Massive national firm completes deal for new headquarters in North Tyneside to double capacity
A national fabrication and distribution company, which is part of the Belgium-based IPCOM Group, has completed a significant letting deal for a new North East headquarters, doubling its capacity.
Knight Frank has secured the letting of a 58,000 sq ft unit on Intersect 19 at Tyne Tunnel Trading Estate to ISOPARTNER UK (formerly known as IBSL Group), on behalf of the current tenant, Pryme Group.
ISOPARTNER UK, part of the Belgium headquartered IPCOM Group, provides high-performance fabrication solutions including thermal and acoustic insulation, fire protection and ventilation accessories.
Steve Renney, chief executive of ISOPARTNER UK, said: "Our new 58,000 sq ft HQ gives us the capacity to double output, bring new manufacturing lines online and create skilled jobs, with the space for us to operate optimally and double our workforce over the next two years."
The firm, which operates across 12 UK locations, will move from its current properties in Seaton Delaval and North Shields, comprising 25,000 sq ft, to allow it to expand.
ISOPARTNER UK finance director Ashley Lawson, added: "We chose this property because we wanted to keep our roots in North Tyneside, and it has great transport links across the UK and Europe."
Mark Proudlock, partner at Knight Frank, said: "It's fantastic to see a home-grown company doing so well and taking market-leading space in the region."