Member Article

Seaham business park targets full occupancy in 2015

One of the North East’s fastest growing business parks is aiming for full occupancy in 2015 after signing a long term agreement with one of its most high profile tenants.

Spectrum Business Park in Seaham is home to organisations including Durham County Council, the Department for Work and Pensions (DWP) and East Durham Business Service.

And it recently put pen to paper on a five-year agreement with national support organisation BE Group, who moved onto the flagship park in 2007 and now employs over 100 people.

Paul Wellstead, the developer behind Spectrum Business Park, said: “Securing BE Group as a tenant until at least 2019 is a real endorsement of everything I’m trying to achieve here.

“I want Spectrum Business Park to be the North East’s leading business location, a thriving hub that is home to organisations forming a vibrant community. This already includes companies across sectors from IT, digital media, business support and administration to recruitment and contact centres. Among these are many new and growing SMEs who know it is the perfect environment for them to grow their business.

“The challenge for me now is to secure the right tenants for the remaining offices and I am confident that in the coming months I will have some major announcements to make.”

Spectrum Business Park, which is located off the A19 and just a stones-throw from the vibrant and developing Seaham Marina, offers serviced office space designed for smaller businesses and bigger units of up to 61,000 sq ft aimed at larger companies and organisations who employ up to 600 people.

Alastair MacColl is Chief Executive of BE Group, which was launched in 2007 and is a specialist in business information, events and commercial development programmes.

He said: “Spectrum Business Park is the perfect environment for us and it was for that reason we have signed the long term tenancy, securing our future here until at least 2019.”

Construction of Spectrum Business Park was completed in 2010 and is now home to over 20 businesses employing over 600 people.

Paul added: “With the vibrant mix of big name tenants and smaller companies located here, Spectrum Business Park is building a reputation as one of the region’s most versatile and high quality business locations and I really want to build on that to find occupants for the remaining units.

“The coming months and into 2015 are a really exciting time and the aim is that by the end of 2015 Spectrum Business Park will be full.”

To find out more about Spectrum Business Park visit www.spectrumbusinesspark.co.uk or contact Paul Wellstead on email paulw@hillford.co.uk.

This was posted in Bdaily's Members' News section by Leanne English .