7 March 2017
Wood Group is the latest occupier to commit to Abstracts’ St Vincent Plaza office scheme in Glasgow; joining confirmed tenants including KPMG, Whyte and Mackay, Mott MacDonald and Registers Of Scotland at the building, which was completed in late 2015.
Wood Group’s clean energy business, SgurrEnergy, will occupy the second floor of the development comprising 17,249 sq ft from March 2017 on a long-term lease.
St Vincent Plaza is a speculative ‘Grade A’ office development of 172,280 sq ft arranged on lower ground, ground and 10 upper floors. The building occupies a prominent position in Glasgow city centre and has been designed to support highly efficient day one occupancy levels.
With a BREEAM ‘Excellent’ environmental accreditation, the development provides the most cost effective new build city centre office accommodation anywhere in the UK.
Mark Glatman, Chief Executive of Abstract, commented: “We are delighted to welcome Wood Group to St Vincent Plaza so soon after announcing the letting to Mott MacDonald. They are a perfect fit in our existing tenant line up and are precisely the type of occupier we had in mind during the design stage of the development who will benefit from our good base build specification, strong environmental credentials and uncompromising value. The building is now 75% let.’’
Christopher McPherson, Development Director of Abstract said, “ “Interest levels in the remaining space at St Vincent Plaza remain strong and we are down to our last three floors including arguably the best office floor on the market in the City on our 7th level where the views are fantastic.’’
Joint agents for St Vincent Plaza are CBRE and Ryden.
GVA acted for Wood Group.
For more information visit www.stvincentplaza.com
Image shows: St Vincent Plaza
Notes to Editor:
The Abstract Group of Companies was established in April 2000 by Mark Glatman. The management team at Abstract brings together combined experience of over 7 million sq ft of business space development across the UK and Europe. The team is highly experienced at working directly with major property owners and corporate end users, handling all aspects of their property requirements. www.abstractsecurities.com