retail real estate market

Reshaping the vacant Targets stores in Niagara

Seaway Mall Target photo via Welland Tribune When Target pulled out of Canada early this year, commercial real estate landlord’s across Canada were left with major retail vacancies. In Niagara, this translated to vacancies at St. Catharine’s Pen Centre, Welland’s Seaway Mall and Niagara Falls’, Morrison commercial park. Last week it was announced that Walmart would be leasing the vacant space at...

Staples merger represents change for retail real estate market

Big news in the commercial real estate market: the office stationery retail business won’t be the same. In a deal announced on February 4, 2015, Staples will acquire Office Depot in a $6.3 billion deal. The businesses currently rank #1 and #2, respectively, in the office supplies market. The office supply retail market has undertaken several transformations over the years and this deal represents a...

Compare listings