Commercial People has learned that the construction of the second phase of the new development at ABZ Business Park in Dyce, Aberdeen is now underway.
Comprising six new units of 2,500 sq ft; the premises will be available individually or as a whole, offering space ranging from 2,500 to 15,000 sq ft. Completion is expected in Q2 2021.
Commenting on the development, Tim Stevenson, Director at ABZ Developments, said: “Despite uncertain times, we are delighted to have secured two high calibre tenants in recent months. The brand new business units in Dyce are a welcome addition to the sought after industrial location, offering a high-quality, modern, low-risk option for occupiers when compared with many dated alternatives nearby.
“We are excited about the site and with such growing interest and a demand for fit for purpose, high-specification business units, we felt it was time to further expand and complete phase two of the planned development.”
Despite COVID-19 and lockdown restrictions, ABZ Business Park has recently secured two recent lettings, one to MM Aviation and the other to Aviation Logistics.
These deals, along with the other strong interest in the buildings, has given the developer the confidence in the market to go ahead with the second phase of the development.
The new Phase 2 units will provide high-quality accommodation ideal for several uses, including Oil & Gas operators, Storage & Distribution and Trade Counter operators.
Other occupiers already based at ABZ Business Park include Ethos Energy, Houlder, Teledyne Bowtech, SPX Flow, Noble Drilling, Global Energy Group and ATR. The new conference centre, TECA / P&J Live is also in very close proximity.
Paul Richardson, Partner in Agency & Development at Scottish commercial property consultancy, Ryden, commented: “We are excited to witness another significant milestone at ABZ Business Park with the construction of its second phase.
“Phase one, completed earlier this year, generated robust interest, consolidating ABZ Business Park as one of Aberdeen’s premier industrial destinations.”