Primaris REIT has negotiated replacement tenant deals for six former Toys R Us stores spanning approximately 145,000 square feet. Higher rents are anticipated, with tenants expected to take possession during 2027. The article also examines Old Navy at Dufferin Mall and Jumbo at Vaughan Mills.
Tsawwassen Mills marks 10 years as Central Walk expands the 1.2-million-square-foot centre with TM Wander, recreation and entertainment uses. A roughly 30,000-square-foot H Mart anchor is also targeted to open around Christmas 2027.
Julie Bourgon, Head of Retail, Canada, said the landlord is looking at its mall assets in a different way with plans to capitalize on density while bringing in new concepts to its properties to increase productivity.
Atlantic Canada’s largest enclosed shopping centre could see significant changes under new ownership as Ivanhoé Cambridge divests more retail assets after an internal shakeup.