In the largest West of Scotland industrial transaction of the year so far, Hewlett Packard Enterprise (HPE) has committed to a new ten year lease at the Bishopton Campus in Erskine from landlord DXC Technology.
Under the terms of the new lease, HPE has restructured its occupation to circa 170,956 sq ft, which includes 148,513 sq ft of production and storage space alongside 22,443 sq ft of office accommodation.
The US-based technology company has been operating in Bishopton since 2002 when it acquired Compaq. The site is home to one of HPE’s two global Technology Renewal Centres. Together with its sister site in Andover, Massachusetts, HPE’s Technology Renewal Centres process over four million IT assets per year, with 90% upcycled and resold, 9% recycled and just 0.4% going to landfill. HPE sales and operations staff are also located at the site.
The Bishopton Campus extends to over 500,000 sq ft of office and production space, set within 40 acres of landscaped grounds on Erskine Ferry Road. Landlord DXC Technology occupies the majority of the facility.
David Reid of CBRE acted on behalf of DXC Technology in the transaction with Fergus Maclennan of Cushman & Wakefield representing HPE.
David Reid, associate director at CBRE, commented: “We were delighted to finalise this transaction with HPE despite challenging global events. The company’s commitment to the building is testament to the quality of space and the amenities available.
“Up to 30,000 sq ft of flexible, plug and play office space remains available at the Campus and we’re in discussions with further occupiers seeking space in the west of Glasgow.”
“I am delighted and proud to be extending our presence in Scotland for another 10 years,” said Marc Waters, managing director for UK, Ireland, Middle East and Africa at Hewlett Packard Enterprise. “The HPE Technology Renewal Centre in Erskine is world leading and is at the forefront of the global battle against e-waste. Our team in Erskine has unrivalled expertise and serves customers across the whole of EMEA. The continued success of the centre is testament to the skill and operational efficiency of the HPE team and growing recognition of the importance of the circular economy.”