July 2009
A brand new TK Maxx is set to open within thecentre:mk this summer. The store, that is to replace the former Woolworth’s site, will boast over 22,604 sq ft of designer items across fashion, home and gifts at up to 60% off the RRP. The 31,280 sq ft unit (net sales area 22,604 sq ft) has been taken on a ten year lease.
Anthony Ross, Asset Manager at Cushman & Wakefield Investors, said “This is a great new name for thecentre:mk, T K Maxx is sure to be very popular with shoppers and will help to strengthen our retail offer.
“The Centre continues to go from strength to strength and the joint owners, Hermes and Prudential, have ambitious plans to continue to invest in the centre over the next 2 years with significant capital committed.”
Robert Goodman, Centre Director at thecentre:mk, added, “To secure a letting such as TK Maxx for the unit vacated by Woolworths is great news for thecentre:mk and Milton Keynes as a retail destination. The jobs created will be of great significance to Milton Keynes and we can’t wait for the store to open in the summer.”
CBRE and GCW acted for the Joint Owners of thecentre:mk and Morgan Williams acted for TK Maxx.