€d_Modus Vivendi schreef op 7 juli 2015 11:31:
143,000sq/ft Glasgow office block handed over
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July 7 2015
143,000sq/ft Glasgow office block handed over
BAM Properties has handed over a 143,000sq/ft office block on Glasgow’s Queen Street ahead of its move on site with a 260,000sq/ft project at Atlantic Square.
Built for £50.4m and sold to Deutsche AWM for £70m last year the property includes 20,000sq/ft of ground floor retail space and is 40 per cent let to tenants including Brodies, Deloitte and Grant Thornton.
John Burke, managing director properties, BAM Construct UK, said: “When we purchased the site in 2012 at the height of the recession there were a lot of raised eyebrows, but we believed then what we believe now; Glasgow is a world class city in which to do business and as such requires world class office accommodation.
“Launching a speculative development is a calculated risk at the best of times but fortunately our faith was justified when Brodies LLP signed up to be our first tenant and we were delighted when Deutsche AWM agreed to buy the building last year. “
Connect110ns was part funded by The Scottish Government’s SPRUCE Fund to the tune of £10m.