1.2m sq/ft satellite business park launched in Glasgow
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October 7 2016
Magenta will offer 1.3m sq/ft of Grade A accommodation on 27 acres of land bounded by the River Clyde and M74 motorway and is development ready following an investment of £20m in public realm and infrastructure works.
This will seek to lure businesses from the city centre by offering rental rates up to 37 per cent lower than space of a similar spec with the offer of purpose built accommodation for individual organisations to meet their exact requirements.
Adrian Hill, director of Highbridge Properties said: “When I first saw this site it reminded me of London Docklands in the early years – so much potential and so close to the city centre. Magenta is a very compelling option for businesses, boasting superb connectivity, infrastructure and value for money.
“The location is first class – a stunning riverside development that’s just ten minutes from the city centre, 15 minutes from Glasgow Airport, two minutes from the M74, and with ample parking available on site.“
An architect has still to be appointed for the scheme which will include supporting services such as shops, cafes, a gym and business centre as well as headquarters office space for BRE.
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