Orchard Street signs 5 new tenants at Gretna Gateway
15 July 2008
Orchard Street Investment Management LLP, a leading UK specialist commercial property investment manager, has secured five new tenants for its 125,000 sq ft Outlet Centre on the M74 at Gretna, in the Scottish Borders.
New lettings to Playtex (makers of Wonderbra), Escentials (perfumiers), Past Times (gift stores), O’Briens (cafes), and leading Northern Ireland soft furnisher, Bedeck, add to the range of existing tenants who include Polo Ralph Lauren, LK Bennett, Marks and Spencer, Sports Direct and 50 others.
The centre is the focal point in the Borders Region for out of town quality discounted retailing, and has benefited from recent development of a phase 2 of 55,000 sq ft, and a new car parking facility that has added 250 spaces – making a total car parking availability of 1,050 spaces.
Chris Bartram, Chairman of Orchard Street, said
“We are very pleased with the new lettings that we have signed at Gretna Gateway and welcome all of the new retailers to the centre. In the 24 months that we have owned Gretna Gateway, we have increased levels of occupancy and are working on new developments to enlarge and improve further the space available for tenants.”
END
For more information:
Dido Laurimore/ Talia Shirion
FTI Consulting
+44 (0)20 3727 1000
osim [at] fticonsulting.com
Notes to Editors:
Orchard Street Investment Management
Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market with £4.2 billion of AUM (as at 30 June 2022). It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial warehouses, retail warehouses, and offices.