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Sunderland boasts significant slice of UK's scarce new office supply
Sunderland Echo
|April 15, 2025
New data shows Sunderland is in a prime position to attract businesses to the city thanks to its significant share of the tight supply of new offices available in the UK.
Sunderland’s brand-new Maker & Faber office buildings - which have just completed - deliver 156,938 sq. ft. of new commercial property and are two of only four new-build office schemes completing and available to let this year, across UK regional cities.
The other developments include Birmingham’s 3 Chamberlain Square and 3 Circle Square in Manchester. According to Knight Frank data, only 350,000 sq. ft. of newly built office space is on the market, outside of London.
This is half the amount released in 2024 (723,724 sq. ft.) and 44% down on 2023 in an already constrained office market.
as businesses prioritise ESG credentials, amenity and location and he believes Sunderland is well placed to take advantage of this:
“It’s a very exciting time for the city - the completion of Maker & Faber on the hugely ambitious Riverside Sunderland development couldn’t have been better timed,” he said.
Diese Geschichte stammt aus der April 15, 2025-Ausgabe von Sunderland Echo.
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