Highbridge Properties is seeking tenants on a new satellite business district at the former Shawfield development in Clyde Gateway, Glasgow.
The partnership with Clyde Gateway has appointed Cushman & Wakefield and Savills to let Magenta at Clyde Gateway.
The business park will comprise 1.2m sq ft of office space on 27 acres next to the River Clyde and the M74 motorway.
Magenta is the largest office development with planning consent in Scotland and follows Clyde Gateway’s £20m investment into public realm and infrastructure in the area.
Adrian Hill, director of Highbridge Properties, said: “When I first saw this site it reminded me of London Docklands in the early years – so much potential and so close to the city centre. Magenta is a very compelling option for businesses, boasting superb connectivity, infrastructure and value for money.”
Ian Manson, chief executive at Clyde Gateway, said: “This is an extremely exciting time for the Clyde Gateway area and I am delighted to have appointed Highbridge as our commercial development partner – a company with a fantastic track record in delivering high quality business parks.
“Neighbouring the Magenta site, Police Scotland has already seen the massive benefits of locating over 1,000 administrative, finance, and IT staff here and more and more companies are seeing first-hand why this area is such an attractive proposition for investment and the ideal location to do business.”
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