Author Archives: admindevand

Pre-Leasing in Brampton…….

Barbara Kless and Michael Saperia at The Behar Group Realty are pre-leasing a new plaza development at Queen St. East at Beaumaris Dr. in Brampton, Ontario.  A freestanding Starbucks Coffee and a strip of about 6400 square feet will be available for October 2019 and an adjacent 15,270 square foot strip will be available for Summer 2020.  Available for all retail uses, commercial and institutional uses, including a daycare with an outdoor area, units will start at about 750 square feet and can be combined. Approximately 20,000 vehicles pass the site daily on Queen St. East and pylon signage will be available.  Over 38,200 people are living within a three kilometre radius and the daytime population is over 29,800.  The average household income within one kilometre is in excess of $114,800 per year.

The Behar Group Realty Inc., 1170 Sheppard Ave. West, Unit 24, Toronto, Ontario M3K 2A3 Tel: 416/636-8898 (Barbara Kless – ext -240 bkless@thebehargroup.com) & (Michael Saperia – Ext 229 msaperia@thebehargroup.com)

 

 

New Ways to Surprise……

A brand that most will recognize, Johnnie Walker last week opened a new flagship experiential retail store on Calle Serrano in the fashionable Barrio de Salamanca district in Madrid, Spain’s central capital city.  Promising to become a destination for Scotch lovers, whisky novices and tourists, the store features a wide variety of immersive experiences, including whisky appreciation classes and tastings designed to help people explore the world of Johnnie Walker and Scotch, choose from a special collection and purchase some of the rarest and most exceptional single malts from which Johnnie Walker is crafted and explore limited edition curated collaborations exclusive to the new store.  "We're always looking for new ways to surprise and engage our customers and this kind of experiential Johnnie Walker flagship store does just that,” explained John Williams, Johnnie Walker Global Brand Director.  “It also adds a sense of fun and discovery to shopping and is a whole new way of experiencing the diversity and rich heritage of Johnnie Walker."   The launch of the new retail experience follows the announcement of a £150-million investment in Scotch whisky tourism by Diageo throughout Scotland.  The brand is preparing to celebrate its 200th anniversary year in 2020.  Will there be a flagship store in Canada by then?  Only time will tell.  Based in London, England, Diageo plc is a publicly traded owner of several brands of alcoholic beverages including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

 

 

Diageo plc – London, England (www.diageo.com)

 

New Banner in Ottawa…….

In Summer 2019, George and Minas Kehyeyan, owners of the Monaco Jewellery Group will open a new banner jewellery store at the CF Rideau Centre in Ottawa.  The 1000 square foot Maison Monaco, the group’s first location outside of Quebec, will feature quality fine jewellery along with Swiss-made watches by Longines, Gucci, Chopard, Tissot, Hamilton, Rado, etc. The group will also be opening an adjacent 500 square foot Omega Boutique specializing in the Omega brand of luxury watches and timepieces. Monaco Jewellery Group is a 23-year old company with about twelve stores in the Montreal and Quebec City areas as well as in St. Jerome and Gatineau areas. Positioned in the larger enclosed malls, the stores operate under the Bijouterie Sirena and Bijouterie Monaco banners.  The company also operates a Swarovski location in LaSalle in Montreal and a Swarovski par Monaco in St. Bruno in the South Shore area.  Richard Gareau at Groupe Immobilier R. Gareau Inc. is responsible for the group’s real estate requirements.

 

 

Groupe Immobilie Gareau – 1290 Van Horne Ave., Suite 407, Outremont, Quebec H2V 4S2 (Richard Gareau – 514/274-8140 richard@groupegareau.com)
Monaco Jewellery Groupwww.monacogroup.ca)

Serving a Diverse Community……

Stephen Yu at First Capital Realty is marketing up to 10,000 square feet of new development at the Chartwell Shopping Centre in Toronto’s east quadrant. The centre is located at Brimley Rd. and Huntingwood Dr., just minutes from Hwy 401.  The 160,000 square foot project offers a diverse mix of tenants, including a 50,000 square foot Bestco Foodmart, one of the first Asian grocers in the city, along with Dollarama, Miniso, Global Pet Foods, CIBC, BMO, etc.  With a reputation for services, conveniences and ample parking, Chartwell Shopping Centre serves a multicultural community of over 357,100 people in a five kilometre radius.  Over 31,000 vehicles pass the site daily.

