Scotland Industrial & Logistics Snapshot | Spring 2023

Iain has a wealth of experience in the Scottish commercial property market, specialising in Industrial and Logistics real estate. He is in an expert in providing acquisition, disposal, development and general agency advice to a wide range of private and public sector clients ranging from developers, occupiers, institutional investors and private clients. During a career spanning over 20 years, Iain has and continues to be involved in most of  the highest profile industrial property deals in Scotland.

Representative clients and projects include: 

Frasers Property/Oaktree/Patrizia - Appointed in 2015 as Letting agents & development advisors on Scotland's largest and most established business estate, Hillington Park, totalling 2.5m sq ft and benefitting from Scotland’s first and only Simplified Planning Zone.

Canmoor - Leasing and development advice on the 1.6m sq ft Westway Park, Renfrew, Scotland's largest fully enclosed industrial park.

Eurocentral - Advised on various lettings, sales and acquisitions on Scotland's premier distribution park. Brokered deals to a variety of well known organisations, including; NHS, Lidl, DPD, Hermes, Wm Morrison Supermarkets, ACS Clothing, Mentholatum, Nagel Group, SB Components, LumiraDX and DX.

Tritax Symmetry -  550,000 sq ft pre-let to Harper Collins in 2022 at Nova Park, Glasgow; Scotland's largest Industrial pre-let in over a decade.

Prologis - Provision of development and letting agency advice on 1m sq ft prime industrial scheme known as Prologis M8 in Lanarkshire.  504,000 sq ft and 175,000 sq ft pre-lets to the Co-operative and Brakes respectively.

The Co-operative - Successfully secured mandate to dispose of UK wide portfolio of surplus warehouses totalling 3m sq ft. Approx. 1 m sq ft transacted in Scotland.

Logicor - Letting of Scotland's largest ever speculatively built warehouse; 380,000 sq ft at J4M8 to Amazon. Neighbouring 240,000 sq ft building sold to Schuh.

Freescale Semiconductor Inc - Sale and partial leaseback of 800,000 sq ft manufacturing facility in East Kilbride, Glasgow. Subsequent sale of the 31 acre site in 2021 to Copart on behalf of Clowes Developments.

Asda - Sale of 250,000 sq ft distribition warehouse facility in Grangemouth.

St Modwen Properties plc - Provision of acquisition advice for purchase of 32 acre former Rolls Royce facility at Hillington, Glasgow.  Retained to provide Agency advice on 750,000 sq ft estate, rebranded Pegasus Business Park subsequently sold whole site to MEPC. 

Industrial & Logistics property specialist, based in Edinburgh with a focus on the east of Scotland - covering acquisition, disposal, development and general agency advice.

Considerable experience across various other sectors, including disposal and acquisition/re-gear of city centre and business park offices, development land disposals and Scotland wide retail disposals.

Head of Industrial & Logistics Research working closely with the Research & Forecasting team whilst supporting the Industrial and Logistics teams nationally in providing research and advises to clients. Andrea leads on the division’s key research papers which include, but not limited to, the Industrial & Logistics Barometer and the UK Speculative Development Map – both of which have become key benchmark publications highly valued by UK investors and developers alike.

Len has more than 30 years' experience in the commercial property sector. Having started out as a trainee surveyor in 1983 he moved on to set up Jansons in 1990, a niche agency specialising in industrial in North and West London. In 2004/5 the business was voted Industrial Agency of the Year, this being the first ever non West End national practice to have won this prestigious award. In that same year the business transacted in excess of 3.5 million sq ft which accounted for in excess of 50% of the total transactions for the North and West London market.

Since joining Colliers International, as the Head of the UK Logistics and Industrial Department, the objectives are the same as always, to outperform all competitors whilst providing the highest level of service to all our clients. In 2018, the Colliers International UK Industrial & Logistics team completed over 250 deals totalling over 15 million sq ft.