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Bayfield Realty Advisors Announces Acquisition of a 70% Interest of Confederation Mall

Monday, October 27, 2014

TORONTO, ONTARIO–(Marketwired – Oct 27, 2014) – 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.

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2300 Yonge Street, Suite 904
Toronto, Ontario M4P 1E4

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  • About Bayfield
    • Our Board
  • Our Portfolio
    • Portfolio Summary
  • For Investors
    • Our Investment Strategy
    • Stabilized Properties
    • Development Properties
  • Our Team
  • News
  • Contact Us