New Owner Plans to ‘Re-Energise’ One of Glasgow’s Most Historic Commercial Buildings

One of city's most historic commercial buildings sold and plans revealed

One of the Scottish city's most historic commercial buildings has been sold, with plans revealed.

New owner plans to ‘re-energise’ one of Glasgow’s most historic commercial buildings

“Granite House is an iconic Glasgow building with enormous potential to contribute meaningfully to the city’s next chapter” – Nick Lake, MCR Property Group

MCR Property Group acquires Glasgow Granite House

MCR Property Group has acquired Granite House in Glasgow city centre in an off-market deal, adding to its Scottish portfolio.  Granite House is on Stockwell Street and was built in 1892 as a drapery warehouse.  The building is recognised for its architecture and central location.  MCR plans to update the building into a mixed-use site, with workspace, homes and ground-floor retail.  Interest from retailers in the ground-floor units has already b…

Historic Glasgow building to be 're-energised' as mixed-use destination

MCR Property Group has completed the acquisition of the historic Granite House in Glasgow city centre and plans to ‘re-energise’ the building as a mixed-use destination. The business has deployed over £70 million across Scottish acquisitions this year following the recent purchases of Broadway Park in Edinburgh and City Park in Glasgow. Situated on Stockwell Street, Granite House was originally constructed in 1892 as a drapery warehouse. MCR sai…