MEPC has secured one of Scotland’s biggest industrial lettings at Hillington Park in Glasgow.
The developer has agreed a 10-year lease with logistics company Benchmark Promotional Support Services which is taking 180,000 sq ft (16,720 sq m) of space at the park. MEPC has 9m sq ft (836,000 sq m) of business space under management.
Benchmark is relocating from the former Shanks Sanitaryware works in Barrhead. It will occupy space previously let to Taiwanese computer assembly company Inventec which is relocating to the Czech Republic.
MEPC manages assets of almost £1 billion and has 1.8m sq ft (167,225 sq m) of space at Hillington Park. GVA Grimley acted for MEPC.
MEPC Hillington Park’s asset manager Andrew Kerr, said: ‘With Inventec relocating their assembly factory to the Czech Republic, it is a sign of the times that the manufacturing industry in Scotland is being replaced by the service sector.’