Hot on the heels of the largest single office deal in the region for 2020, New Bailey has announced a deal with supermarket giant Sainsbury’s for 4,000 sq ft of retail space on the ground floor of Two New Bailey Square.
Sainsbury’s will begin the store fit out soon, with doors set to open to customers in Spring 2021.
The letting takes the recently completed 188,500 sq ft Grade A, BREEAM ‘Excellent’ office development to 66% let, following significant pre-lets to law firms BLM and Eversheds Sutherland.
Phil Mayall, regional director at The English Cities Fund, said: “We’re proud to have secured this letting and bring such a well known brand and much loved supermarket to the New Bailey community.
“We’ve recently announced the 175,000 sq ft deal to BT at neighbouring Four New Bailey, and we’ve got a host of prominent organisations already in-situ or due to move into New Bailey in the coming months.
“As a result, and with hundreds of new employees coming to the city, we need to make sure that we’re meeting our occupiers’ needs and providing easy access to a wide range of local amenities, so we look forward to welcoming Sainsbury’s to the scheme.”
Patrick Dunne, Sainsbury’s property director, said: “We’re delighted to be opening a new Sainsbury’s Local in the heart of this new development