Aberdeen property firm FG Burnett said a combination of its letting, building consultancy and property management services was key to securing a third new tenant in just six months for a business centre at Altens.
The 30,000 square feet Altec Centre is now fully let after 3M Oil and Gas signed a five-year lease for 2,500sq ft.
It follows three new deals earlier this year and a lease renewal for an existing tenant.
FG Burnett said the four new lettings for a total of 20,000sq ft in the past six months underlined continuing strong demand in Aberdeen for good quality accommodation, with access to the city centre and surrounding transport hubs.
The company has managed the centre on behalf of landlord Braefoot Cox since 2008, looking after rents and service charges as well as carrying out building maintenance and repairs to common areas of the site.
FG Burnett director Jim Johnstone said: “This integrated approach to leasing properties, adapting or upgrading them to each client’s requirement and the ongoing management of the fabric of the building, works extremely well for landlords such as Braefoot Cox.
“It streamlines the process of securing tenants and protects the owner’s investment by ensuring the asset is kept fresh, modern and safe, while retaining and, hopefully, increasing value.”
Christopher Yannaghas, head of FG Burnett’s property management team, added: “There is very little stock currently available in and around Aberdeen and properties like the Altec Centre are benefiting from the ripple effect of a buoyant north-east market.”
FG Burnett and Ryden are joint letting agents for the Altec Centre, which Braefoot Cox acquired from Kenmore Capital Portfolio in 2008 for £4.1million.