Click here for more information

 

First Capital Realty Inc., 85 Hanna Ave., Suite 400, Toronto, Ontario M6K 3S3 (Stephen Yu – 416/216-2394 stephen.yu@fcr.ca)

 

Positioned for Holiday Season……

For its second quarter that ended in late September, Indigo Books & Music Inc. reported total comparable sales growth of 0.7 percent, including both online sales and comparable store sales. Revenue for the second quarter was $216.3-million(Cdn) compared to $224.6-million(Cdn) for the same period last year.  The decline in sales was driven by the closure of a few low performing stores and renovations in twelve stores as the company continues to transform its retail operations. Online sales continued to grow, both in books and general merchandise. Since fiscal 2017, Indigo has renovated 17 locations and will complete another eight by the end of fiscal 2019.  "In this quarter, we continued to invest aggressively to transform both our retail network and our online environments to deliver the best customer experience in the market, enriching our customers' lives and making Indigo their happy place,” stated CEO Heather Reisman.   “While this massive transformation has a temporary impact on sales and profitability, we are energized by our customers' response as our reimagined stores continue to generate impressive revenue and contribution growth.  We feel uniquely positioned to attack the crucial Holiday season ahead."   Subsequent to the end of its second quarter, Indigo Books & Music opened its first U.S. location, a 30,000 square foot location at The Mall at Short Hills in New Jersey.  It was immediately followed by the chain’s 29,000 square foot flagship location on Robson St. in Vancouver.

 

Indigo Books & Music Inc., 468 King St. West, Toronto, Ontario M5V 1L8 (800/832-7569 www.chapters.indigo.ca)

 

 

Continued SK Growth…….

Earlier in November, Loblaw Companies Ltd. opened three more Real Canadian Liquor Store locations in Saskatchewan.  These openings follow the early October opening of the first Real Canadian Liquor Store in the province in Yorkton in Southeast Saskatchewan. "We've had an incredible response to the increased convenience and choice the Real Canadian Liquor Store offers since it opened in Yorkton,” said David Harrington, Vice President, Loblaw Companies Ltd.  “We are excited to bring the new store model to more customers in the province."   The new stores are at the Real Canadian Superstores at 2055 Prince of Wales Dr. in Regina, at 411 Confederation Dr. in Saskatoon and at 30 Thatcher Dr. East in Moose Jaw.  Each store offers a broad assortment of more than 300 types of spirits, 500 varieties of wine, and 300 beer and cider options. Continuing its commitment to local sourcing, the Real Canadian Liquor Store locations will dedicate shelf space to Canadian producers, in order to increase access for local suppliers. Loblaw Companies operates about 30 Real Canadian Liquor Stores in Alberta.

 

Loblaw Companies Ltd., 1 President’s Choice Circle, Brampton, Ontario L6Y 5S5 (www.realcanadianliquorstore.ca)

 

 

Arrives in TO……

The Vancouver-based Virtuous Pie chain of quick casual restaurants featuring a 100 percent plant-based handcrafted Neapolitan-style pizza and ice-cream, is opening its first location in Toronto this month.  Its latest location is a 1560 square foot street front unit at 611 College St. in Toronto’s Little Italy neighbourhood. Taking a ‘hand-crafted’ approach to its menu, much of what it serves is made in-house, including its exclusive nut cheeses, three-day dough and creamy plant-based ice cream. And the pizzas are made in six minutes or less.  Introduced Vancouver’s Chinatown area in September 2016, the company followed with its second unit in the Hosford-Abernethy neighbourhood in Portland, Oregon. Then in early 2018, the company returned to Vancouver opening a 2000 square foot end cap location with a patio on Shrum Lane in UBC’s Westbrook Village.  The Toronto location is the chain’s fourth location and is now looking to expand both in Eastern Canada and in the United States targeting high traffic sites in progressive urban centers.  Depending on the market and availability, the restaurants will operate in 1200 to 2400 square feet and patios are welcomed.  Eric Walker at Cushman & Wakefield has been retained to handle the site selection.

 

 

Cushman & Wakefield, Suite 700 - 700 West Georgia St., PO Box 10023, Pacific Centre, Vancouver, British Columbia V7Y 1A1 (Eric Walker – 604/608-5998 eric.walker@ca.cushwake.com)
Virtuous Pie, 583 Main St., Vancouver, British Columbia V6A 2V1 (604/620-0060 www.virtuouspie.com)

 

Growth by Expansion & Acquisition……..

