Eurocentral industrial colossus has new owner

Grayling Capital has completed the multi-million pound purchase of one of the largest industrial buildings in Scotland.

Titan Warehouse at Eurocentral stretches to more than 122,000 square feet. Picture: Contributed

Titan Warehouse at Eurocentral stretches to more than 122,000 square feet and has been sold to Grayling by Laurel Properties for £6.5 million. Neil Cockburn Property Consultants acted for the vendor.

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Iain Davidson, director of industrial and logistics at Colliers International, the property firm that advised on the deal, said: “I’m delighted to have acquired such a high quality building for our client, Grayling Capital.

“Titan is a Grade A modern facility within Scotland’s premier ‘big box’ industrial park and is likely to remain a highly desirable property for large warehouse operators or manufacturers for many years to come.

“It’s the second involvement we’ve had in the building in as many years: Titan is currently let to Lidl who, again in an off-market deal, we acted for when the retailer leased the building from Laurel in November 2016.”