News

Office Investment Acquired for Local PR Firm O Communications

Johnson Tucker have helped local communications agency O Communications find excellent new office premises in Newcastle upon Tyne.

Newcastle communications agency O Communications has moved to new headquarters as part of an £650,000 investment programme that has also created new jobs.

The company, whose clients includes Flymo, Goldsmiths and Parkdean Resorts, was previously located in Ouseburn and has bought a 4,000 sq ft office space in Sandyford to provide room for growth.

Richmond House in Old Brewery Court will feature a digital studio for creative content design, photography and videography as well as a large client services department for its growing team.

The property, which dates back to 1831, has three floors. The company’s refurbishment plans include a ground floor space for collaborative working and to host O’s regular Ocademy events on the latest trends in marketing.

At the same time, the company has been recruiting for new roles in content marketing, social media and SEO along with account management and graduate talent in recent months.

Founder and managing director Kari Owers said: “During 2017 we began our investment programme with a focus on digital and social media experts. However, in the background we have been looking for somewhere to expand the business for some time and are delighted to have completed the deal at Old Brewery Court.

“The historic building has fantastic character which we will preserve, and we are excited to begin a ground floor refurbishment while the team expands into the upstairs client services and studio spaces. As well as the obvious room for further growth and providing a creative environment to work close to the city, the fact that it’s on the site of an old brewery appealed to us too.”

The property was purchased by Daniel Capobasso, Partner at Johnson Tucker LLP, with finance from Lloyds Bank. Existing tenants Paul Windle Design will remain in one of the ground floor units.

Daniel said: “I thoroughly enjoyed working with Robin and Kari Owers on this project and wish them and their team all the very best of luck for the future”

O was founded in 2005 and has won more than 50 industry awards.

Mrs Owers said: “We are proud to be based in the North East and be working with many of this region’s best businesses as well as increasingly national brands outside the region that want to connect with customers across the UK.

“This investment is really putting down roots for the future and we are excited to have the space to continue our growth into 2018 and beyond.”

Johnson Tucker continue to acquire similar property investments and properties for owner occupiers. If you are looking for advice on finding a similar building or would like Jonhson Tucker to sell your property, please feel free to contact Daniel Capobasso on 0191 269 7897 or email danielc@johnsontucker.co.uk.