Brookland Property Acquires the Flagship Centre, Bangor
Wilson Nesbitt Partner Drew Nesbitt (Real Estate), with firm Partner; Neil Logan (Banking) and solicitor Izabela Treacy (Real Estate), have advised Brookland Property on the acquisition of the Flagship Centre, Bangor, Northern Ireland.
150,000 sq ft shopping centre &
430 space multi story car park
The 150,000 sq ft shopping centre and 430 space multi story car park, which was built in 1993, and has been closed for two years. The centrally located scheme presents a landmark regeneration opportunity for the team at Brookland Property, and the Bangor town community. The locally based developer has transformational intentions for the substantial asset, with plans due to be announced before the end of the year.
Commenting on the deal, Ricky McLarnon (Director, Brookland Property);
“I remember the Flagship Centre as a vibrant part of the town, we are confident with the right investment and vision, this economic and social contribution will return.”
Important local asset
Drew Nesbitt commented;
“Brookland Property has a clear vision for the Bangor Flagship Centre scheme, and we look forward to working closely with them to help them to redevelop this important local asset”.
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