A global software and IT services provider has signed a lease at Darlington’s Lingfield Point business park.
Tata Consultancy Services (TCS) will occupy 8,000 sq ft in the Studios building from January 2024.
As part of conglomerate TATA, India’s largest multinational business group, TCS has more than 500,000 consultants in 46 countries.
Providing more than 1.2million sq ft of commercial floorspace, Lingfield Point is already home to prominent organisations including DWP, NHS, Student Loans Company and Capita.
In 2018, the 86-acre estate was acquired by real estate investment manager Frogmore which has completed more than £1.5m of new lettings and lease renewals in 2023.
Tandem Property Asset Management was appointed by Frogmore in 2022 to manage Lingfield Point.
Adam Hall, partner at Tandem, said: “We are delighted to welcome Tata Consultancy Services to Lingfield Point. We are genuinely excited to work with TCS to deliver high quality office accommodation for their new team to work from and we believe this further reinforces Lingfield Point as the premier business location in Darlington.”
John Matthews, director of asset management at Frogmore, added: “Over the past five years we have worked hard to establish a vibrant workplace community at Lingfield Point, with regular onsite events and a real focus on health and wellbeing. Following the recent launch of our ESG strategy, we are working towards a Net Zero future, with wide ranging investment across the estate. It is fantastic news that TCS is joining us in January and will be part of this journey.”
Joint letting agents Knight Frank and Connect Property North East acted on behalf of Frogmore.