Parkgate Shopping has new owners
The 406,000sq ft retail park is among the UK’s top five largest, sitting on a 40-acre site and boasting 2,250 free parking spaces.
It was put up for sale in 2023 by previous owners Capreon, with a guide price of less than half the £175 million they paid in 2015.
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Hide AdNew owners Columbia Threadneedle Real Estate said the addition had taken their retail warehouse portfolio beyond ten million square feet.
A spokesperson added: “By utilising our existing strong retailer relationships, we see real opportunity to maximise Parkgate’s potential both for retail and restaurant operators and customers, taking its place as a leading shopping and leisure destination befitting of its scale and regional dominance.”