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News Release

London

TK Maxx takes lease on Brighton store following £3.8 million programme of extension and refurbishment

Jones Lang LaSalle advise Aviva Investors on Brighton store


TK Maxx StoreLondon, 28th June, 2013 – Jones Lang LaSalle has successfully advised Aviva Investors on a retail lease with TK Maxx in the heart of Brighton.

The store on North Street has been extended and reconfigured to create excellent modern large accommodation for TK Maxx.

Clare Andrews, from Aviva Investors commented, “North Street links some of the principal locations in the city such as The Lanes, East Street and Churchill Shopping Centre. The lease taken by TK Maxx indicates that they see a long term future in this area.”

Barny Swainson, Director Jones Lang LaSalle’s retail team, said: “There was concern raised to the council last year by local traders in North Street that retail potential wasn’t being maximised.  This brand new development and the fact that a well known high street store is taking up long term residence here, will give the area a new lease of life.”