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Insider UK
Business
Peter A Walker

Glasgow commercial property deal-maker sets up agency

Fergus Maclennan, head of Cushman & Wakefield’s Glasgow Business Space Agency, has launched a new commercial property agency.

After nine years with the property services firm, his new venture, Adapt Commercial Property, is aiming to provide strategic advice to landlords, investors and occupier clients.

Maclennan, also a director at Partick Thistle FC, has a strong track-record in Glasgow commercial property, transacting on some of the largest office deals in the city, recently acting on behalf of Aecom, Morgan Stanley, Virgin Money, GAP Group, Experian, BDO and Interpath Advisory.

Deals in the industrial market have also been a regular occurrence, with headquarters acquisitions on behalf of Scania, Hewlett Packard Enterprise and Douglas Laing.

With more than 20 years’ corporate experience across all aspects of the commercial property market - including five years in Sydney - Maclennan is looking forward to the next chapter.

“It’s been all change over the last three years, with the pandemic resetting the way we live, work and do business.

“This has left landlords, investors and occupiers in a state of flux in a commercial property market that must also now adapt.

“Adapt Commercial Property has been set up to assist businesses through these daunting workplace decisions, to support clients to find the right solution.“

The explained that the Glasgow-based agency is looking to showcase the best quality space for landlord clients and represent a range of occupier clients, realigning their occupational strategies.

“I am excited to launch Adapt Commercial Property to offer specialist advice to clients in Glasgow on how they can transform buildings to connect with people,” Maclennan added.

Charles Dady, international partner and head of national office leasing at Cushman & Wakefield, commented: “We wish Fergus every success in his new venture and look forward to working with him on projects in the future.

“It has been a pleasure to have worked with Fergus over the last nine years and he leaves the firm with our very best wishes. “

Cushman & Wakefield will continue to be led by regional managing partner Murray Strang and head of office agency James Thomson.

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