Newcastle firm Watson Burton has invested £20m in new premises that will generate 60 new jobs this year.
The 62,000sq ft St James’ Gate office space, which Watson Burton’s equity partners have bought outright, will allow the firm to expand by 40 per cent. The premises will be ready in May. As part of the move, the firm is planning to sell its current Collingwood Street headquarters.
Senior partner Andrew Hoyle said: “This is the biggest move in Watson Burton’s 20-year history. We’ve been in Collingwood Street for more than 40 years and a move has been a long time coming.” He added: “We fully expect to have 300 staff in the building by the end of next year.”