KLOECKNER Metals UK has officially opened its new stockholding and processing facility at Newbridge Link at Newbridge Industrial Estate in Edinburgh.
The company chose the industrial park as the location of its new facility, which is described as the largest metal stockholding and processing warehouse in Scotland, boasting over 100,000 square feet of internal space and an 11,114 sq ft office pavilion.
The facility’s stock capacity of 5,000 tonnes, comprising carbon steel, stainless steel, and aluminium, coupled with Kloeckner Metals UK’s processing expertise, enables the delivery of a range of solutions to industries including energy, renewables, oil & gas, construction, fabrication and manufacturing.
Peter Whiting, CEO of Kloeckner Metals UK, said, “At Kloeckner, we continue to showcase a profound commitment to sustainability, investing in cutting-edge technologies and advanced equipment to deliver sustainable, efficient and dependable services. The opening of our new site in Newbridge is a testament to our unwavering commitment to meeting the needs of the Scottish market while actively contributing to a more sustainable future.”
CBRE acted for asset managers JCAM Property in the letting of the facility – Unit 1 at Newbridge Link – while LSH acted for Kloeckner. CBRE was able to advise on and introduce a Green Lease Clause into the deal structure.
Mike Brown, associate director at CBRE, added, “CBRE is delighted to have secured this excellent deal on behalf of the landlord, signalling one of the largest industrial transactions in Scotland for 2023. The fact the building was let prior to a formal launch of the marketing provides evidence to the critical lack of good quality industrial buildings in Scotland currently, and Kloeckner’s acquisition is adequate reward for JCAM Property who took on this large-scale project.”
