en.Wedoany.com Reported - Knight Property Group has acquired the landmark industrial building "Big Blue Shed" in Bellshill through an off-market transaction. The property spans 143,700 square feet, with approximately 85,000 square feet of fully sprinklered mezzanine space, situated on six acres within the Bellshill Industrial Estate.

Knight Property Group plans a comprehensive refurbishment and rebranding of this standalone warehouse and industrial facility. Works will include upgrades to the external walls, roof, and cladding, improvements to external concrete areas and surfaces, a full internal redecoration, and renovation of office and welfare facilities. The refurbishment is scheduled for completion in the fourth quarter of this year, aiming to meet modern tenant expectations and provide significant opportunities for businesses seeking e-commerce, logistics, or garment distribution space.

Howard Crawshaw, Managing Director of Knight Property Group, stated that by successfully delivering multiple speculative new-build and refurbishment projects in the region, the company is proud to continue investing in Lanarkshire's business environment by acquiring this landmark building. He noted that demand for high-quality logistics and warehousing space remains strong, but supply of high-quality properties is limited, making this property an excellent opportunity for businesses looking to establish or expand operations in central Scotland.

Graham + Sibbald and Ryden have been appointed as leasing agents for Knight Property Group. Yan Stewart, Director at Graham + Sibbald, added that the seller sought a buyer capable of realizing the property's vision, and Knight Property Group's proven track record in delivering high-quality, high-specification industrial properties gives the market confidence that the building will be rebranded and repositioned, attracting strong interest from industrial, logistics, e-commerce, and warehousing operators upon completion.