Malcolm’s lockdown deal is top of the Scots
Scotland’s largest lockdown industrial deal has been struck at Westway Park in Renfrew.
Linwood’s Malcolm Group has agreed terms for 67,000 sq ft of warehouse space at the business park for short- term storage requirements.
Iain Davidson, of joint agent Colliers International, said: “Malcolm has a long history with Westway and was attracted by the quality of space, as well as the great location and flexibility.
“The space requirement was time-sensitive and we were able to conclude the deal within six days of viewing.”
The deal represents the largest lockdown industrial deal to be done in Scotland so far.
Norman Pollock, of Pollock Property Advisors, who represented Malcolm, said: “Malcolm had an immediate need for storage space in a secure and well-connected location.
“Westway was quickly able to provide the perfect space solution, less than three miles from Malcolm’s headquarters at Linwood.”
Westway is located in the heart of the Glasgow Airport Investment area, which is one of the key City Deal projects that will benefit from £39.1m of inward investment over the next ten years.
This will deliver significant infrastructure investment to the area including a new twolane bridge over the White Cart, directly linking Westway with the investment area and airport.
Other key occupiers at Westway include Doosan Babcock, AMG Group, JW Filshill, Malin Fabrication, the NHS and Strathclyde University.
Westway joint agents are Colliers International and JLL. The Malcolm Group was represented by Pollock Property Advisors.