JD Sports to open at Northampton’s Grosvenor Centre
Evolve Estates, part of commercial property and investment group M Core, is set to welcome a new JD Sports store to its Grosvenor Centre in Northampton next year.
The sportswear retailer has signed a 10-year lease for a 14,000 sq ft unit, occupying the former Next store at 29-35 Newland Walk.
The signing of JD Sports at the Grosvenor Centre follows the recent news that brands such as H&M, Nipa’s Hair & Beauty, and Bewiched will also be joining the scheme. Additionally, HMV has renewed its lease at the centre for another three years.
Philip M Murphy, head of property and transactions at Evolve Estates, said: “Leveraging our strong relationships with high street retailers, we have secured JD Sports’ continued presence in Northampton; a huge win for the town and Grosvenor Centre. JD Sports is committing to a large format store at 14,000 sq ft, which flies in the face of perceived high street retail sentiment.”
FMX Urban Property Advisers acted for the Grosvenor Centre.