Crosstree Real Estate Partners, the London-based private real estate investment firm, has signed Whole Foods Market, BasicNet and an unnamed global corporate at its prestigious One Twenty King’s Road development in the heart of Chelsea.
The greenest new development in Chelsea, Crosstree has transformed the formerly redundant and out-of-date Kings Walk Shopping Centre into a prime landmark mixed-use development featuring distinct heritage architecture by Squires & Partners. The development has increased the net area from 55,00sq ft to 84,000sq ft across a more varied mix of uses, including retail, office and leisure space.
On the ground floor and basement, Whole Foods Market, the American multinational supermarket chain owned by Amazon, has signed a 15-year lease to occupy 21,000sq ft. The brand is creating a flagship store for Chelsea that will serve the substantial local catchment.
BasicNet, the apparel, footwear and accessories group, has signed a 10-year lease to occupy 6,500sq ft of prime King’s Road retail. Its store will showcase legendary outerwear brand K-WAY, fashionista trainer brand Superga, and heritage leather shoe brand Sebago, alongside each other.
In addition, Crosstree has let 37,000sq ft of office space to a single global corporate occupier on floors 1-4. Complete with its own private entrance off of Tryon Street, the dramatic space includes arched windows along the King’s Road, and a 1,650sq ft external terrace on the 4th floor overlooking the Royal Hospital and many other London landmarks.
