In what is the biggest out-of-town business park letting in the West of Scotland in the last 12 months, Balfour Beatty has taken 43,600 sq ft at Maxim Office Park at Eurocentral on a 10-year lease.
Joint agents Ryden and Cushman & Wakefield represented Maxim Office Park in the deal, whilst CBRE acted for Balfour Beatty.
The construction and infrastructure group is consolidating seven of its existing Scottish offices into one regional centre at Maxim 7. Fit-out works have recently completed at the building and staff are currently taking occupation. The move is aimed at bringing Balfour Beatty’s business units together, enhancing collaborative working and significantly reducing the cost of the firm’s Scottish office footprint.
Maxim 7 occupies a prime location on the south side of the long, landscaped boulevard in the park. The office has dramatic entranceways, a sky-lit atrium and quiet outdoor courtyards and seating spaces for the firm’s staff and guests. Balfour Beatty joins occupiers such as SEPA, TC BioPharm, Digital Healthcare and Proact UK at the park.
Ewan Cameron, partner at Ryden and joint agent at Maxim Office Park, commented: “Balfour Beatty is an internationally renowned construction organisation and our client is delighted that the firm has chosen to consolidate its operations at Maxim Office Park. Maxim provides contemporary, adaptable and environmentally friendly office space in a fantastic Central Belt location right next to the new upgraded M8. There is also a great range of on-site amenities across the extensive parkland for its staff to take advantage of.”
He added: “Over 1,200 employees from more than 25 companies are located at Maxim and we look forward to securing new tenants and seeing this number grow. A wide range of office space remain available to let from suites of 1,000 sq ft to one of the UK’s largest buildings at 187,000 sq ft.”
Craig Ritchie, asset manager at Maxim Office Park, said: “Now it is open, the upgraded M8 is having a major positive impact on the business along the motorway corridor and beyond, cutting up to 20 mins off the Glasgow to Edinburgh journey. The excellent accessibility the central Scotland road network provides, and the public transport offering at Maxim – the park is serviced by over 130 buses a day – is making the decision to relocate to Maxim easy for businesses.”