The former head office of Newcastle Building Society has sealed its first two lettings following a year-long multimillion-pound renovation.
Portland House was launched late last year in the city centre, with large amounts of its modern office space under offer before it even officially opened its doors. The building’s owners, developers James Keegan and Oliver Holland, have now welcomed two businesses who will together occupy over 20% of the building. Specialist maritime and international trade solicitors, Mills & Co, which has taken a 10-year lease, is relocating from its current base at Milburn House to a 5,574 sq ft. suite.
A five-year lease has also been agreed with Begbies Traynor Group, which is also moving from Dean Street and is taking up a new suite of 3,025 sq ft. The professional services business incorporates Begbies Traynor Insolvency and Restructuring, BTG Financial Advisory and Eddisons Property Services. The lettings have been secured as more and more businesses are investing in better quality amenities and accommodation for their staff in the wake of the Covid-19 pandemic.
