Northern Trust (www.northerntrust.co.uk) is delighted to announce its third recent acquisition in Scotland. Northern Trust has acquired 150,106 sq ft at Westfield North Courtyard in Cumbernauld. This acquisition comes on the back of the company’s latest announcements of their other purchases of Excelsior Park in Wishaw, Motherwell and Lochside Court in Dumfries.
Westfield North is located within the popular Westfield Industrial area, accessed from Junction 3 of the M73 the estate provides excellent links to the wider region. The modern multi-let industrial estate comprises 22 units arranged over five blocks around two central courtyard areas.
Westfield North Acquisition
Tom Parkinson, Director at Northern Trust commented “This acquisition is part of an on-going strategy to acquire/develop multi-let industrial assets that will form the core of a long-term portfolio holding in Scotland. Over recent weeks we have already added over 280,000 sq ft to our Scottish portfolio, and we continue to look for further opportunities. We are particularly interested in locations within central Scotland, close to major conurbations and the motorway networks and our aim is to provide a high quality industrial and office product suitable to both SMEs and larger companies.
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