Regina's retail vacancy rate declined to 2.87% in 2015 due to absorption of space in enclosed malls. Vacancy is highest in North Regina at 4.5% and lowest in North West Regina at 0.86%. Retail space has been added through developments like Cornwall Centre, Canterbury Gardens, and Shoppes on Hamilton. South Regina vacancy fell to 1.84% due to the redevelopment of Golden Mile Shopping Centre and the former Canadian Tire space. East Regina vacancy declined as Victoria Square Shopping Centre absorbed over 70,000 square feet of space.
Neha Assudani ,B.Sc-Interior Design+2 years diplomadezyneecole
Commercial Design Diploma Programme Portfolio where the student has devised designs based on theconcept of Geometry
The space planning areas by the student are restaurant design ,retail design and office design.
Commercial design of Dezyne E'cole College is asper the NSDC QP aligned course as per the Industry Specification
It is appalling that small and medium sized players in the AEC industry are still commissioning for 2D outputs. It is high time to transform and Adopt BIM. Become eligible to bag the best projects and supercharge your organizational value with BIM. For more information visit http://www.hitechcaddservices.com/bim/ or email us on: info@hitechcaddservices.com
Downtown Cleveland Alliance’s work helped continue momentum in the region’s employment capital and fastest growing residential neighborhood. Office tenants and retailers alike continue to seek out locations close to Downtown’s rapidly increasing population of millennials and baby boomers. Q1 highlights include:
• Major employers like Spero-Smith Investment Advisors and Fox Sports Ohio announcing moves from suburban
locations to Downtown Cleveland
• DCA member Benesch recommitting to Downtown, becoming the first announced office tenant for nuCLEus, a planned $300 million mixed-use development in Downtown’s Gateway District
• Demand for downtown Class A office space out-pacing demand for suburban locations
• The grand opening of Heinen’s, Downtown’s largest grocery store, in the historic Cleveland Trust Rotunda, leading an influx of 15 downtown retail commitments
• 97 percent occupancy rate in market-rate apartments, with more than 400 additional residential units projected to
come online in 2015
Shopping Mall to Town Center: CBL Properties' 5-Step Approach to RedevelopmentCBL Properties
At CBL Properties, we are responding to the evolving retail market by actively executing against our redevelopment strategy. This SlideShare explains how we are transforming our properties from traditional, enclosed malls into suburban town centers by shrinking and strengthening our retail footprint and adding new, market-driven uses that resonate with the community.
Pinkberry and Hamilton's Sofa & Leather Gallery Sign Retail Leases at Village...Village at Leesburg
Pinkberry, a nationwide, franchised frozen yogurt storeand Hamilton’s Sofa & Leather Gallery, a regional fine leather and furniture store, have signedleases for retail space within Village at Leesburg, a 1.2 million square foot mixed-use project positioned near the intersection of VA Route 7 and Crosstrail Blvd.
Update on the factors driving Industrial Commercial Real Estate in the Inland Empire of Southern California. Excerpt from Western Real Estate written by Nathan Bragg, Commercial Real Estate Broker, Director RE/MAX Time Commercial Real Estate Division
Retail Cities Asia Pacific: The Fast Fashion Retail RaceJLL
As fast fashion brands race to Asia Pacific, we investigate the key “Retail Cities” in the region. For more Asia Pacific Retail stories visit http://www.joneslanglasallesites.com/ap-retail-cities/
Neha Assudani ,B.Sc-Interior Design+2 years diplomadezyneecole
Commercial Design Diploma Programme Portfolio where the student has devised designs based on theconcept of Geometry
The space planning areas by the student are restaurant design ,retail design and office design.
