Savills, on behalf of a private investor, has successfully fully let the newly refurbished industrial warehouse, Hub at Hareness (The Hub), in Aberdeen. The industrial warehouse, which is in a prominent position on the established Altens industrial estate, was let to tenants Control Valve Solutions and Wenaas Workwear.
Control Valve Solutions, a provider of control valves and related products for the oil and gas industry, will occupy units two, three and four taking a total of 20,986 sq ft (1,950 sq m) for a period of 10 years. This was the largest industrial deal in Aberdeen in Q1 2019. Wenaas Workwear, a leading international supplier of head-to-toe safety clothing solutions, has signed a five year lease and will occupy unit one of the building taking 7,696 sq ft (715 sq m).
Claire Herriot, associate in the business space team at Savills in Aberdeen, comments: “The rebranding and high quality refurbishment of The Hub was a strong driver behind attracting the tenants to this property. Our end to end support for the client ensured that the building was sourced, refurbished and leased efficiently and on time, ahead of business plan forecasts.”
Following a £800,000 refurbishment program. The Hub was transformed into high quality and modern industrial units. The property was acquired at auction in May 2018 and Savills advised the landlord on the acquisition of the property, acted as project manager across the comprehensive refurbishment and as letting agent, successfully securing tenants for the completed product.
The Hub