Refurbished logistics centre finds tenants
Four new tenants are set to move to Baillieston distribution centre, Glasgow, following the completion of extensive refurbishment works at the estate, letting agent Colliers International has announced.
Glasgow-headquartered McLellans Transport Company Limited moves to Units 27 and 28 on a three-year lease, on an annual rent of £37,000 (£3.49 per sq ft).
J&J Pont Packaging, a supplier of packaging for the cosmetic, pharmaceutical, food, drink and industrial sectors, has taken a three-year lease on Unit 26 at a rent of £3.75 per sq ft (£19,700 per annum).
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A five-year lease has been agreed with Eastgate Credit for unit 25, a 5,276 sq ft property, on an annual rent of £21,000 (£3.98 per sq ft).
Blue Exhibition Services is moving to unit 11 (one of the few remaining units not refurbished), a 2,894 sq ft unit, on a two-year contract and annual rent of £9,000 (£3.11 per sq ft).
Colin McManus, associate director of Colliers International, said: “We have seen a real upturn in interest, following an extensive £250,000 refurbishment programme.”