Commercial design of Dezyne E'cole College is asper the NSDC QP aligned course as per the Industry Specification
It is appalling that small and medium sized players in the AEC industry are still commissioning for 2D outputs. It is high time to transform and Adopt BIM. Become eligible to bag the best projects and supercharge your organizational value with BIM. For more information visit http://www.hitechcaddservices.com/bim/ or email us on: info@hitechcaddservices.com
Downtown Cleveland Alliance’s work helped continue momentum in the region’s employment capital and fastest growing residential neighborhood. Office tenants and retailers alike continue to seek out locations close to Downtown’s rapidly increasing population of millennials and baby boomers. Q1 highlights include:
• Major employers like Spero-Smith Investment Advisors and Fox Sports Ohio announcing moves from suburban
locations to Downtown Cleveland
• DCA member Benesch recommitting to Downtown, becoming the first announced office tenant for nuCLEus, a planned $300 million mixed-use development in Downtown’s Gateway District
• Demand for downtown Class A office space out-pacing demand for suburban locations
• The grand opening of Heinen’s, Downtown’s largest grocery store, in the historic Cleveland Trust Rotunda, leading an influx of 15 downtown retail commitments
• 97 percent occupancy rate in market-rate apartments, with more than 400 additional residential units projected to
come online in 2015
Shopping Mall to Town Center: CBL Properties' 5-Step Approach to RedevelopmentCBL Properties
At CBL Properties, we are responding to the evolving retail market by actively executing against our redevelopment strategy. This SlideShare explains how we are transforming our properties from traditional, enclosed malls into suburban town centers by shrinking and strengthening our retail footprint and adding new, market-driven uses that resonate with the community.
Pinkberry and Hamilton's Sofa & Leather Gallery Sign Retail Leases at Village...Village at Leesburg
Pinkberry, a nationwide, franchised frozen yogurt storeand Hamilton’s Sofa & Leather Gallery, a regional fine leather and furniture store, have signedleases for retail space within Village at Leesburg, a 1.2 million square foot mixed-use project positioned near the intersection of VA Route 7 and Crosstrail Blvd.
Update on the factors driving Industrial Commercial Real Estate in the Inland Empire of Southern California. Excerpt from Western Real Estate written by Nathan Bragg, Commercial Real Estate Broker, Director RE/MAX Time Commercial Real Estate Division
Retail Cities Asia Pacific: The Fast Fashion Retail RaceJLL
As fast fashion brands race to Asia Pacific, we investigate the key “Retail Cities” in the region. For more Asia Pacific Retail stories visit http://www.joneslanglasallesites.com/ap-retail-cities/
Retail Cities: Asia Pacific’s Dynamic Food and Beverage Scene JLL
Asia Pacific’s diverse and vibrant F&B culture shows no sign of slowing with a strong outlook for the sector. In this issue we explore how International and homegrown retailers are responding to consumers new dining desires. This issue highlights sweet treats in Hong Kong, healthy choices in Singapore, celebrity chefs in Indonesia, coffee in South Korea and CBD living in Auckland. For more Asia Pacific Retail stories visit http://www.joneslanglasallesites.com/ap-retail-cities/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Rams Garden Bahcelievler - Istanbul - ListingTurkeyListing Turkey
Implemented by Rams Global in Bahcelievler, the Rams Garden Bahcelievler Apartments includes 796 residences of different types from 2+1 to 5+1.
Next to the project, which will have 33 thousand square meters of green area, there will be 42 thousand 300 square meters of woodland. There will also be a 210-meter-long pond in the landscape of the project. There are 94.5 square meters of green space per flat.
Rams Garden Bahcelievler Apartments, which has 8 times more green space than the average of Istanbul with its 33 thousand square meters of green area located within a total of 75 thousand square meters, offers various housing options from 2+1 to 5+1.RAMS Garden has brought a lifeline to the construction industry.
Rams Global, which has signed projects in many places from Dubai to Phuket and delivered more than 20 thousand residences, is now starting new projects in Istanbul.
Rams Garden Bahcelievler is located 9 minutes from Metroport AVM, 5 minutes from Marmara Forum AVM, 12 minutes from Kazlıçeşme beach, 9 minutes from Yıldız Technical University, 7 minutes from Istinye University, 9 minutes from Ramada Hotel and Medicana Hospital.
https://listingturkey.com/property/rams-garden-bahcelievler-apartments/
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
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Find Land Survey Number View A Begur village Begur Hobli Bangalore The Revenue Department of Karnataka By The Survey Sketch Made Citizen Simple Easy to Find Survey Number,s
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Dynamics 365 Bid Management for Construction ProjectsDynamic Netsoft
This PDF provides a straightforward guide to using Dynamics 365 for efficient bid management in construction projects. Learn how to streamline processes, improve accuracy, and enhance productivity with practical tips and step-by-step instructions.
https://dnetsoft.com/dynamics-365-bid-management-software
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
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Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
2. 2 Research & Forecast Report | Fourth Quarter 2015 | Regina Retail Market | Colliers International
Regina Retail Market
After an increase in vacancy in 2014 to 3.80%, Regina’s
vacancy has dropped to 2.87% in 2015. The largest single
factor in this decline is the absorption of space primarily
in enclosed malls, as two of the largest spaces have
found new tenants. Whereas in 2014 38% of vacant
space was in enclosed malls, that number has fallen to
17%. Regina’s North retail zone has the highest vacancy
at 4.5%, which is virtually unchanged and North West
Regina remains the tightest market at 0.86% vacancy.
