CB Richard Ellis announces trio of deals over 70,000 ft² at Union Plaza, Aberdeen
On behalf of Stewart Milne Developments, leading property consultant, CB Richard Ellis (Scotland), has announced the completion of a hat-trick of deals at Union Plaza, Aberdeen. The first deal at Union Plaza comprises the letting of the entire sixth floor plus the south wing of the fifth floor (26868 ft²) to commercial law firm, Paull & Williamsons, at a rent of £23.50 per ft². The second deal completed by CB Richard Ellis is with oil technology company, AGR Peak Group, has also taken space within the stunning building. AGR will be taking the 3rd floor (17896 ft²) at £23.50 per ft.² To complete the hat-trick, the north wing of the fifth floor plus the whole of the fourth floor has been let. Union Plaza is a landmark development of Grade A offices situated in central Aberdeen. The development is centered around an attractive landscaped open courtyard and has excellent facilities as well as ample private secure parking. Mike Robertson, Managing Director of CBRE in Aberdeen commented: “Union Plaza is highly flexible, giving occupiers great options for expansion. This flexibility, combined with the attractive setting and high specification, will set a new benchmark for office development in Aberdeen. We have other space within the building under offer at present and we only have around 35000 sq ft remaining out of 122,000 sq ft yet we are still several weeks away from completion of the building.” Malcolm Deans, Managing Director, Stewart Milne Developments said: “We are delighted with the progress of the development both in terms of the construction programme and the excellent level of lettings achieved to date. The level of interest being expressed in the remaining space is certainly encouraging and we are now actively seeking other similar opportunities in Aberdeen to satisfy the current high levels of occupier demand.” |
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Stewart Milne Developments completes £36m sale in Aberdeen
Stewart Milne Developments has completed the sale of its Acergy Development in Westhill, Aberdeen to a commercial property fund managed by real estate investment managers PRUPIM for £36 million.
February 2010
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CB Richard Ellis announces trio of deals over 70,000 ft² at Union Plaza, Aberdeen
On behalf of Stewart Milne Developments, leading property consultant, CB Richard Ellis (Scotland), has announced the completion of a hat-trick of deals at Union Plaza, Aberdeen.
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Stewart Milne completes new campus for Acergy
Stewart Milne Construction has completed work on a 17.5 acre development at Westhill Business Park, Aberdeen, creating a new campus for major seabed-to-surface engineering and construction contractor, Acergy UK Limited.
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Stewart Milne Developments embarks on new Aberdeen business park
The first phase of a brand new business park for the Aberdeen area has been launched by Stewart Milne Developments. Axcess Business Park on the outskirts of the city is a 36 acre site with planning consent for Class Four office use which, when complete, will represent the biggest park of its type in the area.
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Red Spider Technology
Work on a purpose-built facility for Red Spider Technology Limited which started at Westhill in September 2007 was completed in August 2008 and has been let to the company on a 15 year lease.
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Forres at heart of multi-million pound town centre expansion
Property and Development specialists, Redco Milne today launched their proposal for a retail led, mixed use scheme set in the town centre of Forres,
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Stewart Milne to find solution for Triple Kirks
Stewart Milne Developments, part of the Stewart Milne Group, have acquired the historic site at Triple Kirks in Aberdeen from Esson Properties, the Aberdeen based property development and investment company.
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Stewart Forsyth joins Stewart Milne
Stewart joined Stewart Milne Developments in February 2008 as a development manager with the remit to manage the existing projects in Aberdeen, Portlethen and Wigan whilst also bringing in new investment and development projects.
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Stuart Fyvie joins Stewart Milne
Stuart joined Stewart Milne Developments in January 2008 from private practice, specialising in Client-side construction project management.
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Trencherfield Mill
Developers Stewart Milne are confident Wigan's economy will receive a boost when the first commercial units are let at their landmark development in the heart of the town.