‘This move represents much more than a new office for us – it’s a really important moment in a 150‑year relationship with Newcastle and the North East’
The Wellbar building at Gallowgate, Newcastle(Image: Lawrenson & Grebby Photography LLP)
A leading property consultancy has marked 150 years of operating in Newcastle and the wider North East through the launch of a new city centre office.
Real estate advisor Avison Young has been involved in a raft of high profile projects across the region, including its support of ambitious projects such as Forth Yards, the regeneration of Pilgrim Street and Founder’s Place in Newcastle, together with transformational schemes in Sunderland, Durham and Gateshead.
The business has now relocated from Central Square South to Wellbar on Gallowgate, next to St James’ Park, after striking a 10 year lease deal. The firm has relocated to a 4,400 sq ft space on the eighth floor of Wellbar, which will give its 30 colleagues and offers panoramic south‑facing views across the city.
Avison Young bosses said the move underlines its long‑term commitment to the region and confidence in its future growth. Wellbar is owned by the Reuben Brothers, and Avison Young supported the billionaire real estate firm in its acquisition of the building for around £21m in December 2023.
Avison Young has held a celebration in its new office to mark 150 years in Newcastle.(Image: Avison Young)
The firm also manages the building on their behalf, providing ground floor front‑of‑house staff while delivering all professional services within the building. Other occupiers include Sky, Irwin Mitchell, Eversheds and Kennedys.
The move comes as the business marks 150 years in Newcastle, originally established in 1876 as Lamb and Edge. From its origins managing the Grainger Estate in Grainger Town, Gordon Hewling, managing director of the Newcastle office, told how the firm has played a central role in shaping Newcastle’s built environment through periods of industrial growth, post‑war regeneration and modern‑day transformation.
Mr Hewling, principal in the building and project consultancy, said: “This move represents much more than a new office for us – it’s a really important moment in a 150‑year relationship with Newcastle and the North East.
“We’ve grown alongside the city through industrial expansion, post‑war reinvention and into the modern, outward‑looking regional centre it is today, and we’re incredibly proud of the role we’ve played in shaping that journey.
“Moving into our new home in a building we manage on behalf of a long‑standing client is a powerful reflection of who we are as a business and how we work. Being just five minutes from Grey’s Monument and Eldon Square puts us at the heart of the city, in an area set to see more change over the next decade.
“As we look ahead, this move is about carrying that legacy forward: continuing to support growth, attract investment and help shape places where people, businesses and communities can thrive. We’re excited about the next chapter.”
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