Hines and Peterson Group have signed a long lease with Carrolls Irish Gifts, for 6-8 College Green, which is part of the newly redeveloped Central Plaza in Dublin city centre. One of the country’s leading giftware retailers, Carrolls operates 19 stores in Dublin, Belfast, Cork, Galway, and Kilkenny and an extensive online platform. Previously associated with serving mainly the international tourist sector, in 2020 Carrolls broadened its focus towards the domestic market and since then the business has successfully built strong interest with Irish consumers as an attractive destination to satisfy all gifting and homeware needs.
Prior to this new lease Hines worked with the Hang Tough Gallery to facilitate a highly successful pop-up Irish art exhibition at this location called Páipear, which received wide acclaim.
Carrolls has leased the 10,000ft² store at 6-8 College Green and fit-out is to commence immediately with the intention to open in Q3 2023. The new store comprises - ground floor (3,778ft²); lower ground (2,131ft²) and first floor (4,026ft²) and will serve as the new Dublin flagship store for the Carrolls brand.
Brian Moran, Senior Managing Director at Hines commented: “We are delighted to announce this significant retail lease for Central Plaza. Carrolls is a highly successful Irish retailer and its arrival will enhance this dynamic part of the city even further. 6-8 College Green is an impressively modern double-aspect building fronting onto College Green and Anglesea Street, offering highly versatile floor plates, and a double-height entrance lobby with wonderful natural light throughout thanks to impressive new 6-meter-high window panels that create a strong connection to the busy streetscape at its door. This is a highly desirable retail space, and we expect it to meet the tenant’s requirements in every respect.”
Peter Hyland (CEO) from Carrolls said: “This is a very important milestone for Carrolls and will represent our largest ever store opening in Ireland. 6-8 College Green will be a superb location and flagship store for our growing business, and we are very excited to be opening. This store will be filled with amazing Irish gifts from our growing Irish supplier base which now stands at over 75%. This modern light-filled building will help consolidate our position as a leading retailer of Irish giftware with both our growing domestic and international customers and we very much look forward to opening our doors on College Green during the summer of 2023.”
