Case Studies

Suite Success: Landlord Investment Pays Off at West One

Landlord: Pioneer Real Estate and Pears Group Tenant: Aberdein Considine LLP Location: West One, Newcastle Size: 5,000 sq ft Fit-Out Duration: 8 weeks   Overview Aberdein Considine, a leading UK-wide legal and financial services firm, recently relocated to an 5,000 sq ft fully fitted suite at West One, Newcastle. The move marked a strategic decision […]

Self-Contained, Fully Explained: The Office Trend Gaining Ground

Overview In recent months, Parker Knights has observed a significant increase in demand for self-contained office units in key locations across the North East, including Newcastle Business Park, Team Valley, and Sunderland. These properties are appealing to both owner-occupiers and investors, highlighting a broader shift in commercial property preferences in the post-pandemic landscape. Parker Knights […]

Double Success: Office Relocation Finalised for Beecham Peacock

Parker Knights is proud to have assisted Beecham Peacock LLP, a respected law firm in Newcastle, with their recent move to New England House – an excellent new space that aligns with their growth and future ambitions. At the same time, we successfully managed the sale of their former office on Collingwood Street, ensuring a […]

Largest city centre letting of 2024

Parker Knights, acting on behalf of Praxis, successfully leased the entire 3rd and 4th floors at 1 St James Gate to LNER, covering a Net Internal Area of 16,454 sq ft. Having been appointed in July 2024, Parker Knights efficiently secured this prominent tenant shortly after their appointment, marking a significant achievement. This transaction stands […]

Portland House, Newcastle, 60,000 sq ft Grade A Office Scheme Fully Let

Parker Knights were appointed joint agent on Portland House in 2022. The Landlord invested 7 figures refurbishing the entire building, creating one of the best office products in the city. Michael Downey at Parker Knights helped with initial design input right through to overseeing a number of lettings, which ranged from 1,500 to 10,000 sq […]

1 Citygate, Newcastle, fully let within months of PC

Parker Knights were appointed joint agent on the vacant three floors extending to 20,000 sq ft in 2022. The Landlord invested 7 figures into the refurbishment scheme to include externals, reception, common parts and floorplates. The building was 75% let ahead of practical completion with the remaining 25% let within 6 months following practical completion. […]

Acquisition, lease surrender and new letting of the former TSB Bank, Sunderland

This was an off-market acquisition of the former TSB building on Colima Avenue. TSB bank PLC were not in occupation but were still liable for rent for 1.5 years. We acquired Riverside House for Cable Properties & Investment Limited, and lined up Northern Powergrid (NPG) as the new tenant confidentially in the background.

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