Teesside is in a period of dramatic development and reinvention thanks to huge sums of public investment through which it is establishing itself as a player on the world stage, according to Parker Barras founder and director John Taylor.

Middlesbrough agency Parker Barras sits at the top of the Radius On Demand Rankings for 2023 in the two counties which Teesside straddles: in North Yorkshire it let or sold 136,549 sq ft of space across 43 deals, while in County Durham it is out in front in deals numbers, with 15 through which 33,950 sq ft of space was transacted.

Taylor believes developments such as Teesside’s freeport are prompting an unprecedented level of international interest and it will spark a boom in the local supply chain which will have far reaching benefits for commercial property across the entire region.