Polaroid has snapped up Fisher House in Bath Street, Glasgow, for a new European administrative headquarters in the biggest new office deal in the city this year.
The camera and film manufacturer has taken the 2,326 sq m (25,042 sq ft) building on a 25-year lease at £150 per sq m (£14 per sq ft). The tenant has a break option after 15 years.
Polaroid, which has occupied offices thoughout Scotland for more than 30 years, is restructuring its European operation. The company’s manufacturing facility is in Dumbarton, Strathclyde.
Hillier Parker and DTZ Debenham Thorpe advised the landlord, Murray & Clydesdale Developments. Polaroid was represented by King Sturge & Co.
EGi News 10/12/96
