Newcastle offices welcome new tenant following multi-million-pound investment

An international technology provider is the latest name to announce that it is relocating its operations to Portland House, the former home of Newcastle Building Society which relaunched last autumn.

The UK headquarters of Ezoic UK Ltd will be based at Portland House from next month after the firm signed a 12-year lease on over 8,000 sq ft of space within the first floor of the eco-friendly workplace. Ezoic develops AI technology for digital publishers that improves usability and content discovery while maximising income from online advertising.

Following its multi-million pound refurbishment, Portland House has attracted a variety of businesses including commercial property consultancy Eddisons, maritime and international trade solicitors Mills & Co, barristers Parklane Plowden and recruitment firm Central Employment.

The building’s new tenants are benefitting from the investment made by developers James Keegan and Oliver Holland, to make Portland House one of the region’s most modern and sustainable workspaces.

The latest letting also comes just weeks after it was announced that wealth managers Raymond James Monument have also chosen to relocate to Portland House after taking a lease on 1,500 sq. ft of office space.

Mike McGuire, UK managing director at Ezoic, which is relocating from the Northern Design Centre in Gateshead, commented: “Ezoic UK Ltd is thrilled to have secured space in this amazing building, from which we can continue to grow and develop our AI technology, while retaining and attracting the very best talent.

“The building’s heritage and history, blended with the sensitive, eco-conscious and efficient restoration, along with its central location, make this an incredible space for Ezoic team members to work and socialise, with gyms, culture, retail and dining opportunities literally on the doorstep.

“Newcastle is a truly vibrant city, becoming increasingly important as a UK tech hub, and we’re delighted to be a part of that buzz!”

The workspaces at Portland House boast sustainable features such as carbon-neutral flooring, motion-sensor LED lighting to prevent unnecessary use, a cooling system using only fresh rather than recycled air, and walls manufactured by Earthborn, the UK’s first licence holder of the EU EcoLabel for environmental excellence.

The revamp of Portland House was also designed with business continuity in mind, and upon opening was the only office building in Newcastle with uninterruptible emergency power provision that will kick into life the moment there’s a mains failure.

By Matthew Neville – Senior Correspondent, Bdaily

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