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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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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