The National Audit Office (NAO) has taken 10,000 sq ft at The Spark office building, part of the Newcastle Helix city centre development.
The NAO has signed a 10-year lease on the fourth floor of the 106,000 sq ft building, which sits at the heart of Newcastle Helix, which is being delivered by joint venture partners Newcastle City Council, Legal & General and Newcastle University.
Chris Shorrock, investment director – urban regeneration, at Legal and General Capital, said: “It’s a great pleasure to welcome the NAO to The Spark. Our goal with this investment was to help Newcastle keep thriving by providing high-quality workspaces in a central location that would attract businesses and organisations of this calibre. We look forward to welcoming even more new customers to The Spark and the rest of the Helix in the near future.”
Chris Hartnell, partner at Carter Jonas, which advised NAO on the leasing deal, added: “We are delighted to have acted on behalf of NAO securing the fourth floor in The Spark comprising 10,000 sq ft. The brand-new office which forms part of the exciting Newcastle Helix provides best in class workspace enabling our clients to improve the quality and efficiency of the space they occupy.”
Gareth Davies, controller and auditor general at the NAO, said: “The National Audit Office is proud to reaffirm its commitment to Newcastle and to increase our presence in the North of England. Our decision to move to the Spark has been made with a great emphasis on achieving value for money and underlines the importance of focusing on local growth, the subject of many NAO studies in recent years.”
Tony Wordsworth, director, Avison Young, joint agent with Savills at Newcastle Helix, said: “High-profile companies have been attracted to Newcastle Helix which has set new high standards for office space in Newcastle.”
