Universities Superannuation Scheme (“USS”) – the trustee of the UK’s largest private pension scheme by way of assets – has signed two new high-profile tenants to the Grand Arcade in Cambridge.
British sports-fashion retail company JD Sports will be taking 14,200sq ft on the ground floor and basement. Meanwhile, national jewellery and watch retailer Beaverbrooks will take 2,500sq ft on the prime mall, with an adjoining luxury boutique with world-renowned Swiss watch brand TAG Heuer.
The news follows Charles Tyrwhitt relocating within the Grand Arcade as the multi-channel men’s clothing retailer has moved into a larger 1,250 unit on the ground floor, as the brand reaffirms its commitment to staying in the Cambridge area following a very successful year of trading.
The new arrivals will be moving into the prime mall area and will be adjacent to the likes of John Lewis, Apple, Mango and Skechers as the centre gears up for a busy summer with activations planned involving an independent exhibition made up of 500,000 LEGO bricks, and pop ups with Lola’s Cupcakes, as well as with the Cambridge Centre for Computing History, a local charity organisation and the Cambridge Science Centre, who will help with community outreach and providing educational engagement.
Martin Macwhinnie, Centre Manager for the Grand Arcade commented: “Our mission is to continue developing a prime retail mix, which meets the lifestyle choices of our customers and to continue styling Cambridge, so we’re delighted to be seeing a lot of renewed interest from prime retail brands in taking space at the Grand Arcade. These latest lettings of JD Sports, Beaverbrooks & TAG Heuer demonstrate our continued ability to attract the best national and international brands that our customers expect to find here.”
