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Avison Young

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Calgary Retail Market Remains Stable Amid Evolving Demand, Avison Young Reports

Mario Toneguzzi -
Calgary’s retail sector shows steady growth driven by population gains, evolving consumer trends, and limited new supply. Avison Young highlights strong tenant demand, rising rents, and the impact of childcare and leasing reforms.
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Edmonton retail market shows strength amid changing trends, Avison Young reports

Mario Toneguzzi -
Despite evolving market dynamics, Edmonton's retail sector remains resilient with strong tenant demand, rising consumer spending, and steady development. Avison Young highlights key trends shaping the city's retail future.
News

Avison Young completes lease of Panda Mart’s 1st Canadian location as global retailer enters North American market

Mario Toneguzzi -
Avison Young announced the lease of 120,000 square feet at 768 Warden Avenue in Scarborough, marking the entry of Panda Mart into the Canadian market.
News

Avison Young helps Home Depot find 183rd location in Canada in Fort McMurray

Mario Toneguzzi -
The 80,000-square-foot Home Depot building is anticipated to open in Q2/Q3 2026 and will employ approximately 150 associates
News

Smaller grocery stores gain ground in Calgary amid population growth

Mario Toneguzzi -
While Calgary's population has surged by 48% since 2008—from 1.1 million to 1.68 million people—grocery store space hasn't kept up with the demand.
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Calgary’s retail market booms as vacancy rates fall

Mario Toneguzzi -
Calgary's population growth remains the highest in the country, driven by international immigration and interprovincial migration.
News

Edmonton’s retail market sees robust growth and positive outlook for the future

Mario Toneguzzi -
Vacancy rates for Edmonton are on the decline, particularly in the suburbs – with a shift toward more urban, mixed-use concepts.
News

Canadian Port Strikes Disrupt Supply Chains: What Businesses Can Do to Mitigate Future Risks: Avison Young

Retail Insider -
The 2024 East Coast and West Coast Canadian port strikes bring supply chain disruptions, putting 70% of Canadian container traffic on hold.
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Lost miles: the cold storage challenge in North America’s grocery supply chain

Mario Toneguzzi -
The lack of adequate cold storage facilities near large urban centres often leads to redundant transportation, with products traveling back and forth between locations
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Empty Retail Spaces Transform into Entertainment Hubs as Shopping Centers Evolve: Avison Young

Retail Insider -
Shopping centres are adapting to retail sector changes by repurposing vacant spaces, particularly former department stores, into diverse entertainment, leisure, and technology-driven experiences to attract visitors and boost engagement.
News

Ali Baker of Avison Young Discusses What’s Happening in Canadian Retail, and What’s to Come [Video Interview]

Retail Insider -
Craig and Ali discuss the significant shifts in the retail industry, including suburban vs downtown retail leasing and what's to come as consumer habits shift during a challenging time.
News

Video Interview: Canadian Retail Foot Traffic On The Rise

Mario Toneguzzi -
An Avison Young rep talks about how retail foot traffic was up in Canada during the Black Friday period, how Edmonton and Vancouver led major centres in the country, why foot traffic is increasing and what it means for the holiday shopping season.
News

Edmonton Seeing Retail Revival as Vacancies Plummet and Consumers Return: Avison Young

Mario Toneguzzi -
Edmonton's demographics and market dynamics are attractive to US retailers and foodservice businesses looking to expand, and the city has an advantage over Calgary for several reasons according to an expert.
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Video Interview: Todd Throndson Discusses Downtown Calgary Retail as Office Workers Return

Mario Toneguzzi -
The Managing Director of Avison Young in Calgary discusses the future of the downtown core including vacancies and the impact of foot traffic after pandemic struggles.
News

In-Person Retail Traffic Rebounds Substantially in Canada from Year Prior: Avison Young

Mario Toneguzzi -
Consumers are returning to stores after staying away because of the pandemic, and the newest variant could again change things.
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How a Shopping Centre in Wetaskiwin Is Being Repurposed Amid a Changing Retail Landscape

Mario Toneguzzi -
The shopping centre property strategy involves shifting gears to a mix of uses beyond just retail.
News

Why Canadian Landlords are Innovating by Adding Broader Food & Beverage Options

Retail Insider -
Jason Schouten, Principal at Avison Young, discusses the appetite for the trend.
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