Moorfield, the UK real estate private equity fund manager acting on behalf of Moorfield Real Estate Fund IV (MREF IV), and Highbridge Properties, the UK commercial developer, have completed the sale of the Zeta building, a 125,912 sq ft office on Cobalt Park, the UK’s largest business park, in Newcastle upon Tyne, for £25m, CoStar News can reveal.
Exclusive: Moorfield/Highbridge sell Sage 125,000 sq ft Newcastle HQ
New York private equity group buys building which FTSE 100 Sage is set to move to as part of the largest letting seen in the North East office market
By Paul Norman
CoStar News
March 24, 2020 | 7:34 AM
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IN THIS ARTICLE
- Properties
- C23, 5&6
Cobalt Park Way, Wallsend, TWR