| the north east
HEDGEHOG LAB EXPANDS NEWCASTLE HQ AS GROWTH SPIKES
headquarters at Generator Studios following revenue growth of 300% last year and the expansion of its global workforce from 14 to 115 people. The firm, which has offices in London,
h
Boston, Austin, Denmark and Hyderabad, India, has leased space extending to circa 7,500 sq.ft for its Newcastle employees having outgrown the initial 1,700 sq.ft of space acquired in 2012. Generator Studios, a 42,400 sq.ft scheme
edgehog lab, the Newcastle-based global technology consultancy, has expanded its
L-R: Aidan Baker (BNPPRE), Sarat Pediredia (CEO,
hedgehog lab) and Jamie Mableson (Metnor Property Group).
Balliol Business Park, Benton Lane, Newcastle upon Tyne NE12 8EW
COMING SOON
Refurbished contemporary office accommodation creating the most inspirational workplace north of Newcastle from 5,062 sq ft to 30,369 sq ft
Balliol Studios is unlike typical office buildings. It has been designed to inspire and invigorate staff and clients alike.
OFFICE DESIGN
CONTEMPORARY REFURBISHED
RROADAIL&AIR WELL CONNECTED BY
SHOWER FACILITIES
54
30,369 SQ FT
5,061 SQ FT
FLOOR PLATES
CAR PARKING SPACES RATIO: 1:192 SQ FT
156
Gone are the suspended ceilings and recessed lighting, replaced by low energy exposed services for a more cutting edge office environment.
James Fletcher
jamesfletcher@naylors.co.uk
Jessica Simpson
jessicasimpson@naylors.co.uk
Michael Downey
mdowney@lsh.co.uk
Bill Lynn
Blynn@lsh.co.uk
owned by Metnor Property Group Ltd on Trafalgar Street, Newcastle, provides strategically-located studio accommodation in a Grade II-listed building. The building offers a range of small to large suites of contemporary design and innovative working space with ample expansion opportunities, attracting a number of high-tech occupiers in recent years. The building benefits from a 1Gb superfast broadband connection providing outstanding data connectivity. Business telecoms provider Fuse
Telecom has also taken further space at Generator Studios. The expanding firm has doubled its floorplate in order to meet demand for its new business, Fuse Connect, which provides 4G data connections and access solutions for construction sites and remote locations.
The acquisition of further
space by hedgehog lab and Fuse Telecom illustrates the accommodation’s flexibility, affording expansion opportunities that are rarely available within city centre space to companies of all sizes.
Aidan Baker, director in BNP Paribas
Real Estate’s Newcastle office, said: “The acquisition of further space by hedgehog lab and Fuse Telecom illustrates the accommodation’s flexibility, affording expansion opportunities that are rarely available within city centre space to companies of all sizes. The studio offices continue to prove popular to a wide variety of occupiers, with only three suites totalling 5,500 sq.ft available.” Jamie Mableson, investment
director at Metnor Property Group, said: “We are delighted that both hedgehog lab and Fuse Telecom have decided to expand their presence within Generator Studios. The building has won several awards for its contemporary design and innovative working spaces and continues to be popular with a range of businesses.” BNP Paribas Real Estate advised
Metnor Property Group Ltd; hedgehog lab and Fuse Telecom were unrepresented.
COMMERCIAL PROPERTY MONTHLY 2017
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