Over the course of the year Regina added just under
150,000 square feet to the retail inventory.
Central
Despite a significant rise in the office vacancy rate in the
central business district, the retail sector has, in contrast,
flourished with a number of new restaurants and pubs. In
the spring of 2015 Dr. Coffee’s Café opened and in the
summer of 2015 The Capitol and Famosa opened and
Malt City opened in the fall of 2015 with additional
restaurants planned for 2016. At the same time the
downtown has also drawn in other retailers and service
providers hoping to benefit from the increased
commercial activity.
Vacancy Chart
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
Central
Northwest
North
East
South
Central Northwest North East South
VACANT (SQ. FT.) 116313 12092 52436 82052 38778
TOTAL (SQ. FT.) 3376562.988 1408673.7 1164735 2784113 2109189
Regina’s most active enclosed mall, the Cornwall Centre,
continues to be a dominant player in the market.
Currently the Cornwall Centre is at nearly full tenancy
and continues to add new retailers regularly; in 2015 the
mall added Dynamite and Zumiez. Just outside
downtown, the second phase of Canterbury Park’s mixed
use development, Canterbury Gardens, added nearly
24,000 square feet of new space which has been largely
leased to a variety of tenants.
One of the largest developments in downtown Regina is
the new Shoppes on Hamilton in the recently completed
Agriculture Place. This high quality, street-level retail
development will provide additional inventory to the
reinvigorated Hamilton St. Though tenants have yet to be
announced, this space will likely appeal to national
retailers who prefer to operate in urban cores with high
quality street presence.
South Regina
Regina’s south-end continues to be a strong component
of Regina’s retail market. Though the south end of Albert
St has lost some of the prominence it had long-held,
vacancy continues to be a very low and turnover is
limited. An example of the continuing popularity of South
Albert is the purchase of Petro-Canada’s land at
$1,465,000 or $50 per square foot. Additionally,
Sherwood Co-op had demonstrated its preference by
paying above market prices for the A&W to the north and
Plum Garden to the south of its existing gas bar.
The vacancy rate in the south fell from 4.85% in 2014 to
merely 1.84% in 2015. This can be directly attributed to
two major developments. Firstly the old Canadian Tire
space is re-purposing to fit Regina’s first Save-on-Foods.
Secondly, the Golden Mile Shopping Centre is undergoing
Central Northwest North East South
Vacant SF 116,313 12,092 52,436 82,052 38,778
Total SF 3,376,563 1,408,674 1,164,735 2,784,113 2,109,189
3. 3 Research & Forecast Report | Fourth Quarter 2015 | Regina Retail Market | Colliers International
a significant alteration which will see a 92,000 square
foot Superstore added to the centre of the mall. Later
phases will see the redevelopment of the existing Extra
Foods into multiple retail spaces, bringing the mall’s total
size to 255,000 square feet.
West of Albert Street, Grasslands remains the major
location of new retail development in Regina. This site by
Harvard Developments continues to expand, albeit with
smaller units than seen in the previous year. In 2015
space was added for Lammle’s Western Wear, Canadian
Brewhouse, CIBC, McDonald’s and others. In total,
Grasslands added approximately 35,000 square feet of
new retail space. Work is underway on Regina’s first
DSW and a new location for Brown’s Social House. The
other significant development is a mixed-use complex
under construction in the Urban Village, which will
include street-level retail and three floors of residential
above.
East Regina
Over the past decade or so, East Regina has become the
central focus for retailers in Regina. The largest amount
of retail development has occurred here and retailers
continue to focus on the area. The current big box
development at Grasslands in South Regina is primarily a
function of the limited amount of land available in East
Regina. Land is priced at a premium and commands up to
$2 million dollars an acre or $45 per square foot.
Vacancy in the east has fallen from 5.29% 12 months ago
to 2.95% in Q4 2015. The single greatest factor is the
significant amount of space absorbed by the Victoria
Square Shopping Centre. In 2014 the mall had over
70,000 square feet available and as of Q4 2015 it has
approximately 7,000 square feet. Over the past year
Goodlife Fitness and Premium Label Outlet entered the
Regina market and occupied 33,439 SF and 9,850 SF
respectively. Additionally, JYSK and Mark’s relocated and
absorbed a substantial portion of the mall’s vacant space.
