River Island, Clarks, Mamas & Papas, Schuh, Claire’s and Moss have signed up as launch tenants for Whiteley Shopping Centre, taking the occupancy rate to nearly 80%.
The Whiteley Co-ownership, a joint venture between landlord British Land and Universities Superannuation Scheme Limited, comprises a 320,000 sq ft new build shopping centre in Hampshire. The £64m development is on track to open for spring 2013.
The new tenants account for 24,700 sq ft of the centre - including a 6,354 sq ft River Island store, a 4,806 sq ft Clarks shop, a 4,004 sq ft Mamas and Papas unit, a 3,872 sq ft Schuh store, a 1,115 sq ft Claire’s shop, a 2,135 sq ft Moss retail unit; all on 10 year leases.
They will join anchors M&S, Next and Tesco, and already announced pre-lets including an 18,200 sq ft H&M, a 6,800 sq ft JD Sports, a 6,300 sq ft Bank, and a 10,700 sq ft Sports Direct. There are a further 12 units in solicitors’ hands.
Claire Barber, head of shopping centre asset management for British Land, said: “Whiteley Shopping Centre is one of only two new schemes opening in 2013 and we are continuing to see strong retailer demand for space.
“We are delighted to be 78% let or under offer with eight months to go until opening.”
She added: “The recent lettings continue to prove that Whiteley can deliver what retailers want; the right location, affordable rents and the right type of space in a high quality environment.”
The letting agents for the scheme are Cushman & Wakefield (retail), Wilkinson Williams (retail) and Davis Coffer Lyons (leisure).