ACTIV Property Services brokered the lease of a new Starbucks location in Timisoara. The new space from Victoriei Square occupies 220 sq m.
„Our company has secured the best high street location in Timisoara for Starbucks, placed at the city’s ground zero, at Victoriei Square. The space offers an exceptional visibility towards the square market and the promenade area.
The process of identification and negotiation lasted 3 months, the high street availability in the area being very low. We are sure that Starbucks international brand will be the new attraction in the area, with potential to generate above-average sales. The high street area Victoriei Square is fully occupied, with a high demand that ensures fast space occupancy." Says Felicia Vasiu, Head of Timișoara Branch at ACTIV Property Services.
“Starbucks, the world's largest chain of coffee shops and also the main active player in Romania, approached us in order to expand its presence in Timisoara through the opening of a flagship unit in the historical center.” explained Valentin Manu, Head of Retail at ACTIV Property Services.
Victoriei Square is the main high street area in Timisoara, being located between the Opera and the Orthodox Metropolitan Cathedral. The area includes shops, restaurants and coffee shops, with promenade and leisure facilities. The tenant mix includes Starbucks, McDonald’s, KFC, dm, Meli Melo, pharmacies and banks.