Monday, October 27, 2014

Uptick

As the agents say, "Commercial space is widely available across Glasgow".

So Savills are proceeding very gently with the sale of development land in the wide open spaces of Pacific Quay, now releasing an additional 4 hectares ( the site total is around 52) to the market.

The various plots have planning in principle for 30,000m2 of business space, 1,800m2 of restaurant/leisure, and 1,400m2 for retail.

Savills' David Cobban says "Activity is picking up at Pacific Quay and we are receiving an uptick in interest from developers and occupiers as the economy improves, which has spurred us to launch the latest phase."

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