Categories: Headlines

London’s Burlington Arcade for Sale

London’s high-end retail center, Burlington Arcade in Mayfair, has been put on the market.

Owners Thor Equities and Meyer Bergman bought the arcade in 2010 for £104 million, reports the Retail Gazette.  With 37,000 square feet of retail space, the arcade houses high-end stores such as Bell & Ross, Maison Michael, The Vintage Rolex Watch Company, Ladurée and Chanel.

“The Burlington Arcade is a historical and architectural masterpiece, and one of the most renowned retail destinations in the world,” said Joseph Sitt, Thor Equities ceo. “With its magnificent redesign and new luxury tenants, the property will remain a treasured London destination for generations to come.”

Burlington Arcade is listed at £400 million.

amccorq

Recent Posts

Coach’s New Salt Lake City Store Features Fully Circular Surfacing

Designed by YourStudio, is outfitted with The Good Plastic Company’s revolutionary Polygood material

3 hours ago

See The Future of Architectural Lighting VENTRIX, the Ultimate Modular Linear Lighting System by WAC

The VENTRIX system is protected by many patents and patent applications

3 hours ago

Register Now for Shop! MasterClass: ‘Strategic Retail Innovation’ with Angela Gearhart

She'll share a step-by-step approach to solving the customer journey challenge

4 hours ago

Price Cuts Becoming More Prevalent: Report

Despite ongoing inflation, some retailers are offering deals to get shoppers in the doors

4 hours ago

Sam Ash Music Shutting All Stores

Century-old retailer has begun liquidation sales

14 hours ago

Floor & Decor Enters New York Market

Brooklyn flagship has 129,000 square feet

14 hours ago

This website uses cookies.