt Business Exchange) – the largest serviced office building in the country.
C
Adrian Hill, Director of Highbridge Properties Plc, hightlighting the scheme’s national significance said “Cobalt has evolved into a thriving business community supported by a range of ancillary facilities including four star hotel, a range of high quality retail outlets anchored by Tesco and is connected to the region’s workforce via excellent road and public transport facilities. Indeed Cobalt is served by 1,000 buses a day.
N
ewcastle-based Rating and Commercial Property
Consultants Dunlop Heywood has promoted surveyor Andrew Chandler to Associate Director following a successful year for the company. Andrew, 33, has been with Dunlop
Heywood since 2013 and has a wide portfolio of clients with responsibility for property management, valuation, commercial agency and lease advisory services. His geographical reach extends from the Scottish borders down to North Yorkshire and over to Cumbria in the West. Andrew started his career at Lambert Smith Hampton in 2006 where he gained membership of the RICS in 2008. He then joined Newcastle-based Bissett Kenning & Newiss two years later and was part of the team which merged with Dunlop Heywood during 2013.
Andrew Chandler (Right) with Darron Barker.
Andrew reports to Office Head and Director, Darron Barker
who said: “Andrew is responsible for looking after the property interests of national clients as well as North East of England based, high net worth individuals. He has proved his expertise to both the Newcastle team and across Dunlop Heywood nationally to earn this well-deserved promotion. We have ambitious plans for the office and Andrew is a key player whose regional knowledge and experience over recent years has played a vital role in consolidating and growing Dunlop Heywood’s position in the North East market.” Dunlop Heywood, established in 2008, also has offices in
Leeds, Manchester, the South East, Liverpool and Belfast. For further details please visit
dunlopheywood.com
48
However the greatest testament to Cobalt’s achievement is that the majority of the office accommodation is occupied by 7 organisations that have chosen to expand their operations at Cobalt by acquiring additional floor space. Indeed Accenture and Hewlett Packard have now each expanded their initial take on three further occasions.”
DUNLOP HEYWOOD STRENGTHENS TEAM T
The full time on site More Cobalt team supports the Cobalt business community delivering a range of services to the scheme’s occupiers and their workforce. Cobalt is now also able to offer data centre facilities via the Cobalt Data Centre Campus comprising three state of the art data centres totalling over 110,000 sq.ft of net technical area.
WORK COMPLETED AT FELLING
he multi-million pound redevelopment of Felling Shopping Centre, in Gateshead, by Caddick Developments and Helmsley Group is now complete.
Located on Crowhall Lane, the regeneration is now fully complete with ASDA opening its doors to join Subway, Boots, Card Factory, Greggs and a local taxi operator who are now all trading on the development.
Caddick Development’s sister company Caddick Construction was responsible for the design and build. Andrew Murray, Managing Director at Caddick Construction, commented: “Our team was on site for 15 months, and I’m pleased to confirm the development was completed on time and importantly on budget. We’re really pleased with the finished scheme particularly as it enabled us to demonstrate our vast knowledge and skill in the successful delivery of retail projects.” Myles Hartley, Managing Director at Caddick Developments,
added: “The strength of experience in our joint venture team together with the experience of Caddick Construction provides a clear indication of the design and build quality at Felling Shopping Centre. We are hugely excited to have fully completed the development and to see our aspirations for the scheme come to life.”
John Reeves, Chairman of The Helmsley Group said: “This scheme has been a long time in the making, there have been many obstacles to overcome in order to get this development progressed and it is great to see the culmination of four years of hard work finally come together with stores opening. “We are grateful to Gateshead Council for their assistance in bringing this scheme to fruition, they have worked with us to ensure that a successful scheme has been delivered and along with our development partners, Caddick Developments, we are excited to see the impact on Felling High Street that this re-development has the potential to facilitate.”
COMMERCIAL PROPERTY MONTHLY 2016
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108