Pinsent Masons acts on £70m sale of 141 Bothwell Street

09 Jan 2012 | 05:00 pm |

Lawyers at international firm Pinsent Masons have advised on the sale of one of Glasgow's most prominent office buildings for a consideration of around £70m.

The firm, which is also a tenant at 141 Bothwell Street, has advised Strathclyde Pension Fund on the sale of the building to a client of Pramerica Real Estate Investors, the global real estate investment management business.

The 175,000 sq ft Grade A office building has now changed hands twice in recent years. In 2009 the property was sold by Premier Property Group, the commercial property investment and development arm of Sir David Murray’s Murray International Holdings, to Strathclyde Pension Fund for around £66.5m– a deal which lawyers at the firm also advised on.

Tom Ferrier, a Partner who led the team working on the deal, says:

"It's very pleasing to act for our client both on the acquisition and sale of the property and to help them achieve a very good outcome. It's clear that there remains a healthy demand for quality investment property. Our aim now is to build as good a relationship with our new landlords as we had with both previous owners!" 

Latest press releases

Show me all press releases

Pinsent Masons advises Ebbsfleet Development Corporation on critical land acquisition for garden city project

International law firm Pinsent Masons has advised Ebbsfleet Development Corporation (EDC) on the acquisition of land from Ebbsfleet Investment GP Limited for a landmark regeneration project.

Increase in average prison sentence length for tax evasion - now over two and a half years

There was a 10% rise in the average prison sentence length for tax evasion last year jumping to 2 years 7 months*, up from 2 years 5 months, says Pinsent Masons, the international law firm.

More Mindful Business Charter signings on World Mental Health Day

On World Mental Health day and, one year since the launch of the Mindful Business Charter (MBC), 17 more organisations are adopting the Charter's pledge to change avoidable working practices that can affect mental health and wellbeing.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons ranked among the most innovative law firms in Europe

Board member recognised as most innovative lawyer in Europe

Pinsent Masons advises University of Leicester on £124m Freemans Common Residences project

International law firm Pinsent Masons has advised the University of Leicester on its Freemens Common Residences DBFO project, which has reached Financial Close.

Pinsent Masons boosts real estate sector with Munich office hire

International law firm Pinsent Masons has boosted its international real estate capabilities with the hire of partner Katharina von Hermanni in its Munich office.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts