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TK Maxx backs expansion with new warehouse

Expanding retailer TK Maxx is to create 900 jobs at a new warehouse centre at Lymesdale Park near Newcastle-under-Lyme in Staffordshire.

Colliers CRE has acquired 23,600 sq m (254,036 sq ft) at the park on behalf of the discount fashion retailer, on a design-and-build basis. Terms have been agreed on a 15-year lease.

TK Maxx has also recently signed a 10-year lease on a 7,180 sq m (77,287 sq ft) former C&A warehouse at Rochdale greater Manchester.

Retail Week 10/08/01 page 25

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