Knight Property Group has acquired a six-acre development site at Hillington Park in Glasgow for a speculative industrial development.
Done deal: 55 Carnegie Road, Hillington, Glasgow
The site at 55 Carnegie Road, formerly occupied by a Jewson depot, was acquired for an undisclosed sum.
The new scheme will deliver approximately 130,000 sq ft of high-specification industrial accommodation, offering flexible build-to-suit opportunities, subject to planning.
Units will be available to let and will be suitable for logistics, storage, manufacturing, parcel delivery and large trade operators.
Hillington Park is home to more than 500 national and local businesses and supports more than 8,000 employees, with nearby occupiers including Arnold Clark, Graham Plumbers Merchant and Sweeney Kincaid.
“Hillington Park is widely recognised as Scotland’s premier industrial and business location and we are delighted to have secured this outstanding six-acre site. Demand for high-quality, strategically located industrial space across Glasgow and the central belt remains extremely strong,” said James Barrack Jnr, director of Knight Property Group.
Gregor Harvie, partner of joint agent Ryden, added: “Opportunities of this scale and quality within Hillington Park are increasingly rare. With immediate access to the M8 and exceptional public transport links, the site is ideally suited to logistics, trade counter and manufacturing occupiers seeking a highly prominent and connected base in Glasgow. We anticipate strong levels of interest.”
Graham + Sibbald and Ryden are joint agents for the scheme.
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