BILLIONAIRE Inverclyde brothers James and Sandy Easdale have expanded their property portfolio further with the purchase of a substantial industrial site in Renfrew.
The entrepreneurs, who own the Greenock-based McGill’s Group, have secured 76,000 square feet of prime industrial space and seven acres of land at Meadowside Industrial Estate, next to the new bridge linking the town with Yoker on the opposite bank of the Clyde.
The Easdale brothers have snapped up 76,000 square feet of industrial space and seven acres of land at Meadowside Industrial Estate in Renfrew. (Image: Contributed)
The site has been acquired from regeneration specialists Peel Waters, who own a large commercial, residential and industrial development portfolio across the west of Scotland and along the Clyde.
The Easdales already own an adjacent site in the town’s Neil Street Industrial Estate, where the family’s Clyde Metal Recycling business is based.
Sandy and James Easdale (Image: Jeff Holmes / JSHPIX)
In October, the brothers’ property investment firm Dalglen snapped up the former Glenfield care home in Greenock’s west end, while last month they submitted plans to turn the former Watt Brothers store in Glasgow city centre into a boutique hotel.
Their Dalglen portfolio also includes the former IBM site at Spango Valley, the Kingston Industrial Estate in Port Glasgow, and the former EE call centre building at Cartsburn, as well as the site of the former Tate & Lyle sugar refinery off Drumfrochar Road.
Gourock-based property firm Bowman Rebecchi is supporting the letting and management of the group’s expanding industrial portfolio.