Bayfield Realty Advisors
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Expansion & Remerchandizing

Garden City
Shopping Centre

Sold

Garden City Mall was acquired as a ~290,000 sf well-performing enclosed mall anchored by Canadian Tire and Winners, and shadow-anchored by Sears. Throughout the course of our ownership, culminating with the closure of Sears, we identified a number of value-enhancing scenarios that ultimately led to Garden City becoming a 375,000 sf dominant destination anchored by Canadian Tire, US-based specialty grocer Seafood City, Michaels, Winners and Goodlife.

Expanded a 290,000sf enclosed mall to a 375,000sf grocery-anchored mall

Purchased vacant Sears’ shadow-anchor and established a multi-tenant expansion

Estimated NOI increase of ~140%

More on

Intensification

Intensification

Opportunistic Market Timing

Opportunistic Market Timing

Redevelopment

Redevelopment

Strategic Transformation

Strategic Transformation

Greenfield Development

Greenfield Development

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Bayfield Realty Advisors Inc.
40 Eglinton Avenue East, Suite 300
Toronto, Ontario M4P 3A2

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  • Who We Are
    • About
    • Leadership
    • Bayfield News
  • What We Do
    • Management Principles
    • Asset Management
    • Property Management
    • Construction & Development Management
    • Lease Origination & Management
  • What We Did
    • Our Accomplishments
    • Redevelopment
    • Intensification
    • Market Timing
    • Greenfield Development
    • Strategic Transformations
    • Expansion & Remerchandizing
  • Portfolio
    • Portfolio Summary
  • Leasing
  • Our Impact
  • Contact Us