New development demonstrates rising demand

We are pleased to be responding to rising demand for high-specification industrial and distribution space with a major new development on Tyneside.

The 45,000 sq ft industrial unit suitable for manufacturing or warehousing is taking shape in Team Valley, Gateshead, on the site of the former Npower base on Eighth Avenue.

Construction started in October by STP Construction and the development is expected to be completed by Spring 2022.

Eighth Avenue West, as the site will become known, forms part of a pipeline of speculative industrial sites which we are developing in response to increasing demand from commercial property occupiers.

Keith Taylor, our managing director, said: “There has been a significant upturn in demand for industrial space in recent months as occupiers respond to changing patterns of consumer behaviour accelerated by the effects of the pandemic.

“Manufacturing output from small to medium size businesses (SMEs) is also rising in line with order numbers, companies are taking on more and more staff and business confidence remains solid despite supply chain challenges.

“All this feeds into increased demand for industrial space, which makes schemes like Eighth Avenue West really important to help keep the economy on an upward curve.”

Eighth Avenue West will have a host of features designed to help the environment including roof-mounted photovoltaic panels, air source heat pumps, low energy LED lighting and electric vehicle charging points.

It is expected that the finished building will be ‘A’ rated for energy efficiency and will be capable of operating at zero carbon in terms of net CO2 emissions.

We will also develop the neighbouring site – Eighth Avenue East – into 35,000 sq ft of office and warehouse space.

Tim Witty, our development director, said: “Team Valley is already an important business location and we have invested significantly in the estate to make sure it leads the market.

“We have already received a great deal of interest in Eighth Avenue West and will be starting development of Eighth Avenue East in early 2022.

“We’re pleased to be bringing new grade A industrial property to the area, cementing its reputation as a location that supports the growth of business and employment.”

Current Developments

L7, Intersect 19, Tyne Tunnel Estate

Intersect 19 is a strategically located development adjacent to the arterial routes of A19 Tyne Tunnel and A1058 Coast Road. These are two high quality industrial units with office space.

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  • Type: Industrial/Distribution
  • Size: Two units of 4,484 sqm (48,255 sqft) and 6,769 sqm (72,865 sqft)
  • Location: Tyne Tunnel Estate, North Shields, NE29 7UT

Current Developments

Kingsway North, Team Valley

Kingsway North is a prime location, immediately off the A1. The prestigious address is being redeveloped into distinctively designed and substantially sized industrial units.

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  • Type: Industrial / Warehouse
  • Size: 2,788 sqm (30,009 sqft) to 5,539 sqm (59,620 sq ft)
  • Location: Team Valley Trading Estate, Gateshead, NE11 0BE

Previous Developments

Enterprise House, Team Valley

Enterprise House is at the heart of Team Valley, and is currently being redeveloped to provide newly refurbished high quality office space on the first floor, and new retail units on the ground floor. 

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  • Type: Retail / Offices
  • Size: Office: Suites from 68.7 sqm (740sqft) to 158 sqm (1,700 sqft) / Retail: Units 83 sqm (893 sqft) and 84 sqm (904 sqft)
  • Location: Team Valley Trading Estate, NE11 0SR

Previous Developments

Dukesway Central, Team Valley

Dukesway Central is located between two of Team Valley’s main thoroughfares. The 10 acre site is being developed to include upto 200,000 sqft of industrial and warehouse units.

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  • Type: Industrial / Warehouse
  • Size: 1,140.5 sqm (12,276 sqft) to 2,493 sqm (26,834 sqft)
  • Location: Team Valley Trading Estate, Gateshead, NE11 OPY

Previous Developments

Eighth Avenue West, Team Valley

Eighth Avenue West is a hi-spec industrial / distribution unit, with high office content, on this large area of land at the heart of the Team Valley.

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  • Type: Industrial / Distribution
  • Size: 4,910 sqm (52,851 sqft) - option to join site with Eighth Avenue East
  • Location: Eighth Avenue, Team Valley, Gateshead, NE11 0TU

Previous Developments

Mammoet, Teesside Estate

Transport giant Mammoet required new state-of-the-art headquarters. The six-acre facility was built to Mammoet’s specifications.

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  • Type: Warehouse / Office
  • Size: 3,100sqm (33,480sqft)
  • Location: Plot 5
    Teesside Estate

Previous Developments

Intersect 19, Tyne Tunnel

Intersect 19 is located in the Tyne Tunnel Estate, in the commercial hub of North Tyneside.

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  • Type: Warehouse / Manufacturing
  • Size: 4,912 sqm (52,874 sqft) up to 8,187 sqm (88,125 sqft)
  • Location: Tyne Tunnel Estate


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