The directors of Barton Square Limited have hired agent Savills to sell the redeveloped retail and leisure destination in Trafford Park, Greater Manchester after being approached by a number of interested bidders.
Investor interest has been driven by the lease-up opportunity which has attracted a range of high-profile operators following Barton Square’s multi-million-pound transformation and the opening of a two-storey Primark store last year.
Intu spent around £75 mln to revamp the asset and add an additional 110,000 sq ft of leisure and retail space in a project that completed in March last year.
Barton Square Limited has run the centre since owner Intu went into administration, with work underway to reinvent the centre in response to changing visitor and tenant needs.
Savills has been hired to advise on the leasing, strategic advisory, project management and property management at Barton Square, including managing its sale.
