Gladman Developments have confirmed it has let a further 15,000 sq ft of business park office space at Arnhall Business Park in Aberdeen.

Abermed, Annixter, Kongsberg Maritime and RigNet have all agreed leases at Abercrombie Court in Westhill of between five to 15 years for units ranging from 2200-5250 sq ft. Rents achieved were between £17.50 and £18.50 per sq ft.

The company have also sold Unit 5 – a 5200 sq ft unit leased to NCS Survey - to a private investor for a price of £985,000.

This follows the successful leasing of 10,000 sq ft of office space to three companies and the investment sale of units 17 and 18 at the start of the year.

The recent deals underline the strong demand for Gladman’s high quality office accommodation and means 10 out of 19 units are now occupied while four have been sold to investors or the occupier.

Property consultants FG Burnett and James Barr advised Gladman Developments on the deals.

FG Burnett director, David MacLeod, said: “The quality of the Gladman product speaks for itself and we are continuing to see strong demand from occupiers for office space at Abercrombie Court.

“To have achieved so many deals within a few months of the official opening of  Abercrombie Court is no mean feat and we are confident we will achieve full occupancy reasonably soon.

“The sale of a fourth unit to an investor demonstrates that the property is priced correctly and private investors are attracted to Westhill as a premier office location and in particular the Gladman development. There is cash out there for the right opportunities ”

Gladman development manager, Susan Pegg, said: “Abercrombie Court is one of our best performing assets and it is encouraging that the development continues to attract both occupiers and investors.”

Abercrombie Court comprises of 78,500 sq ft of purpose-built, high specification office space in a range of units, including 1027 sq ft, 2212 sq ft and 5203 sq ft, as well as a headquarters building of 25,500 sq ft, ensuring the development can cater for all sizes and types of organisation.

Arnhall Business Park is now firmly established as one of the fastest growing business parks in Scotland and is a successful, well known and accessible office and business location.  It is the headquarters for leading oil and gas sector companies Acergy, Subsea 7 and the Abu Dhabi National Energy Corporation (TAQA).  Other occupiers include Tesco, Costco, Premier Travel Inn and a new medical centre. 


 

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