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I guess it depends on how much renovation they do but I think retail would struggle in these buildings. It would almost have to act like an industrial mall of sorts. |
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Uhaul seems to make sense as the location they have now is not ideal. Either of these locations would have ample parking and storage and is close to the highway. Can't see they will convert these into multiple retail units given the configuration and that there are already several vacant, smaller retail units available down there. |
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Amazon is possible, but they're not even close to this level in Halifax yet, so probably too soon. Ikea is also unlikely. We could get a pick-up location here maybe, but not an actual store. |
Former Princess Auto
"Former Princess Auto building in east end of St. John's sold to Conception Bay North grocery distributor"
https://www.saltwire.com/newfoundlan...tor-100745982/ |
I think we all know that the most likely outcome for all these buildings is office space. Realistically there isn't any retail store that will be able to utilize that large amount of space. Ikea isn't happening, and I would assume that Amazon will be happy using Halifax as their Atlantic Canadian regional hub.
Princess Auto being bought by Atlantic Grocery Distributors could be interesting. They could use the space as a Powell's, or the could just use it as a warehouse lol. |
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Ikea
Details of new IKEA concept store with planned openings across Canada. I can see demand for one in metro.
https://retail-insider.com/retail-in...erview-photos/ |
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www.IKEA.ca Ron. |
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An appointment to go to a small store with an order screen? Yeah or I can order online and have it sent to the designated pickup point.
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I noticed some activity in the space next to Dollarama on Ropewalk Lane today. Does anyone know what’s on the go there?
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Not sure where this fits but there was more information on who bought the old Costco and Target buildings this morning. KMK partnered with eye surgeon Dr Chris Jackman to purchase both buildings.
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Does anyone know what’s going on with Zellers?
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“Included in the new rollout will be physical Zellers stores within existing Hudson’s Bay department store locations in Canada, as well as a website that will include a marketplace component.” https://retail-insider.com/retail-in...any-exclusive/ |
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