Menlyn's retail sector adds growth to Commercial Property Market.
Category Commercial Property News
The Menlyn area continues to grow with various expansions and developments, most notably around two sources Menlyn Shopping Centre and Menlyn Maine, the latter being a prime new mixed-use development. Menlyn shopping centre continues to make formidable waves within the shopping centre arena as it recently won two noteworthy awards last year. This is according to an article published off Eprop.co.za.
The mall has a long and illustrious history within shopping centres in South Africa and first opened its doors in 1979 and since then has seen various revamps which has turned the facility into one of Africa’s prime shopping experiences. From humble beginnings to one of the countries leading retail experiences leading the way, becoming a mecca for anyone with an inclination and desire to shop.
“Menlyn Park Shopping Centre in Pretoria stood out from the rest and was named the winner of the coveted Spectrum Award. The Spectrum Award celebrates retail excellence across all disciplines and sectors. It is a platform for recognising innovation, outstanding economic and creative achievements. This award is selected from all the Retail Design and Development Award category winners. Menlyn Park Shopping Centre was also the winner of the Renovation/Expansion category”. -www.eprop.co.za
This was apart of The 2017 SACSC Retail, Design and Development Awards (RDDA). This marks the opening of entries for the 2018 awards, where stakeholders within the industry can see how they fare within various facets of shopping experiences. Other categories within these awards include New Developments and an accolade for International shopping facilities. Ballito Junction situated on the North Coast of KwaZulu-Natal also bagged an award with the aforementioned New Development category and Menlyn Maine Investment Holdings (Pty) Ltd happened to also be involved alongside Flanagan and Gerard developers. This is an indication of the influence this Praetorian suburb is having on the rest of the country. Other shopping facilities that deserve mention include 011 Dainfern by The Baron – Dainfern Square Shopping Centre and Platz Am Meer Shopping Centre also managed to scoop two awards.
The retail sector is also spearheading growth within the commercial property market as well. One such company that recognises this growth is OfficePlace. They have 63 available properties for rental in the Menlyn area which all range in different size and statue to suit anyone's budget and office space needs. Menlyn Shopping and Menlyn Maine are creating a culture of commerce and the fact that so many of their commercial areas or nodes are closely situated to prime residential locations as well, makes it highly desirable for future tenants and business owners alike and a huge factor in why the area keeps growing exponentially year after year. This highly regarded property company has a huge interest in the various commercial epicentres of the country and Pretoria and Menlyn are noted to have massive credibility within both the commercial and industrial property sector.
It would seem there couldn’t be a better time to invest in the Menlyn area and with so many amenities such as Menlyn Park and Menlyn Maine it's becoming a hot commercial destination. Why not make your move to one of Pretoria’s most regarded suburbs as pain-free as possible by using the best in the commercial property industry? OfficePlace have the property solution for you, with vast experience in the market you really couldn’t be in better hands. Get in contact with one of their highly skilled brokers today and start your next office space out this highly regarded location close to other commercial epicentres within the sprawling Tshwane and Gauteng regions.
Author: OfficePlace Property Specialists
