A prominent industrial lease signed by Ferguson Marine (Port Glasgow) and negotiated by Bowman Rebecchi is amongst the first quarter industrial leases recognised by the CoStar Awards.
Ferguson Marine (Port Glasgow) Limited signed a four-year lease for 77,000 sq ft of industrial space at 2 Cartsdyke Avenue, one of the most significant commercial properties in Greenock in February 2020.
Bowman Rebecchi, working as joint-agents alongside Colliers International, represented the landlords Dalglen, with Avison Young representing the tenant.
Bowman Rebecchi Directors, Andrew Bowman and Marco Rebecchi said:
"It is fantastic that CoStar has recognised the hard work that went into securing this letting as one of the top deals in Q1 2020.
"Bowman Rebecchi was delighted to work alongside both our peers at Colliers and Avison Young, as well as securing the right deal for both the landlord and tenant.
"To walk away with an award in our first quarter of trading since merging provides the business a further impetus to support the commercial property market across the west coast of Scotland."
Dalglen Investment Directors, Sandy and James Easdale said:
"This deal was a big boost for the local economy and further repaid the faith shown in acquiring the site and the further investment since committed.
“It is good news that the CoStar Awards have recognised this high-quality property and we thank Bowman Rebecchi and Colliers for their support.
"We hope the property helps Ferguson Marine to grow further and develop its operations.”
It is thought that 2 Cartsdyke Avenue will be used to consolidate inventory held at several warehouses and that it will become the delivery point for equipment ordered by Ferguson Marine.
To see the full First Quarter 2020 winners of the CoStar Awards Quarterly Deals, click here.