Five down two to go for the Arc

Against the trend in Scotland's marketplace, MEPC has been successful in securing five lettings in the past six months of its distinctive office accommodation at The Arc at Hillington Park. There are now only two units remaining available in the seven-unit development off Colquhoun Avenue.

MEPC have just let Unit 6 at The Arc to FES FM Ltd (part of the Forth Electrical Services group) on a five-year term, having also let Unit 5 to Ceridian for additional meeting room space in conjunction with their existing lease on Unit 4. With independent financial advisers Positive Solutions in Unit 1, and engineering recruitment specialists NES UK Ltd shortly to take occupation in Unit 7, that means that only Units 2 and 3 are available to let at the present time."

"This is a good effort in a difficult office-letting market," said Grant Edmondson, managing director of MEPC Hillington Park. "FES FM is a good coup for us as they are based out of Stirling and needed space in the Glasgow area to service their growing contract base west of city.

"The fact that we had already fitted out Unit 6 was undoubtedly the key in enabling FES FM to move in and start operating very quickly - as well as saving them the upfront cost of procuring the fit-out themselves. This was also a determining factor for NES deciding to take Unit 7, so we are now going to fit out Unit 2 in same way.

"We believe that MEPC’s proactive action in this regard, plus our new flexible leasing policy, is giving us a head start on the competition."

Ian Maitland, Managing Director of FES FM, added: "The Arc provided FES FM Ltd with a solution that met the needs of the business in terms of a strategic and commercial fit that supports our continuing growth in the UK. We would like to thank MEPC for their flexible and supportive approach in concluding this deal in the short timescale we required."