Orchard Street signs up five new retailers at Gretna Gateway

17 September 2009

Orchard Street signs up five new retailers at Gretna Gateway Outlet Centre

Orchard Street Investment Management, a leading UK specialist commercial property investment manager, has concluded new leases to Lakeland Leather, Double Two, Denby, Urban and Arran Aromatics at Gretna Gateway Outlet Village its 125,000 sq ft Outlet Centre on the M6 at Gretna, in the Scottish Borders. These are in addition to Gap who will open a new anchor store at the centre in October.

In a further sign of the growth potential of Gretna, planning consent has been granted for a new 15,000 sq ft Phase III development to adjoin the current Phase I section of the scheme. The prominently located units will offer space varying from 1,000 sq ft to 5,000 sq ft and will add to the already diverse retail environment.

Letting agents for the project are CHD Property.

Phillip Rodger, Head of Asset Management at Orchard Street, said :

“We are delighted to welcome the new retailers to Gretna Gateway and to have achieved consent for Phase III, which will further improve the retail environment and will increase the space available for occupiers.”

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About 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 £2.7 billion of AUM (as at 30 June 2024). 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.