Fusion Assets is delighted to announce that DX Network Services have leased the first building constructed at Gartcosh Industrial Park in North Lanarkshire for a new regional distribution facility. The 18,000 sqft unit was built by Gartcosh Estates LLP, a joint venture between Fusion Assets and J Smart & Co and represents the first phase of development, with a further five standalone industrial units currently planned for the site, totalling some 110,000 sqft.
Gartcosh Estates LLP were represented by Colliers International and Anderson Strathern in the negotiations to lease the unit to DX Network Services.
Prior to appointing J Smart & Co as their development partner and forming Gartcosh Estates LLP, Fusion Assets purchased the 9 acre site from Scottish Enterprise and carried out a package of enabling works with a grant from the North Lanarkshire Vacant and Derelict Land Programme which is funded by the Scottish Government.
