AMG Group moves in
Big industrial deal unveiled for Westway Park
New owner: Canmoor has signed up firs tenant
Canmoor, the new owner of Westway Park in Renfrew, has announced one of the biggest industrial transactions in Scotland for more than a year.
It acquired the estate for £40 million from the administrator and it first occupier will be AMG Group which will build a 113,000 sq ft distribution centre. AMG has agreed a 10-year lease, with a five-year break option.
Tom White, director at Canmoor, said: “This is a major deal and we are delighted that AMG has chosen Westway for its expansion plans and new distribution centre.
“We are committed to investing in the future of Westway by providing occupiers with the right product and terms to meet their needs.”
Bernie McGown, HR & operations director at AMG, said: “To rise to the challenges of a consolidated distribution centre, we have increased the Westway Park team to 41 dedicated members.
“This means we can despatch sales orders in consolidated batches, allowing us to provide first-class service to all of our customers, domestic and international alike.”
The new centre will enable AMG to combine operations into one centre, replacing two existing sites in the west of Scotland and a third party operation in the Midlands.
The centre will focus on inbound & outbound logistics and will enable AMG to consolidate orders and despatch them from one site, resulting in a single consignment being delivered to customers.
AMG currently employ 115 staff. Head office staff will remain in Port Glasgow, where the business has been based for 20 years.
Andrew McCracken, director at joint agent JLL, added: “We continue to see an increased level of activity in the Scottish industrial market, particularly for larger scale distribution units.”