Since its introduction in Avalon Mall in St. John’s in Newfoundland over 30 years ago, Bentley as become recognized as the destination retailer of luggage, travel accessories, backpacks and business bags all across the country.   With its knowledgeable service and quality lines from over 75 major brands ranging from Adidas, Buffalo, Bugatti, Strellson, Under Armour, etc., including its own private label, the product offering is designed to fill every luggage and accessory need, from avid explorer to business traveller and from kindergartener to university student. Over the years, the company has grown through a combination of expansion and acquisitions and now operates over 280 stores across Canada and growth continues.  The company has retained Jim Murdoch and Roula Bchara at Oakmont Real Estate Services as its exclusive real estate representative throughout Canada.  In addition to an ongoing renovation program, Bentley opens a limited number of stores in all markets each year. The stores are generally in the enclosed malls along with some open centres.  Depending on the market and availability, the Bentley stores will operate in units from 1000 to 2500 square feet.

top_bannerCategory:  Luggage, Personal Leather Goods, Travel Accessories
Chain Banner: Bentley
Company Name: Bentley Leathers Inc.
Head Office Address: 6125 Cote de Liesse Rd., Montreal, Quebec H4T 1C8
Tel: 844/341-3789                         Fax:
Email:
onlineservice@bentleygroup.com       Website: www.shopbentley.com
Principal Use:
Luggage, handbag, small leather goods and related accessories.
Introduced:   Started in 1987 in St. John's, Newfoundland, Bentley has become the largest luggage and travel accessories chain in Canada.
No. of Locations: Over 280 locations in Canada
Areas of Operation:
Canada
Types of Locations Preferred:
Malls, Open Centres
Size Required:
1000 to 2500 sq.ft.
Special Requirements:
Business Type:
Corporate
Company Contacts:
Walter Lamothe – President, CEO
Real Estate Representatives:
Oakmont Real Estate Services, 1000 St. John’s Blvd., Suite 203, Pointe Claire, Quebec H9R 5P1 (Jim Murdoch – 514/831-2001 jim@oakmontrealestateservices.com) & (Roula Bchara – 514/998-6431 roula@oakmontrealestateservices.com)
Franchise Representatives:
Parent Company:
Related Retail Chains:
Last Report:
Developers & Chains #1804

 

 

 

 

 

 

Anchors in SK Mall……

Buy-Low Foods will be taking a 29,775 square foot anchor position in the Kindersley Mall in Kindersley in west central Saskatchewan.  The store is expected to open before the end of the year.  It is the grocery chain’s second location in the province.  Presently there is one Buy-Low Foods in Tisdale in Northeast Saskatchewan and the remainder of the stores are in British Columbia and Alberta.  Operating since 1966 and part of The Jim Pattison Group since 1995, Buy-Low Food is reportedly the largest food wholesale distributor to independents in Canada.  In addition to servicing nearly 1800 supermarkets, convenience and specialty stores, operates its own chain of about 22 stores in Western Canada specializing in quality foods at low prices.  In addition, in September, a 40,330 square foot Peavey Mart took the anchor position at the opposite end of the 145,000 square foot community mall.  Based in Red Deer in Alberta, Peavey Mart is a chain of about 38 stores in in the four western provinces specializing in a selection of agriculture, farm and ranch, pet, work wear, lawn and garden, hardware and homesteading supplies.  Kindersley Mall is owned by Toronto-based Strathallen Capital.

 

 

Buy-Low Foods – 19580 Telegraph Trail, Surrey, British Columbia V4N 4H1 (604/888-1121 www.buy-low.com)
Peavey Industries – 7740 – 40th Ave., Red Deer, Alberta T4P 2H9 (888/202-4679 www.peaveymart.com)

