Skip Ribbon Commands
Skip to main content

News Release

Newcastle

Jones Lang LaSalle sell prominent office building at Quorum Business Park


NR6648 Quorum Business Park.jpgNewcastle, 23 May 2013 - Jones Lang LaSalle has sold a 40,000 sq ft office building at Quorum Business Park to TDR Training (Training & Development Resource Ltd). 

TDR Training, who were represented by Gavin Black & Partners, has acquired Q1 for an undisclosed sum as part of their on-going expansion plans.

TDR is a charitable trust with the main objective of promoting science, technology and engineering as positive career options for young people after leaving school and it aims to develop Q1 as a prominent addition to its delivery portfolio.

Bill McGawley, OBE, TDR Chairman commented; “Given the continuing need for quality staff with a bias towards engineering, science and technology we are making a significant and growing contribution to the region’s economy.

‘As a result we have been seeking a prestigious base to accommodate our expansion plans and therefore instructed Gavin Black & Partners to carry out a search on our behalf. Now that this important acquisition is agreed it means that all of our training and development will be delivered from our new facility from this summer. All our current programmes will be enhanced by this new facility which will create a true learning environment.”

Martyn Collins, Partner, Gavin Black & Partners, says he carried out a very extensive search across Gateshead and north of the river Tyne. “We had a clear brief in terms of size, quality and connectivity and Q1 certainly matched all these requirements,”

Simon Taylor, Associate Director at Jones Lang LaSalle added: “This is a significant step for TDR Training who have made the move from being a tenant in Gateshead to owning their own high quality building at a leading business park in Newcastle.  Quorum offers great opportunities for businesses to upgrade the quality of their office accommodation and in many cases without an increase in costs.’

Q1 is a three storey office building offering flexible open plan floor space, the top floor is currently let to Insure the Box.  Quorum Business Park is one of the largest speculative office developments in the UK outside central London and is currently home to occupiers including IBM, Tesco Bank, Convergys and Balfour Beatty.

Notes to editor:
  • Quorum Business Park on Benton Lane in Newcastle is one of the largest business parks in the North East. 
  • Quorum is already home to a host of first class companies and organisations including Balfour Beatty, Tesco Bank, IBM, Fabricom, Aesica Pharmaceuticals and, Convergys 
  • The scheme includes shops, restaurant, nursery, three tennis courts, 7-a-side football pitch, boules court, BBQ area, 500 new trees, wildlife corridor, formal piazzas, water features, sculptures and public art.
  • The park was named overall winner of the Ways2Work category at the 2012 National Business in the Community’s (BITC) Awards for Excellence recognising the work Quorum has undertaken to inspire better ways of working and travelling within the North East.
  • Winner of the NE Business Award for Corporate Responsibility and Environment in the Tyneside and Northumberland Heat.
 
For further information please go to www.quorumbusinesspark.co.uk
 
The TDR mission statement:
 
To ensure the success of the regional economic strategy by promoting science and technology as attractive career options for young people. To recognise, promote and benefit from inclusion. To continue skilled development of individuals to ensure a sufficient resource of Operators, Technicians and Professional Engineers adequately equipped to keep pace with modern technology and performance. Our activities are underpinned by core values that are intended to demonstrate our professionalism and commitment to learning and development throughout the area.
 
For further information please contact Ian Young on 07712 534920