Bayfield Realty Advisors Announces Acquisition of a 70% Interest of Confederation Mall
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/27/14 -- Harold Spring, President and CEO of Bayfield Realty Advisors Inc., is pleased to announce the acquisition of a 70% interest in the Confederation Mall Shopping Centre in Saskatoon, Saskatchewan for a gross purchase price of $33.6 million.
The acquisition will permit Bayfield to complete the balance of its redevelopment program with respect to the shopping centre which is expected to cost approximately $6 million. Confederation Mall is a 330,000 SF Tier 2 regional mall anchored by 3 brand new stores - a 130,000 SF Canadian Tire and Mark''s, a 50,000 SF Safeway supermarket and a 25,000 SF Winners. Additional renovations will include a new and expanded food court, new washrooms, storefronts, entrances and improvements to the exterior, common areas and facilities.
Contacts:
Bayfield Realty Advisors Inc.
Cemmie Green, LL.B
Partner, Acquisitions
416-227-1552
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Datum: 27.10.2014 - 13:55 Uhr
Sprache: Deutsch
News-ID 1313023
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TORONTO, ONTARIO
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Commercial Real Estate
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