Fashion and lifestyle retailer is staying put in Reading
Moorgarth Group, the asset manager of Reading’s Broad Street Mall, has completed a deal to keep one of the major retailers at the centre.
It has announced that TK Maxx has committed its long-term future by signing a new 10-year lease on its existing store configuration
New Look and Poundland have also signed new 10 year leases and in addition, Moorgarth recently gained permission for a new food hall concept at the southern side of the centre.
Moorgarth Group’s managing director Gary Lewis commented: “We are delighted that TK Maxx has joined a number of other key retailers in committing their long-term future to the centre. It is a very exciting time for Broad Street Mall and demonstrates that our strategy of modernisation and diversification is attracting considerable attention.”
Leasing agents on the centre are Knight Frank and Hicks Baker.
