Increase in demand for space at Thainstone Business Park, Aberdeenshire Image

Increase in demand for space at Thainstone Business Park, Aberdeenshire

21 March 2024

Increase in demand for space at Thainstone Business Park, Aberdeenshire

21 March 2024

Thainstone Business Park in Aberdeenshire has announced a sharp increase in demand which has seen a range of businesses join the ranks in recent months.

The leading North East business hub owned by ANM Group and marketed by joint agents Ryden and CBRE, has welcomed new local, national and international businesses to the area, including recent addition specialist advanced NDT inspection company Matrix Inspection Services.

The company has just taken on a new five-year lease on a 2,500 sq. ft. new build unit which will consolidate its presence and underpin future growth.

The new base for Matrix is part of a scheme of modern, high specification industrial units immediately available with broad appeal to potential occupiers including energy, storage and distribution, and trade counter operations. CBRE and Ryden report that strong interest continues in the 1,500 to 2,500 sq. ft. premises with wider design and build and purchase opportunities also available at the 65-acre Park.

Meanwhile, brisk demand for office space at Thainstone has seen ANM Group’s Axis Centre reach capacity following the recent letting of four units of office space through agents CBRE to oil and gas, engineering and logistics service companies.

Commenting on recent activity at Thainstone Business Park and Thainstone Axis Centre, ANM Group Executive Avril McLeod said:

“We are delighted to welcome our new tenants. The decision made by them to relocate to Thainstone reflects our attractive proposition of prime location and ability to provide modern high spec premises for businesses. This further underlines Thainstone’s strong position as a regional centre for business as we continue to attract interest from throughout the region and beyond.”

CBRE Associate Director Amy Tyler added:

“The local market demonstrates that there is good demand for new build and high-quality business units such as those available at Thainstone. The appeal of these units is enhanced due to their suitability for a variety of uses and the fact that ingoing occupiers may be eligible for 100% rates relief for the first 12 months of occupation which is a huge advantage.”

Ryden Industrial Agency Partner Paul Richardson also commented: 

“There's no denying that the industrial market in the North East has had its fair share of challenges, but we are currently witnessing an encouraging shift towards stability, particularly in terms of demand for good quality space.

"The buildings at Thainstone Business Park are perfectly positioned to meet these requirements and are certainly an attractive proposition for a wide range of tenants."

For further information on the space available at Thainstone Business Park please contact Paul Richardson or Daniel Stalker