£6 million development completes at Hillington Park
A new £6 million development on one of Scotland’s largest business parks has come onto the commercial property market following successful completion of the construction phase.

Evolution Court, an 85,476 sq ft scheme made up by four separate units ranging in size from 17,728 sq ft to 23,950 sq ft is a joint venture between Oaktree Capital Management and Patrizia ag.

Jamie Cumming, commercial director at Hillington Park said: “Evolution Court is one of the largest speculative warehouse projects in Scotland and we’re delighted it has now come to market within time and within budget. Its location on the Park gives quick and easy access to the motorway network and, for businesses requiring a high profile, it is in easy sight of thousands of vehicles passing along the M8 every day.

These four first class, modern premises are ideal for the manufacturing, logistics and distribution industries and are of a size and design not widely available in Scotland.”

A report by consultants EKOS Limited into the economic impact of the new Evolution Court development showed that overall, the development is anticipated to support 120 full-time jobs and help generate £6.3m annual GVA at the Renfrewshire/Glasgow level, and 150 jobs and £10.9m GVA at the Scottish level.

Located on the side of the Park nearest Glasgow Airport, the new build development is the latest major project by Hillington Park’s majority owners Patrizia UK using the Park’s Simplified Planning Zone (SPZ).

The SPZ is effectively a pre-agreed planning permission, jointly approved by Renfrewshire and Glasgow City Councils, for the entire Park underpinned with a set of simple development parameters.

Hillington Park is located to the west of Glasgow and just two miles from Glasgow Airport and is the base for more than five hundred businesses employing around 8000 people including Balfour Beatty, BMI Healthcare National Enquiry Centre, DB Schenker and Arnold Clark. Later this year Jaguar, Volvo, West Coast-Harley and Ducati will all open new premises on site.

Interested parties are encouraged to contact the Estate Team on 0141 883 5760.

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