Another prominent acquisition confirmed for property firm

Property company North Star has bought a shop building in York City Centre, following other acquisitions in the city over recent months.

The York-based firm has acquired the building that currently houses TK Maxx in Coney Street, and it is exploring options for areas of the premises which are currently underused.

The 32,000 sq ft property has been a TK Maxx store since 2010 and was previously a Boots shop.

A North Star spokesman said: “This acquisition underlines our commitment and enthusiasm for York and heralds another major investment in the city.

“York is a tremendous place to live, work and invest and we will continue to back and support it wherever we can.  The future of the city is very exciting with some really positive plans for Coney Street and the wider area.”

North Star has recently been involved in high profile acquisitions with joint venture partners for a building on Clifford Street, the former Mecca bingo site on Fishergate, the former New Look shop on Parliament Street and is also helping to regenerate the former Gasworks site in Heworth.

Clarion acted as legal adviser for North Star in the Coney Street acquisition.

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