LXB nets Primark at Rushden Lakes
Published: 12 August, 2015
Primark pre-lets 53,000 sq ft at LXB Retail Properties Rushden Lakes development
Primark has taken 27,000 sq ft of ground floor space plus a mezzanine floor to become the fourth major pre-letting at Rushden Lakes, joining a tenant line-up which already included M&S, House of Fraser and H&M. The deal means 100,000 sq ft, or 170,000 sq ft including mezzanine space, has been pre-let.
Rushden Lakes comprises 244 acres of which 31 are developable located alongside the A45, opposite an existing Waitrose Food and Home store at Rushden. Site remediation works are already in progress and LXB is on schedule to appoint the main building contractor towards the end of the year. The aim is to hand over stores to the larger occupiers for fit-out in October 2016 leading to a spring 2017 opening.
Forward funding of the project with The Crown Estate which was announced in April 2015.