CBRE has confirmed the launch to market of 100 Morrison Street in Glasgow, described as a ‘rare redevelopment opportunity’ in the area.
Occupying an entire island site, 100 Morrison Street is an office building constructed in the 1970s, which was refurbished in the mid-1990s. Extending to 0.70 acres, it comprises 137,764 sq ft across basement, ground and four upper floors, and provides 35 car parking spaces.
CBRE added that the office floors are filled with natural light, whilst the upper floors benefit from panoramic views of Glasgow city centre and the Finnieston area to the west.
The property is located on the south bank of the River Clyde. CBRE is marketing it for sale with vacant possession on behalf of Sheral Holdings Ltd.
Andy Cunningham, senior director at CBRE in Scotland, said, “100 Morrison Street offers the rare opportunity to reposition a substantial office building through redevelopment, subject to statutory consents. A mix of uses including office and build-to-rent residential have brought significant investment to the area, enhancing the existing landscape and improving amenities close to the property.
“This property represents an exciting opportunity for a developer to continue that journey. The transformation of this part of the city has been hugely successful, and the site will now play a key role in future development. We anticipate a positive response from the market now that it is available.”
