Tulchan Developments has announced the launch of a new ‘build to suit’ logistics development at Eurocentral.
Orchard Park is a 40 acre site that can deliver up to 400,000 sq ft of stock in the prime logistics location serving Scotland.
Gavin Robertson of Tulchan, said: “We are delighted to be bringing this opportunity forward. Orchard Park will offer sites capable of accommodating units with generous yards and car parking from 42,500 sq ft up to 225,000 sq ft.”
Eurocentral has over 1.5m sq ft of logistics space with occupiers including Lidl, Hermes, Amazon, XPO, NHS and Brewdog. Whilst the developer is not planning to build speculatively, it will be able to react quickly to the inevitable “build to suit” market which is being fuelled by the current lack of available stock. Montagu Evans and Colliers have been employed to market the opportunity.
Bryce Stewart, Partner at Montagu Evans, commented. "This is a much welcomed announcement which will deliver serviced land in a prime location”
Iain Davidson, Director at Colliers, went on to say. "We are seeing unprecedented demand for industrial and logistics properties. Coupled with record low levels of existing supply, “build to suit” is becoming a more prevalent feature of the market and we are delighted that Orchard Park will be able to satisfy this demand.”
Robertson continued. “Occupier requirements are at a high level and many have to accommodate specific operational requirements which can only be met by a ‘build to suit’ solution. Working with our joint venture partners, this is what we are focused on. The site already has planning permission and basic infrastructure is in place to allow a quick response to occupiers."
David Young and Gavin Robertson, the Directors of Glasgow based Tulchan Developments, have worked in partnership over a number of years delivering major warehousing and logistics projects throughout Scotland.
Completed projects by the team behind Orchard Park include the land sale to Tesco for their 750,000 sq ft distribution hub at Livingston on the M8, 40,000 sq ft for Geopost / DPD at Newbridge in Edinburgh, 70,000 sq ft for DPD at Eurocentral M8 and the regional distribution facility for Co-op at Inverness Airport Business Park.
Tulchan are also in the process of delivering a new bespoke warehousing facility of 47,000 sq ft for a major occupier customer in the West of Scotland.