ING Real Estate's£50 million Dalton Park outlet scheme in the Northeast opened on April 10, with a tenant line-up including Marks & Spencer, Next, Joseph, Furla, Adidas, Kurt Muller and Petroleum.
The outlet and leisure park is set in 33 ha of landscaped parkland to the east of Durham on the A19. Rentals in the scheme are based on a turnover rent with a£323 per sq m base and a top-up of 13 per cent of gross turnover.
ING project director Mark Owen said: 'The fact that we have almost fully let Dalton Park on completion is an indication of the commercial success of this scheme. Our ability to attract retailers who have not previously traded in this part of the UK demonstrates the unique nature of this development.'
Lambert Smith Hampton and Allen Hodkinson are agents for the leisure element. Pantheon Retail Ltd is undertaking the asset management.