Playtime At Castlecourt As Leading Toy Retailer Takes Key Anchor Location
BELFAST, 07 November 2016 - World-renowned toy retailer Toys “R” Us has taken up space in a key anchor unit within CastleCourt Shopping Centre in Belfast City Centre.
Toys “R” Us first moved into CastleCourt in September 2014 when they took a 6,000 sq ft unit. However, after seeing strong sales over the course of the last two years, they are moving into a unit that is nearly four times the size of the original – totalling around 23,000 sq ft, making them an anchor tenant within CastleCourt.
The extensive additional space in the new unit will see Toys “R” Us become a full service store with the full range of stock available across the Toys “R” Us range and the popular Babies “R” Us range.
In addition to being much larger the new unit is located in a key strategic part of the shopping centre – on the upper mall level and close to the entrance to the multi-storey car park. CBRE and Savills acted on behalf of CastleCourt whilst Mason Partners acted for Toys “R” Us.
Colin Mathewson, senior director of Retail, CBRE commented:
“We are delighted to see Toys “R” Us expanding within CastleCourt which shows real signs of growth through a period that has been tough for a lot of retailers within Belfast City Centre. The retail environment is clearly improving with consumers spending again.”
Paul McMahon, centre director, CastleCourt added:
“The fact that a leading brand such as Toys “R” Us is looking to expand after two years in the shopping centre and to such a key unit will benefit both the city and CastleCourt. This is a clear indication of the strength of the footfall within the Centre and the success of our overall tenant mix.”
Mike Coogan, Marketing and eCommerce Director from Toys “R” Us said:
“Our position at CastleCourt Shopping Centre has always been excellent. The move to a larger unit is on the back of strong results and a demand from our shoppers for a wider selection of toys and games in-store.
“We have invested considerably to ensure the experience of our store for children, as well as their parents, lives up to the image of the Toys “R” Us brand. We look forward to continuing our relationship with CastleCourt going forward.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 165 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, business rates and compulsory purchase, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.