Quote:
Originally Posted by YOWetal
I think Beechwood was always a bit marginal and now it will be very marginal. Now probably something like East Market where there was very limited use for ground level retail. We see fairly low rent businesses that come and go. Basically builders needs to budget a lower return on this part of the building. Low rent will keep some of this retail competitive. The landlords can hope for deep pocketed Stabucks LCBO etc but only so many of those to go around.
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All things considered (especially its location issues not the least of which is the Salvation Army nearby) the East Market has done impressively well for itself in terms of attracting and retaining ground floor retail.