Monitors Reaction & Enters PEI……

For the three months that ended in late September, system sales in the 758 restaurants in the Pizza Pizza Royalty Corp. royalty pool was $138.5-million(Cdn), a drop of 0.4 percent from $139-million(Cdn) in the comparable quarter a year earlier when there were 751 restaurants in the pool.  Same unit sales were also down by 0.8 percent compared to the third quarter a year ago. During the third quarter, the average customer check increased while the customer traffic count decreased. The average customer check initially increased in the first quarter as a result of increasing retail prices to partially offset provincial minimum wage increases. Management is closely monitoring consumer reaction to retail pricing strategies.  "In the third quarter, additional value offerings and our new Cauliflower crust pizzas gave the brands stronger sales momentum when compared to the second quarter,” said Paul Goddard, CEO, Pizza Pizza Ltd.  “We look to build on this positive momentum in the fourth quarter, which historically, has been our strongest sales quarter."   During the third quarter, Pizza Pizza Ltd. opened its first traditional Pizza Pizza restaurant at 527 Sixth St. in New Westminster in the Vancouver area marking the start of the franchise’s planned expansion across the greater Vancouver area. Two additional restaurants are scheduled to open later in the year.   During the quarter, Pizza Pizza opened four non-traditional locations, in addition to opening one Pizza 73 traditional restaurant. Two traditional and seven non-traditional Pizza Pizza restaurants were closed during the quarter.  After the close of the third quarter, On October 30th, Pizza Pizza entered the Prince Edward Island market with its first location.  The freestanding unit is at 364 University Ave. in Charlottetown. And before the end of the year, Pizza Pizza locations are scheduled to open in Montreal, Union Station in Toronto, Brampton and Jackson’s Point.  Pizza is also in the midst of a renovation program with approximately 100 locations per year targeted for the new fresh look.  Pizza Pizza is known for its ‘hot and fresh’ pizza, made with quality ingredients, and an assortment of options along with a variety of appetizers and sides such as Canadian-farm raised chicken bites and wings raised without antibiotics, freshly-prepared salads, etc. The franchise offers dine-in, pick-up, or delivery services. The Pizza Pizza locations are generally in a 1400 to 1600 square foot range with about 20 feet of frontage.  Highly visible urban street corners and plaza end cap sites are preferred for the 16 to 20 seat restaurants.  Patios are welcomed. Jeff Weinman, Pizza Pizza’s Director of Real Estate added that Connor O’Keeffe at Jones Lang LaSalle in Vancouver is handling site selection in British Columbia and Kevin Fortier and Martine Theriault at Lexia Real Estate are responsible for the real estate activities in Quebec.

top_bannerCATEGORY:   Quick Service Restaurant
Chain Name:  Pizza Pizza
Company Name: Pizza Pizza Ltd.
Mailing Address:  500 Kipling Ave., Toronto, Ontario M8Z 5E5
Tel: 416/967-1010 & 800/265-9762     Fax:
Email:
  feedback@pizzapizza.ca                       Website: www.pizzapizza.ca
Menu Specialty: Pizza
Introduced:   Opened at Wellesley and Parliament streets in Toronto in late 1967
No. of Locations: Over 750 locations in Canada including about 100 trading under the Pizza 73 banner.
Areas of Operation:  Canada
Types of Location:  Urban streets, Plazas, etc.
Business Type (corp., franchise, jv):  Franchise
Size Req’d:  Pizza Pizza - 1400 to 1600 sq.ft., Pizza 73 – 1000 to 1200 sq,ft.
Special Requirements::  Minimum 20 ft frontage, Visibility, Traffic, Convenient access. End caps, Corners.
Contact Name: Paul Goddard – President, CEO
Curtis Feltner – CFO, Sen. Vice President, Finance
Alyssa Huggins – Vice President, Marketing
Sebastian Fuschini – Sen. Vice President, Franchising
Paul Methot – Sen. Vice President, Operations
Jeff Weinman – Director, Real Estate
REAL ESTATE REPRESENTATIVES: (British Columbia) Jones Lang LaSalle, 355 Burrard St., 14th Floor, Vancouver, British Columbia V6C 2G6 (Connor O’Keeffe – 604/628-4339 connor.okeeffe@am.jll.com)
(Quebec) Lexia Real Estate, 2085-C, Marie-Victorin, Varennes, Quebec J3X 1R3 (Kevin Fortier – 514/603-9155 kevin@lexiaimmobilier.ca) & (Martine Theriault – 514/713-9764 martine@lexiaimmobilier.ca)
FRANCHISE REPRESENTATIVES:
PARENT COMPANY:
Pizza Pizza Royalty Corp., Toronto, Ontario

Related Chains: Pizza 73
Last Report:
Developers & Chains #1804

 

 

 

 

 

 

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