The majority of the available space in the east can be
found at these vacated spaces and other speculative
space which suffer from less visibility and poor access.
One of the final areas of prime development land began
construction in 2015. Choice REIT’s property along the
edges of Superstore on Price of Wales is well underway
with a projected completion date of Q2 2015. The full
development includes 55,000 SF of new retail space and
is currently under construction. The new development
will include a number of national restaurant and retail
players.
Further development in East Regina has been hampered
by a lack of developable land. Sherwood Co-Op expanded
its carwash facility by 11,000 SF, and also along Victoria
Ave, the Kouros family developed Saskatchewan’s first
Carl’s Jr restaurant on an old Esso site. Another notable
change was the closure of Regina’s only Future Shop and
its redevelopment into the YMCA’s third facility in the City.
Major expansion of the East retail will occur as the
planned developments further east along Victoria Ave
come to the market. Tower Crossing, scheduled for 2017,
and Aurora are two of the major power centers planned.
The new neighbourhood of The Towns will include a retail
component and Revera plans to include 25,000 square
feet of retail along Arcola Ave.
North West Regina
The North West sector maintains its status as the tightest
retail sector in the city. Though the vacancy rate is up
slightly to 0.86% from 0.59%, there is very little space
available as only just over 12,000 SF is vacant. Though
there is plenty of land in the Rochdale/Pasqua corridor, it
has largely been left undeveloped.
The major expansion in North West Regina was Choice
REIT’s Superstore property which recently completed
construction of Rochdale Crossing, a 46,000 SF complex.
This site includes a number of national tenants including
Shopper’s Drug Mart, Scotiabank, Montana’s and others.
Vacancy Graph
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
2007
2008
2009
2010
2011
2012
2013
2014
2015
9,000,000
9,200,000
9,400,000
9,600,000
9,800,000
10,000,000
10,200,000
10,400,000
10,600,000
10,800,000
11,000,000
Inventory Vacancy
4. 4 Research & Forecast Report | Fourth Quarter 2015 | Regina Retail Market | Colliers International
As of Q4 2015 the project is 94% leased. Elsewhere in the sector there are a number of proposed developments
awaiting construction. Directly north of the recently completed Comfort Suites on Diefenbaker Dr. is Armour Crossing
which proposes up to 130,000 square feet of space. Another significant development is Capital Crossing and a 75 acre
mixed use Development surrounding Capital Ford and Capital GMC. On Dewdney Ave to the East, plans for Westerra
which include just under 500,000 square feet of retail at Horizons continue to move forward.
Forecast
2016 should see Regina’s retail market continue to perform strongly. While other markets are seeing vacancy rise and
rental rates fall, retail continues to perform solidly. Colliers predicts that retail rates and vacancy rates will remain
relatively steady with moderate absorption as very little speculatively built properties are scheduled for 2016.
In the central core of the city, the Cornwall Centre will remain a core asset and we expect some major retailer
announcements along with the expansion into the Havik building and the potential redevelopment of Sears’ space in the
coming years. Likewise we expect smaller, local retailers to continue to look at downtown space as part of the overall
revitalization that has occurred over the past few years. Overall new retail development is primarily focused on large-
scale power centres combined with some local, neighbourhood retail centres. In total, plans call for over 3,000,000
square feet of retail to be developed over the next decade.
Notable Lease
Dewdney Ave E
Victoria Ave
RingRd
Victoria Ave
UniversityParkDr
QuanceSt
PrinceofWalesDr
Arcola Ave
Broadway Ave
College Ave
BroadSt
AlbertSt
Notable Lease Transactions
ADDRESS - TENANT NAME SIZE (SF)
1. 1420 Albert St - St. John’s Music 5,000
2. 1711 Badham Blvd - Richard’s Beauty College 6,602
3. 1825 Victoria Ave E - YMCA 18,319
4. 312 University Park Dr - Quan’s Hot Yoga 2,272
ADDRESS - TENANT NAME SIZE (SF)
5. 2101 Quance St - Wok Box 1,500
6. 2406 Victoria Ave E - Point Flex Dance Company 4,133
7. 3279 Quance St - Elizabeth’s House of Hosiery 2,400
8. 3735 Quance St - Leopolds Tavern 2,700
Notable Lease Transactions
1
2
4
3
5
6
7
8