Reduced Price for Prestige Office

The JournalMay 14, 2008

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Summary


APROMINENT office building in Grey Street in the centre of Newcastle has sold for pounds 6.5m just six months after it was marketed at more than pounds 7m.

Gainsborough House, located half way up one of the city's most prestigious streets, is currently home to accountants Deloitte, law firm Irwin Mitchell and recruitment company Office Angels.

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Reduced Price for Prestige Office

Now owner Legal & General Investment Management has sold the 26,033sqft building to Cushman & Wakefield Investors, six months after marketing the property at the higher price of ...

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