| Macarthur Wilson acted on behalf of Primark Stores Limited in negotiations with Land Securities to secure a flagship store in the successful Westwood Cross Shopping Centre.
The project involved negotiating with Land Securities to acquire a store for a new Primark flagship store of 70,000 sq ft, arranged on ground and first floors.
The negotiations involved agreeing a forward purchase price for the completed building built to Primark’s specification with Land Securities on a site adjacent to the TK Maxx store, Primark will become one of the anchor stores in the very successful West Cross Shopping Centre in Thanet (Kent).
The negotiations were concluded successfully and construction started on site in November 2011 with the planned date for opening in September 2012.
Primark Stores secured a long leasehold interest and will add to the thriving scheme with other anchor tenants including Debenhams and Marks & Spencer.
Macarthur Wilson have also been involved in other recent projects for Primark in Yeovil, Milton Keynes, Torquay and Cwmbran.
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