It was a sale by Gavin Black & Partners acting jointly with DTZ for T Perkin & T Webb, joint fixed charge receivers at CBRE. The trust was represented by GVA.
The fully glazed entrance building with four open plan floors of some 25,000sq ft each has parking for 184 vehicles. Chris Pearson at Gavin Black & Partners, says: “Grade A space within greater Newcastle is now critically low.”
Tony Wordsworth, head of offices, GVA says the trust can now centralise a number of functions and free up space for future clinical redevelopment at various hospital sites. The price was undisclosed.