Cribbs Mall looks to 2024 following leasing influx
Bristol shopping centre Cribbs Mall is looking forward to a busy 2024, with the space almost reaching 100 per cent fully let following the 36 leasing transactions completed in 2023.
During 2023, 110,663 sq ft of leasing transactions were concluded at the shopping centre. This included six new lettings with the likes of Victoria’s Secret, Mango, Charles Tyrwhitt, and Greggs all arriving at the centre over the past 12 months.
Meanwhile, 28 retailers renewed their leases, including popular outlets such as Boots, Waterstones, and Fat Face all committing their futures to Cribbs Mall.
Wagamama signed a new 15-year lease to upsize its unit from 3,455 sq ft to 4,499 sq ft and popular clothing brand Phase Eight has signed a new five-year lease for a larger 4,146 sq ft unit which will open early in 2024.
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M&G and Pradera Lateral have also welcomed Longlands to the neighbouring Cribbs Retail Park, with the furniture retailer completing a 10-year lease for a 9,995 sq ft unit.
This takes the retail park to 100 per cent occupancy with B&Q, Currys PC World, Ninja Warrior, and Smyths also occupying large units.
Scott Linard, Portfolio Director at M&G Real Estate, said: “As we move into the New Year, we are already talking to several retailers who are keen to benefit from the strong footfall which Cribbs Mall is experiencing.
''It is certainly an exciting time for Cribbs Mall – and the wider Cribbs Causeway area – which is continuing to grow, thanks to several new neighbouring attractions, including the relocated Bristol Zoo and the creation of additional residential communities to the north of Bristol.
''These developments, combined with the diverse range of operators located across Cribbs Mall, Cribbs Retail Park and Cribbs Venue, means the area is a perfect location for retail, leisure and F&B companies looking to increase their presence in the West Country. We look forward to welcoming more new arrivals in 2024.”
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