Construction commences at Banbridge Retail Park

Land Securities have commenced construction at the new Banbridge Retail Park which is to be anchored by a 70,000 sq.ft. Tesco Extra store and will open in Autumn 2014.

TDK have been appointed by Land Securities as joint letting agent for the Retail Park with London based Harvey Spack Field.

Commenting on this instruction Mark Thallon Partner in TDK commented, “Banbridge Retail Park is one of the first commercial retail developments to be constructed in recent times and represents a great vote of confidence in the Northern Ireland retail property market. TDK are delighted to be appointed

Banbridge Retail Park will sit directly opposite The Outlet Centre which comprises 200,000 sq.ft. and tenants include M&S, Next, Gap and Nike.

This leaves Land Sec with the remainder of the site to develop out and initially they are committed under to build the first phase of retail warehousing.

Land Securities is the UK’s largest commercial property company and a member of the FTSE 100. The company owns and manages more than 26 million sq ft of property, from shopping centres to offices, valued in excess of £11.7 billion

A copy of the scheme marketing brochure can be downloaded from the link.