Quorum Business Park

Quorum Business Park in North Newcastle is the largest speculative office development in the UK outside Central London, with almost 1 million square feet of office space built or under construction. Tenants include Cofely GDF Suez, Fabricom Offshore Services, HM Revenue and Customs, IBM, OSG Shipping, Insurethebox, Ebiquity, Tesco Bank, Aesica, Balfour Beatty, Home Group, Convergys, MACAW Engineering, MWB and Kids First Nursery.

Quorum was part of the North Tyneside Enterprise Zone that ran from 1996 to 2006. The site was originally occupied by the US Corporation Viasystems who had a major semiconductor manufacturing plant on the site. When that plant closed, the site was bought by the current owners who redeveloped the site into a major Business Park. Funding for the development was raised by Tritax with construction undertaken by Grantside, both joint venture partners in the development company.

Development Director Fergus Trim was recruited in 2008 to lead a major 450,000sqft phase of development and to head up the management and marketing of Quorum.

In 2009 and 2010 Quorum made the headlines with a series of lettings including some notable job creating inward investments. Almost 250,000sqft of office space was let to six new companies including major occupiers such as Tesco Bank, Balfour Beatty and Convergys.

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