Canmoor’s Westway Scoops Top Accolade at the 2026 CoStar Impact Awards
Deal on 200,000 sq ft of speculatively developed industrial space crowned Scottish Lease of the Year
Development and asset manager, Canmoor has been awarded a top accolade at the 2026 CoStar Impact Awards, in the Scottish Lease of the Year category.
The deal saw Canmoor secure a long lease with the UK Government on Westway 200, a brand new 202,862 sq ft unit, which was completed in early July 2025. The deal is believed to be Scotland’s largest speculative industrial and logistics letting in three decades.
Judge Stephen Lewis, managing director of HFD Property Group, said: “Industrial development delivered speculatively at this size is rare and should be rewarded, not just financially via this letting but with praise and recognition via awards like this. Not only was the risk rewarded with a letting but a letting to a government covenant, for 20 years and for a market leading rent all marks this as a stand-out transaction.”
Gregor King, Scottish Director of Canmoor said: “We are delighted to receive this prestigious award. This deal represents a significant milestone for Westway and for Canmoor’s speculative development programme, which continues to deliver best-in-class, sustainable industrial space that resonates strongly with forward-thinking occupiers. In the context of such high-quality competition, this recognition is a testament to the dedication and collaboration of our team, advisers and partners.”
Joint letting agents at Westway were JLL and Colliers, while Montagu Evans acted on behalf of the UK Government. Legal representation was provided by Brodies for Canmoor and Morton Fraser MacRoberts for the tenant.
ENDS
FOR FURTHER INFORMATION PLEASE CONTACT:
Fiona Riddell, PR for Westway, Glasgow Airport T: 07866 167999 ~ E: fiona@frpr.co.uk
NOTES TO EDITORS:
About Canmoor - www.canmoor.com
Canmoor acts on behalf of Westway Property S.À R.L. Canmoor is a market leading developer and asset manager in the warehouse and business space sectors. Canmoor has acquired, managed, developed and sold more than £1.5 billion of commercial property assets. With offices in London and Manchester, Canmoor provides a comprehensive national service with local expertise.
About Westway, Glasgow Airport
Westway is located at Glasgow Airport in the West of Scotland. This 135-acre self-contained site is Scotland’s largest fully enclosed industrial estate and home to a range of local, national and international businesses. Situated in a spacious landscaped site, Westway is easily accessible by car, commercial vehicle and public transport. Conveniently positioned only 10 miles west of Glasgow city centre, the park has direct access to an extensive transport infrastructure. It offers quality accommodation within a 24-hour secure environment.
Westway is home to a range of local, national and international businesses including Altrad Babcock, Malin Group, Renewable Parts, DSV Logistics, AMG Group, Steder Group, Star Refrigeration, Kintetsu World Express, Boeing, Bullet Express, Relyon and JW Filshill.
About The CoStar Impact Awards:
The CoStar Impact Awards recognise exemplary commercial real estate transactions and projects completed in 2025 that have significantly influenced neighbourhoods or submarkets across 129 major international markets in the United Kingdom, United States and Canada. The awards honoured winners for their CRE transactions across three categories: Lease of the Year, Sale/Acquisition of the Year and Commercial Development of the Year.
“Now in its fifth year, the CoStar Impact Awards are an incredible opportunity to recognise the real estate projects fundamentally transforming the industry landscape,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Our diverse panel of judges worked diligently to identify the most impactful commercial real estate projects across a range of categories that are shaping the future of the industry and the communities in which they serve. It’s an honour to recognise the companies and projects propelling the real estate sector forward.”
To learn more about the CoStar Impact Awards and review the full list of winners, visit http://www.CoStarImpactAwards.co.uk/.
