HP expand North Tyneside base
Multinational IT Hewlett Packard (HP) has expanded its North Tyneside base with the leasing of more space at Cobalt Park.
The US firm is leasing an additional 24,596 sq ft on the park, with options to grow further.
HP, who were advised by CBRE, already occupies two buildings on the Park, and has now secured space on the second and third floors of Cobalt 21b.
Aidan Baker, director, Newcastle office agency at BNP Paribas Real Estate, commented: “HP is the seventh company to expand its space at the Park in the last six months, following G4S securing 10,000 sq ft at Cobalt 8 and Accenture securing 10,000 sq ft at Cobalt 15a.
“IBM also secured 5,000 sq ft at Cobalt 4 earlier this year.”
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