CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield secured the lease of a new My Auchan store in Teixeira Duarte’s real estate project in Benfica, Fábrica 1921

12/04/2022

With completion scheduled for the end of 2022, Fábrica 1921 is a mixed-use development project consisting of residential and retail units. The development is the result of the conversion of the former facilities of Fábrica Simões & Cª into a new project that aims to create a new landmark in the city. 

Located in the center of Benfica, Fábrica 1921 is only a few minutes away from the city center, with excellent accessibilities and served by an extensive public transport network. 

This My Auchan store is located at 1921 Street Market, the new avenue that will be created as part of the development. The objective is to implement a new retail destination, combining local retailers that already exist on Estrada de Benfica and Avenida Gomes Pereira with new concepts that will start their operations in the development. 

This new My Auchan unit is part of the wider brand’s strategy to open proximity stores in large urban areas, helping to reinforce the neighborhood offer and print the character of convenience.

In this deal, Cushman & Wakefield acted on behalf of the owner, Teixeira Duarte. According to Sandra Belo, Associate in the retail department at Cushman & Wakefield, “Follow market trends and understand current consumer needs were key to implement the new 1921 Street Market concept. One of the main goals, was to guarantee that some services and convenience retail met the demand of residents and consumers, and we believe that this My Auchan unit fits the purpose.”

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.

MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS