National planning and design consultancy, Pegasus Group has expanded its operations in Newcastle with a move to a new 3,200 sq. ft office space within Adderstone Group’s Gainsborough House on Grey Street in Newcastle.
Pegasus Group, a leading consultancy specialising in planning, design, environment, economics and heritage, opened its Newcastle office just over 12 months ago, but a much higher growth in the region than anticipated has seen the team expand, with a subsequent need for larger office space.
Melanie Brown, Commercial Estates Manager for Adderstone Group (left) with Sandra Manson, right, Senior Director of Pegasus Group
Their move to the refurbished, Grade II listed Gainsborough House on Grey Street, which Adderstone Group acquired in 2018, means that the 25,700 sq. ft building is now almost fully occupied, with one remaining 3,000 sq. ft suite which is still available for rent.
Pegasus Group’s Newcastle office, headed up by Senior Director Sandra Manson, will accommodate the existing team of eight, with new team members joining very soon to assist with continued growth.
Sandra said: “Since opening our Newcastle office last year, we have seen a much higher growth in work than we envisaged. While this is excellent news for Pegasus Group, it also reflects a level of investment and confidence in the North East that is exciting and that clearly bucks the trend of much of the UK.
“We very much wanted to be in the heart of the city, in the historic core, and what better location is there than the world-renowned Grey Street. The Suite in Gainsborough House allows us to accommodate our existing team and also provides us with the space for future growth.
“As well as providing us with superb office space, we’re looking forward to supporting Adderstone Group to deliver a range of residential, commercial and leisure schemes across the region.”
Melanie Brown, Commercial Estates Manager at Adderstone Group said: “Pegasus’ growth story since they moved into the city a little over 12 months ago has been very impressive. We worked closely with Sandra and her team to deliver their requirements for a high spec office in the heart of the city.
“The interest we have had for office space here at Gainsborough House, as well as our landmark Tyne Bridge House and Pipewell Quay office schemes, both under development on Gateshead Quays, demonstrate that the requirement is still strong for Grade A office space in the city.”
Businesses interested in finding out more about the final vacant suite at Gainsborough House are encouraged to contact Adderstone Group here or 0191 269 9944.