Jubilee court: One of themost significant industrial investments in the last decade
THE first speculative
industrial development
at Hillington Estate in decades is now 50% let. In the perfect finish to one of the four buildings in the #4.5m scheme, a Finnish engineering company has leased an entire property.
Wartsila NSD UK Ltd is expanding its presence in Scotland, as well as relocating its current Glasgow staff into Jubilee Court at Hillington. Around 60 staff will operate from the new building, servicing local shipyards and power generation plants.
The largest of the four buildings at Jubilee Court was pre-let by owners Caledonian Land to Sports Connection for its new headquarters. The company moved in last January.
Two other buildings remain available and are creating considerable interest, according to agents Richard Ellis and James Barr.
Wartsila has taken the 22,500sq ft Building 4 at Jubilee Court. The two-storey building offers open plan office space and a spacious yard. The premises have been leased for 15 years at #5 per sq ft.
Wartsila, a company with global engineering interests, was represented in the deal by Fuller Peiser.
Caledonian Land owns Hillington Estate and is a subsidiary of London-based property company MEPC.
Construction on Jubilee Court started a year ago. Keith Pringle, managing director of Caledonian Land, said: ''We are confident that Jubilee Court will be fully occupied in a short space of time. That will give us the incentive for further development at Hillington.''
Jubilee Court is one of Scotland's most significant industrial investments of the last ten years, outwith the enterprise zones.
Caledonian Land is in negotiation with both Renfrewshire Enterprise and Glasgow Development Agency on a new masterplan for the whole estate.
The aim is to bring it up to date by creating new arterial routes and better connections with the M8. Hillington will also get a clearer visual identity from the motorway.
The plans include considerable development of new factory industrial space as well as warehouse and office accommodation.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article