C&W Echinox Brokered the Lease of 7,300 sqm of Space in Agora Mall in Arad
The retail team of Cushman & Wakefield Echinox advised the developer of Agora Mall Arad (formerly Galleria Arad), which officially reopened on August 28, after a renovation and repositioning process. As part of this, approximately 7,300 sqm of commercial space were leased to brands such as Senic, Numero Uno, Hada, 18Gym, Maxi Pet and Kamalion.
“The retail sector in Romania remains dynamic, and regional cities such as Arad offer solid growth potential. With a significant increase in the surface area of modern retail spaces this year, but also considering the plans announced by developers, this segment continues to be an essential driver of investment and development in the local real estate market,” says Dana Radoveneanu, Head of Retail Agency, Cushman & Wakefield Echinox.