Park Place Retail are delighted to have appointed Henry Elwess as a Partner in their agency team. Henry will work alongside James Potter, Grant Imlah, David Marsden, Andrew Cherry and George Stratton on their landlord instructions, which cover 23 million sq ft of retail warehouse space.  Henry will also continue…

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Acting for LondonMetric plc, Park Place Retail sold the Gateway Retail Park in Weymouth to clients of Colliers Capital for £14.3 million. The scheme was completed in 2022 and comprises 51,000 sq ft let on long leases to B&M, Dunelm, McDonald’s and Costa, with a WAULT to break of 12.4…

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Park Place Retail are retained by JD to continue their expansion programme on retail parks. Following 25 new openings in 2021-2023, @JD are opening the following 8 new retail park stores in 2024:- JD are looking for further opportunities for 2025.  The typical requirement is for 6,000-10,000 sq ft on…

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Park Place Retail are delighted to have sold Southampton Road Retail Park in Salisbury to British Land. The retail park is the largest, most modern dominant and prime scheme in the town, situated in the main retail warehouse destination, off the A36 Southampton Road. Tenants on the 128,842 sq ft…

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We are delighted to have advised LaSalle Investment Management on the sale of the freehold interest of the Tandem Centre in Colliers Wood to clients of Abrdn for a price of over £60 million. Miles Marten, Investment Partner of Park Place Retail, says:- “The marketing and sale of this scheme…

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Advised by Park Place Retail, Landsec have sold the The Bishop Centre, Taplow, SL6 0NY to a private property company.  The scheme was completed in 2014, comprising over 105,000 sq ft, with 449 car parking spaces, and is anchored by Tesco, with other retailers including Nike, TK Maxx, Homesense, Mountain…

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Acted for a large REIT in the purchase of Birstall Shopping Park, Leeds. This comprises an 18 unit shopping park totalling 166,000 sq ft and is anchored by M&S, Next, DFS, Boots, TK Maxx and Wren. £67.27 million was the quoting price reflecting a NIY of 8.5%.

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Primark have opened at Teesside Park today. Formerly a Mothercare store, which was extended to the rear, with a full cover trading mezzanine added, the store extends to 50,000 sq ft. This follows recent openings by Wagamama, Lush and Nike Unite. Lots of other exciting new openings planned over the…

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It’s been 6 months since Park Place Retail started trading on 1st November 2023. It’s been a whirlwind period, and we are so grateful to all of our loyal clients who have helped and supported us in the successful launch of our new business. A few highlights:- > Ranked 3rd…

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Park Place Retail have been instructed to act on behalf of The Jockey Club, the largest racecourse group in Britain, operating 15 racecourses, covering over 5,000 acres of land. The Jockey Club have identified various development opportunities on surplus land, and on 6 of the sites, there is the potential…

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