Investors and developers behind The Core Aberdeen business park are to speculatively develop two industrial units on the 100-acre site.
A planning application has been submitted for the units, of 26,000 square feet and 39,000sq ft, in a prominent position at the entrance of The Core, in Bridge of Don.
The business park is being developed by Yorkshire-based Generate Land on behalf of the Mountgrange Real Estate Opportunity Fund.
They aim to provide bespoke office, industrial, workshop, warehouse and leisure facilities to the highest new environmental and energy efficiency standards.
Mountgrange’s bosses set up a fund management vehicle, Clearbell Capital, to identify undervalued opportunities across a number of UK property sectors – and The Core is one of them.
Clearbell partner Nick Berry said: “The majority of developers active in the market are building speculatively to a tried and tested size of circa 15,000sq ft.
“Through our conversations with occupiers we’ve identified a need for stock ranging from 20,000 to 40,000sq ft, which we seek to satisfy with these new buildings.”
He added: “In addition to the two speculative units, The Core offers design and build solutions on a lease or freehold basis as well as serviced land for owner occupation opportunities.
All of the new facilities will meet the exacting standards of building and environment consultant BRE’s environmental assessment scheme and also the UK Government energy performance certificate, delivering estimated power cost savings of up to 50%.
The joint letting agents are Jones Lang LaSalle, Shepherd and FG Burnett.