Knight Property Group has acquired a six-acre development site at 55 Carnegie Road in Hillington Park, Glasgow, for an undisclosed price.
The site, formerly occupied by a Jewson depot, is set to be transformed, subject to planning, into a prime 130,000 sq ft new build industrial development. Units will be available to let and will be suitable for logistics, storage, manufacturing, parcel delivery and large trade operators.
James Barrack Jnr, director of Knight Property Group, said: “We have a proven track-record in delivering high quality speculative industrial developments across Scotland, and securing this six-acre site at Hillington Park represents another key milestone for the business. 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. This development will deliver best-in-class accommodation capable of meeting modern occupier requirements, with flexibility for build-to-suit solutions up to 130,000 sq ft, subject to planning.”
Gregor Harvie, partner at Ryden, joint agent at the scheme alongside Graham & Sibbald, 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.”
