Flurry of retail deals complete at The Lexicon

By
BE News Team

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The Lexicon retail and leisure complex in Bracknell has completed circa 30,000 sq ft of new retail lettings. 

Levi’s has signed for a 3,885 sq ft store, Dunelm will occupy circa 15,000 sq ft and Tesco Express has taken a 2,599 sq ft unit. 

A “major international fashion brand” has also signed for a 6,200 sq ft flagship store and The Lexicon has sealed a deal with Optical Centre on a 2,144 sq ft unit. 

Tom Woolven, asset manager in Schroders Capital’s real estate team, which owns The Lexicon in a joint venture with Legal & General Capital, said: “We are delighted to welcome a host of fantastic new brands to The Lexicon. We expect these retailers to prove popular with our customers as we look to capitalise on the strong footfall and sales reported during the first half of the year.

“With The Lexicon now approaching full occupancy, we have curated a diverse tenant mix which provides a wide array of choice for our shoppers in the post-pandemic retail landscape. Meanwhile the on-site team at The Lexicon continue to make the scheme a welcoming place for all and help ensure The Lexicon continues to be a thriving retail destination which attracts people from across the Thames Valley and beyond.

“The local community is integral to the success and vibrancy of The Lexicon. Hosting events throughout the year such as the Bracknell Forest Pride, and The Lexicon summer proms help to bring the scheme and the community together. The retail landscape has been very challenging in recent years – but it is testament to the strength of Bracknell as a retail destination that that we continue to welcome high profile brands and new flagship tenants to the scheme.”

The Lexicon’s retained leasing agents are CBRE and Lunson Mitchenall.

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