Green for go as business park aims for sell-out

Bosses have just signed a long-term agreement with one of the park’s most high profile tenants and are hoping to see the park achieve full occupancy in 2015.

Spectrum 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 business support organisation BE Group, which specialises in business information, events and commercial development programmes.

The company first moved onto the park in 2007 and now employs more than 100 people.

Spectrum Developer Paul Wellstead 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.

“The challenge 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.

“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.”

Spectrum Business Park 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.

BE Group chief executive Alastair MacColl 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 was completed in 2010 and is now home to more 20 businesses, employing more than 600 people.

To find out more about Spectrum Business Park visit www.spectrumbusinesspark.co.uk or contact Paul Wellstead on [email protected].