July 1 2008

Jones Lang LaSalle has purchased Fleming House Business Centre in for £2.16m for its client Highcross property fund management

This purchase follows on from the fund manager's purchase of Dundyvan Industrial Estate, Coatbridge for £2.2 million earlier this month and its acquisition of six sites in Scotland in 2007 including The Pentagon Centre, Glasgow, Morton House, Grangemouth, and Eon House, Bellshill.

Ross Burns of Jones Lang LaSalle's Glasgow office said: "Epoch Property had done a very good job, taking a vacant property, refurbishing it and sub dividing the property to offer small suites which have let up well. There is still the opportunity to increase the occupancy level and develop out two half acre development plots. "

Marks Evans of Highcross said: "Fleming House offers a great opportunity for us to expand our Bizspace operation. The property offers us the ability to let smaller office suites on flexible terms to meet occupier demand."

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