Tuesday, 30 March 2010

Arc Sparks into Letting Life

Three of the seven units at The Arc at Hillington Park have been let this year, sparking expectations at developers MEPC that the local office property market may be starting to move again.

The Arc is a distinctive development of self-contained single-storey office units in an attractive semi-circular arrangement off Colquhoun Avenue in the eastern sector of Hillington Park.

First to move in, to 352 sq metres (3,789 sq feet) in Unit 4, the largest in the crescent terrace, was Ceridian, a major existing occupier at the estate which already has 25,000 sq feet of accommodation at nearby Centura Court, but required overflow capacity on a short-term basis. They have been accommodated through MEPC’s innovative ‘Greenlite’ leasing package, which offers occupiers a simple and flexible way to take office space.

Next to arrive were Positive Solutions Ltd, the UK’s largest association of independent financial advisers, relocating within the estate to take occupation of Unit 1 The Arc, with 226 sq metres (2,433 sq feet) of space. Like all the office suites at The Arc, Positive Solutions has its own front door and dedicated parking in an attractive landscaped environment with a strong community feel about it. Inside, there is a large ‘hot-desking’ office at the back, with client interview rooms at the front and a vital training room to help advisers keep up-to-date with the industry’s regulatory standards.

Training and Competence Supervisor Ross Duguid said: "This heralds a new era for the 100 or so advisers in Glasgow and the west of Scotland who are partners in Positive Solutions."

The latest arrival, technical and engineering recruitment specialist NES UK Ltd, has also taken the opportunity to relocate its Glasgow office from Paisley, and to upgrade the working environment for its staff and clients. NES will occupy Unit 7, the other end-of-terrace suite, which is the same size as, though a ‘mirror image’ of Unit 1.

Grant Edmondson, managing director of MEPC Hillington Park, said: "It’s been a good start of the year for us at The Arc, and it’s clear that these new occupiers, already in the area, are looking for a better standard of space. We are hopeful that an improved economic environment will bring further interest throughout the year, because it’s an outstanding development for smaller organisations with bigger ambitions."

ENDS

Further information: Mike Stanger, G41forPR, 0141 423 6595

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