Knight Property Group’s continued investment in speculative development sites in Lanarkshire has boosted economic activity in the local area with all ten units now fully let at the first phase of Langlands Commercial Park.
The remaining space has been let to James Raeburn & Sons, Munro EV and Kukoon Homes who have all agreed five-year leases on the 2,500 sq ft units. Other occupiers are Strachan & Kemp, RGM Vent, Anzada & Co and ETS.
Howard Crawshaw, Managing Director of Knight Property Group said:
“Achieving a full house at what was a speculative development is a great news and we are grateful to all our tenants for placing their trust in us and taking space at the development.
“We completed the speculative development of Phase 4 last year, which was traded to Corney and Barrow and are now close to commencing the construction of the next phase in the coming months, which is a 26,000 sq ft warehouse, scheduled for completion towards the end of this year.”
Gregor Brown of GM Brown said:
“We received positive demand for this development. Achieving full occupancy is a fantastic achievement, which confirms Knight’s belief in this quality development from the outset.”
Langlands Commercial Park is located within the well-established Kelvin South and Langlands industrial areas of East Kilbride, adjacent to Sainsbury’s logistics facility. The site is prominently situated with excellent connectivity to Scotland’s main motorway network serving central Scotland and beyond.
Ryden and GM Brown are joint agents for Knight Property Group at Langlands Commercial Park Phase 1.