A major new industrial development could deliver more than 200,000 sq ft of space at a key logistics hub.
The proposed scheme, Eurocentral Gateway, has been submitted to North Lanarkshire Council for land at Eurocentral, one of Scotland’s most established distribution parks.
These plans have been drawn up by a joint venture between Manse LLP and J. Smart & Co (Contractors) Plc.
If approved, the scheme would deliver two high-specification industrial buildings of around 80,000 sq ft and 120,000 sq ft, targeting businesses seeking modern, sustainable industrial space.
It comes amid record-low vacancy rates of around 2.5% along the M8 corridor, and a continued shortage of new prime industrial and logistics accommodation across the Central Belt.
Plans have been submitted for 200,000 sq ft of prime industrial & logistics space at Eurocentral (Image: Supplied)
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Craig Semple, director at CBRE Scotland, said: "Eurocentral Gateway represents an exciting opportunity to bring high-quality industrial and logistics space to the market.
"Demand for prime accommodation across Scotland remains very strong, particularly in established locations such as Eurocentral, so this development will be a welcome addition for occupiers seeking modern, sustainable space.
"We are encouraging businesses to engage early and explore the potential for pre-let opportunities."
Plans have been submitted for 200,000 sq ft of prime industrial & logistics space at Eurocentral (Image: Supplied)
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Eurocentral Gateway would be built to the latest industry standards with a focus on operational efficiency and environmental sustainability.
Located between Glasgow and Edinburgh, the proposed site is next to the new Junction 6A of the M8 motorway and the Chapelhall junction of the A8, offering connectivity to major road networks.
Iain Davidson, director in the industrial and logistics team at Colliers, said: "With new supply of premium industrial space in the west of Scotland remaining tight, the development of Eurocentral Gateway with its exceptional connectivity, state-of-the-art specification and sustainability credentials will be a welcome opportunity for the sustained occupier demand we’re seeing in the market.
"The proposed design sets a new benchmark for industrial and logistics space along the M8 corridor, offering potential tenants a best-in-class operational property."
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