Total makes way for Aberdeen One

+ADw-p+AD4-Demolition work has started on the former UK North Sea headquarters of French energy giant Total in Aberdeen.+ADw-/p+AD4
+ADw-p+AD4-Total+IBk-s old HQ is being knocked down to make way for the Granite City+IBk-s first dedicated logistics park, Aberdeen One.+ADw-/p+AD4
+ADw-p+AD4-Titan Investors, the firm behind the Silver Fin office development on Union Street, has taken possession of the 20-acre +IBw-prime development+IB0 site on Crawpeel Road, Altens, after snapping it up for an undisclosed sum last year.+ADw-/p+AD4
+ADw-p+AD4-London-based Titan is targeting growing demand for suitable logistics bases around the UK, including from retailers as shoppers demand faster deliveries for their purchases.+ADw-/p+AD4
+ADw-p+AD4-Amazon opened a new delivery station at Badentoy, Portlethen, in 2016 but is thought to be is on the hunt for a bigger site.+ADw-/p+AD4
+ADw-p+AD4-For years, major distribution companies were priced out of the Aberdeen market by the offshore energy industry.+ADw-/p+AD4
+ADw-p+AD4-But a new economic dynamic in the Granite City after the oil price slump has changed the game.+ADw-/p+AD4
+ADw-p+AD4-A pre-application to kick-start the Aberdeen One logistics park is expected to be lodged with Aberdeen City Council in the coming weeks, while a 70,000sq ft warehouse on the site is earmarked for an +IBw-extensive+IB0 refurbishment.+ADw-/p+AD4
+ADw-p+AD4-Titan said it had received a +IBw-healthy+IB0 level of interest from a range of local companies.+ADw-/p+AD4
+ADw-p+AD4-Cove-based Lawrie (Demolition) is flattening Total+IBk-s old office building.+ADw-/p+AD4
+ADw-p+AD4-Aberdeen One will offer bespoke design and build packages from 10,000sq ft up to 200,000sq ft.+ADw-/p+AD4
+ADw-p+AD4-Granite City-based FG Burnett and international property firm CBRE are joint letting agents for the development.+ADw-/p+AD4
+ADw-p+AD4-FG Burnett director Graeme Nisbet said: +IBw-The demolition of the former Total headquarters signals the end of an era for one use on this Altens site.+ADw-/p+AD4
+ADw-p+AD4gHA-However, it offers exciting times ahead for our clients developing this site for an alternative use.+ADw-/p+AD4
+ADw-p+AD4gHA-The newly branded Aberdeen One logistics park will offer a dedicated logistics park for occupier requirements +ICY for bespoke design and build options. This will be+ADw-/p+AD4
+ADw-p+AD4-Aberdeen+IBk-s first dedicated logistics park and its location offers excellent transport communication links to all major routes.+IB0APA-/p+AD4
+ADw-p+AD4-He added: +IBw-We have already received positive interest to date and as the market continues to improve we are confident that interest levels will increase.+IB0APA-/p+AD4
+ADw-p+AD4-Earlier this year, a report by property firm Lambert Smith Hampton said industrial and logistics was the commercial market+IBk-s fastest growing sector.+ADw-/p+AD4

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