The Fragrance Shop takes 190,000 sq ft at Trafford Park
The perfume retailer will occupy the recently completed Metro 190, an industrial scheme developed by logistics developer PLP and Legal & General’s Industrial Property Investment Fund.
The Frangrance Group will relocate from its current headquarters on Acheson Way next summer when the internal fit-out of the 190,000 sq ft unit completes.
The lease length was not disclosed.
“As a Greater Manchester-based business, it’s always been important to us to stay in the area where we have grown, developed and flourished,” said Sanjay Vadera, chief executive of The Fragrance Shop.
Metro 190, built by Readie Construction, is located at Trafford Park six miles from Manchester city centre.
During construction, Readie used ground granulated blast-furnace slag within the concrete as well as steel with a higher recycled content to achieve greater on-site embodied carbon reductions, the developers said.
Metro 190 has an ‘excellent’ BREEAM rating and was designed to be net zero in operation. Other carbon-cutting technologies within the development include air source heat pumps and more than 6,000 sq ft of solar panels.
Keith Wilson, development director at PLP, said: “The team have worked extremely hard in a very difficult construction environment to deliver a fantastic development that we can all be proud of.
“We are also delighted that Metro 190 has achieved such significant on-site carbon reductions, and we look forward to achieving higher savings on future projects as we and our supply chain identify new ways to reduce construction carbon.”
PLP is a specialist UK logistics and industrial property firm owned by the Peel Group and investors Mira Real Estate, Ivanhoé Cambridge and PLP’s senior management team.
Tim Packer, assistant fund manager at IPIF, said: “Leasing this building so quickly to such a successful and exciting occupier fully endorses our decision to speculatively develop this facility.
“Achieving BREEAM ‘excellent’, as well as reducing the embodied and operational carbon of our assets, are crucial parts of LGIM Real Assets strategy to deliver net zero carbon across its commercial real estate portfolio by 2050 or sooner.”
Savills and Avison Young are leasing agents for Metro 190.
