Developer seeks partner for 38,000 sq ft logistics scheme in Lanarkshire
Fusion Assets is seeking a joint venture partner to develop a speculative industrial scheme at Condor Park, Eurocentral, North Lanarkshire.
The Eurocentral development outside Glasgow is close to a four-way motorway junction on the M8 and has access to Scotland’s main Eurofreight terminal, providing rail services throughout the UK and Europe.
Infrastructure works have been completed for the site and detailed planning approval has been obtained. The scheme consists of 38,000 sq ft of new build Class 4, 5 and 6 business and industrial floor space.
Colliers International is marketing the development and Iain Davidson, Director of Industrial & Logistics at Colliers International in Glasgow, said: “Condor Park represents an excellent opportunity for developers to tap into a strategically important area, with a joint venture partner that has a clear commitment to making this area of North Lanarkshire a success.
“While Eurocentral has historically focused on ‘big box’ warehousing, a recent smaller unit development has been well received by the market and is now fully let. We, therefore, expect strong tenant demand for the proposed development.”
A number of the units have dedicated yard space.
Fusion Assets was established in 2006 following the closure of the Boots manufacturing plant in Airdrie. Originally a joint venture between Scottish Enterprise and North Lanarkshire Council, the company is now a wholly-owned subsidiary of North Lanarkshire Council and tasked with attracting investment into the area and creating employment opportunities.
