Amsterdam,
20
June
2017
|
10:22
Europe/Amsterdam

Guess takes lease in completely refurbished Grote Marktstraat complex in The Hague

Fashion label Guess is set to open a store in the former V&D department store building at Grote Marktstraat 50 in The Hague. Guess has agreed a long-term lease with IEF Capital, a joint venture between Bouwfonds Investment Management and IEF (Inflation Exchange Fund). The retail space covers a surface area of approximately 210 sq. m. on the ground floor and around 230 sq. m. on the first floor.

The former V&D Department store building in The Hague is undergoing thorough renovation to create four retail units on the Grote Marktstraat side, the largest tenant being Hudson’s Bay. Hudson’s Bay is currently completing its renovation work. The Decathlon and Stradivarius stores are already trading.

In this transaction, Guess was advised by Brickstone Retail. CBRE represented the landlord IEF Capital.

About CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers from more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and guidance in property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; development services; investment management; and research and consulting. Please visit our websites at www.cbre.nl and www.cbre.com.