Thursday 12 December 2019

Large industrial unit lets for around €380,000 as glass company relocates

Lease taken out: Ringport Business Park in Ringaskiddy, Cork
Lease taken out: Ringport Business Park in Ringaskiddy, Cork

In one of the largest industrial lettings in the Cork area within the past 10 years, specialist glass processing company Precision Quality Glass (PQG) has taken a lease on Block A Ringport Business Park in Ringaskiddy, which comprises a detached warehouse of 95,000 sq ft.

Joint letting agents Lisney Cork and Cohalan Downing negotiated rent in the region of €380,000 per annum (€4 per sq ft) which is subject to a significant capital spend by the tenants.

PQG plans to move from its existing warehouse in City North Business Park on the northside of Cork city.

Ringport Business Park comprises a secure office and industrial complex on a 15-acre site that was originally purpose built by developer John Fleming.

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