Commercial Property News

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Wednesday, July 25, 2023

CB Richard Ellis new letting at Hamilton International Park

Leading property consultant, CB Richard Ellis (Scotland), has announced that it has successfully let the Vantage Point building in Hamilton International Park to Field Packaging Group.

In one of the biggest recent lettings in the area, the deal sees Field Packaging Group occupying 60,343 sq ft of Kenmore's Vantage Point building and paying an initial rental of £256,500 for a period of ten years.

Jamie Cumming of CB Richard Ellis (Scotland), who acted on behalf of Kenmore, commented: "We are delighted to announce this deal for our client. Field Packaging Group is a very highly-regarded company and is exactly the kind of tenant that Kenmore hoped to attract. Hamilton International Park will provide an ideal location for them to grow their business."

Following the conclusion of the Vantage Point deal, CB Richard Ellis' presence at Hamilton International Park continues following the confirmation of two new letting instructions.

Jamie Cumming continued: "We have now also been instructed to handle the disposal of Vista Point on behalf of Buccleuch Property, and 1 Watt Place on behalf of Spirent Communications. The properties are 50,000 sq ft and 30,000 sq ft respectively and both offer modern warehouse / manufacturing accommodation in a strategic and much sought after industrial location."

Please note that CB Richard Ellis and King Sturge acted on behalf of Kenmore. Atisreal acted for Field Packaging Group.