Lettings help boost City Park prospects
Two lettings at City Park in Glasgow have boosted property consultancy Lambert Smith Hampton’s plans to establish it as a key business location.
LSH has agreed a deal with Exsel IT to more than double the floor space it took when it moved to the Alexandra Place facility in May.
Another existing tenant has removed a break clause in its lease to secure a further five-year term. It now occupies more than 7,500 sq ft of the building.
High-profile businesses at City Park include Aggreko, Dell, Glasgow City Council and Halcrow.
APAM, the landlord, invested £1m refurbishing parts of the 300,000 sq ft building prior to its re-launch in April this year.
William Powell, APAM’s executive director said: “APAM’s strategy for City Park is to invest in the building and create a real business hub and community. We are delighted our plans are coming to fruition as evidenced by these new deals.”