Chamber News 9th November 2015
Balfour Beatty becomes the latest occupier to sign-up for space at Moorfield Group’s highly successful Westway Park in Renfrew.
The international infrastructure group has agreed terms for an initial short-term lease on 30,000 sq ft of refurbished industrial space at Units L2.
Balfour Beatty will use the space to service a recently awarded £34m Hunterston A nuclear contract and will shortly be installing heavy engineering and production machinery into the units.
The contract awarded by Magnox will involve Balfour Beatty being responsible for delivering the final stage of the encapsulation process and construction of the solid intermediate level waste encapsulation plant, as part of the decommissioning of the former nuclear power plant in North Ayrshire.
The twin reactor site was Scotland’s first civil nuclear generating station and at the time of opening in 1964 was the largest in operation in the world.
Speaking on behalf of the park owner, Hugh Canham, fund manager of Moorfield Group said: “Balfour Beatty’s selection of Westway is further positive news for the park. Our active investment and development plans continue and securing this deal is testament to the success of this strategy.”
Andrew Armstrong of joint agent JLL added: “Westway continues to attract high levels of occupier interest, due to the landlord offering quality product with flexible terms. In addition, the park’s location, close to Glasgow Airport, and within easy travelling to Hunterston were key drivers for Balfour Beatty.”
Westway Park joint agents are JLL and GVA James Barr, who advised Moorfield Group.