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Monument Mall is a shopping centre in central Newcastle upon Tyne, England. The centre is currently owned by Motcomb Estates, the property investment vehicle of David and Simon Reuben, and was purchased for £37m in April 2021. [1] The Mall opened in 1992 adjacent to the Monument station on the Tyne and Wear Metro.
North British Properties started to build Regent Centre in 1970 and finished in 1981; at completion it was the largest office complex in Europe, covering a total area of 11 acres (4.5 ha). [1] The land is the former site of the Regent Pit of the Coxlodge Colliery .
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
80,900 m 2 (871,000 sq ft) of new and/or improved commercial floor space. 121 buildings, many of them listed properties and classified as 'buildings at risk', restored for use. Grey's Monument repaired and cleaned. 289 flats and apartments completed with many located within the Grainger Street and Clayton Street areas.
Newcastle Building Society had used office space at Cobalt since 2008 [18] before moving out of their previous headquarters in Portland House in Newcastle City Centre in 2021. [15] North Tyneside Council moved their headquarters to Cobalt from Wallsend Town Hall in 2008. [19] Sage Group moved their headquarters from Newcastle Great Park in 2021 ...
The shopping centre occupies an area close to the old town wall, which followed the course of Blackett Street. This means the modern shopping centre is built on either side of where the wall once stood. From a map drawn by Charles Hutton in 1770, it appears that the ancient wall would have run parallel with the south side of Blackett street ...
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