Outdoor retailer The North Face has taken a 3,630 sq ft unit on New Cannon Street at Manchester Arndale. The retailer has signed a 10-year lease on the store which is its first in Manchester City centre.
Steve Gray, head of European retail asset management at Global Mutual, joint asset manager of Manchester Arndale with M&G real estate, said: “We are delighted that The North Face has become the latest big name brand to sign a long-term letting at Manchester Arndale. Our leasing activity since the pandemic has seen us welcome a truly diverse mix of international and local businesses, as well as a wide variety of retail, leisure, and F&B brands, to ensure there is something for everyone visiting Manchester Arndale.
“Through this approach, footfall has continued to strengthen and demand for well-placed units has remained, so high that we are approaching 100% occupancy, allowing us to avoid the struggles faced by other retail centres, and cement our position as the North West’s leading retail destination.”
Metis Real Estate and Time Retail Partners are joint letting agents at Manchester Arndale. S Kershaw and Sons and Ellis Brigham acted for The North Face.
