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Skechers USA Ltd acquire new head office in St Albans

Skechers USA Ltd have satisfied their search by acquiring a new head office in St Albans. They have taken an assignment of a lease from Premier Foods on CT3 Centrium, St Albans, expiring in June 2017. Simultaneously, they have negotiated a new reversionary lease from the landlord, TH Real Estate, commencing in June 2017 for 10 years.

The building totals 16,500 sq ft on ground and two upper floors. The tenant will pay the passing rent for two years followed by the reversionary lease at a market rent, along with a market rent free period.

Compton Rose acted for Skechers USA Ltd, Brasier Freeth & Bidwells for Premier Foods and Hanover Green for the landlord, TH Real Estate.

This press release intended for trade press only. Please do not redistribute. Issued by Henderson Real Estate Asset Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Henderson Real Estate Asset Management Limited provides investment products and services.


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