Office Space in Newcastle: The 2025 Roundup

It’s no secret that Newcastle is one of the UK’s most popular spots for high-end office space, with a culture built on hard work and some brilliant views across the River Tyne. 

Across the North, Birmingham is often referenced as the UK’s second city, with Manchester a strong contestant for that spot also, but new developments are shooting up in the North East. These stunning new builds are helping establish Newcastle as a major player for Grade A office space outside of London.

Here’s what the current state of play looks like…

Office Space For Rent in Newcastle

One of the most talked about developments currently is 1 Pilgrim Place – a 250,000 sq ft build with office space available from 2027. The build itself is due to be completed later this year, so businesses will be able to scope out the opportunity and explore whether it’s right for them. 

Across other developments in Newcastle, it’s estimated that the average rent rate is around £32 per sq ft. A rate which is proving to be seen favourably by businesses looking to move into the area, as Newcastle saw an impressive start to 2025, with 481,000 sq ft let across the city – it’s best since pre-COVID. 

Work to be done

Whilst there are a growing number of new builds popping up across the North East, it’s been recorded that from current office space, just 15% of commercial spaces in these two cities have an EPC rating of B or above. 

Essentially, this means that commercial workspaces throughout Newcastle will need to be brought up to an EPC B in the next five years if the proposed 2030 deadline is confirmed. 

We’re familiar with many clients looking to upgrade their energy performance in their office, both to reduce waste and costs, as well as meet modern-day standards. We like to let our work speak for itself, though.

Our Partnership With True Potential

Our latest project in Newburn, Newcastle, is a 24,886 Sq ft full refurbishment for True Potential. Our partnership began earlier this year when we began discussing our vision for how we could transform their space.

We’re excited to be carrying out a full strip out of their existing space and implementing a full fit out, true to the design outlined by our in-house design team. 

Keep your ear to the ground

Stay up to date with how this project, and others we’re working on, develop over the coming months – along with updates from other key cities – by subscribing to our bi-monthly newsletter.

If you’d like to learn more about our services and speak to a specialist in the Newcastle area, don’t hesitate to get in touch with Rachel // rachelmcdermott@c-b-i.co.uk – 07923 234878