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A SHOPPING centre in Bolton has been bought up by one of America s largest property firms in a landmark deal. Bolton Shopping Park, off Trinity Street, in the town centre has been bought by American real estate company Time Equities Inc (TEI) in a multi-million pound deal with London-based Greenridge Investment Management. Bolton Council says this confirms the town is now an attractive investment location for companies across the world. It is also being described as a strong vote of confidence in the town s regeneration plans going into the future. The shopping park has been a mainstay of town centre retail for many years, housing a Sainsbury s, Decathlon, TK Maxx, and more.
The reason a huge New York business decided to buy a shopping park in Bolton
The site has been snapped up in a massive £15.2m deal
Updated
Bolton Shopping Park, just outside the town centre, has just been purchased.
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This old shopping park on the outskirts of Bolton town centre has become the target for a huge global investor.