The arrival of the Treasury campus to Darlington, together with a number of high-profile investments, is generating optimism about the future of the Tees Valley, according to local commercial property experts.
Hagen Developments and Connect Property North East said high enquiry levels suggests that there is appetite for businesses to expand or relocate to Darlington.
Stuart Keegan, senior surveyor at Hagen Developments, said the company has experienced recent activity at its Pioneer Court business park in Darlington.
He said: “Last year was an exciting period for Pioneer Court with the arrival of four new occupiers plus three lease extensions.
“These involved North East-based firms seeking to establish a presence in the Tees Valley or international businesses bringing their global expertise to the region.
“In fact, such is the demand for quality office space that only one unit of 2,352 sq ft remains available for rent, which is very encouraging and reflects the confidence businesses have in Darlington and the wider Tees Valley.”
Tim Carter, director of Connect Property North East, added: “High quality office space is in demand in the Darlington area.
“As we exit the Covid era, businesses realise that they want to get their staff back into the office and are seeking more space combined with a better standard of environment – typified by the need for break out space and leisure areas.
“There is no doubt that the high-profile activity involving the Darlington Economic Campus and Teesside Freeport, together with other high-profile investments, has put the area firmly on the map and underlines the obvious opportunities that are available.”