| Property: | Moorpark Central, Glasgow 3,809 sq m new warehousing and office property |
| Client: | Silverbank Development Company |
- Advised on three phases of commercial development in Govan.
- Let 1,404 sq m to CCL Limited and 1,215 sq m to Second Site Property Holdings Ltd.
- Sold Phase 1 of the development to CBRE Investors.
- Sold Unit 1 of Moorpark Court, a 552 sq m office pavilion, to Galen Properties Ltd.
- Pre-let a purpose built 3,252 sq m distribution depot to SIG Trading Ltd.
| Property: | New Houstoun Business Park, Livingston 6.66 hectare prime development site |
| Client: | SCOT Sheridan Developments |
- Acquired the site on behalf of SCOT Sheridan.
- Advised on the planning and mix of the overall development and the speculative development of the 4,181 sq m Phase 1.
- Pre-let 80% of Phase 1 to tenants including HSS, Cupa and Tile-It-All and pre-sold the investment to T3 Unit Trust (Capital and Regional) for c. £5.2 million.
- Advised on the speculative funding of Phase 2 and the development options for Phase 3.
| Property: | VIGO 250, Birtley Road, Washington 22,924 sq m warehouse property |
| Client: | ING Real Estate Investment Trust |
- Advised on the acquisition of the warehouse purchased for £12.85 million reflecting a net initial yield of 6.25%, the North East’s biggest industrial development deal in five years.
- Originally acquired the vacant former LG Electronics Factory for Birtley Road Properties in May 2005.
- Managed the £1 million refurbishment programme for the vendor when they originally purchased the property.
