Operating since 2018, Toronto-based Urban Reform Realty Inc. is expanding its brokerage into Atlantic Canada. The location of the Atlantic office has yet to be confirmed, though Adam Tenwolde, formerly with Killam Apartment REIT will be heading up the Urban Reform Realty eastern office. (Adam Tenwolde – 902/448-8387 [email protected])……..
Last week, the Retail Council of Canada announced that Walter Lamothe, President, CEO of Bentley & Co Ltd. will be honoured with the Lifetime Achievement Award, that will be presented at RCC’s Excellence in Retailing Awards Gala on May 28th in Toronto. A retail veteran with a career spanning over four decades in the Canadian retail sector, Lamothe receives the special recognition that is part of the Excellence in Retailing Awards of Distinction program that recognizes outstanding individuals who have made significant contributions to the retail industry. “Walter’s illustrious and long career serves as a testament to his steadfast dedication to the Canadian retail industry,” noted Diane J. Brisebois, President & CEO of Retail Council of Canada. “His ability to navigate through challenges with resilience and creativity, coupled with his passion for innovation, are undeniable proof of his unwavering commitment to excellence. And even through the COVID-19 challenges, Walter extended a lending hand to RCC and our team, always ready to help support the industry and our hard-working retail employees across Canada. We have all benefitted from his kindness and generosity!” The Excellence in Retailing Awards Gala will close the first day of RCC STORE 24, Canada’s biggest retail conference on May 28 to May 29. (Retail Council of Canada – www.retailcouncil.org)………..
Calgary-based Decibel Cannabis Company Inc. reports that it has closed the previously announced sale of the assets of its bricks & mortar retail cannabis operations, Prairie Records, to Fire & Flower Inc., a wholly-owned subsidiary of 2759054 Ontario Inc. dba FIKA, for approximately $3-million(Cdn). Prairie Records is comprised of three cannabis stores in Alberta and three cannabis stores in Saskatchewan. (Decibel Cannabis Company Inc. – www.decibelcc.com)………
Last week, Salthill Capital announced its acquisition of Carrefour de la Seigneurie, a grocery and pharmacy anchored retail centre in Blainville in Quebec. Carrefour de la Seigneurie is an 80,000 square foot open centre anchored by IGA, Dollarama and Pharmacie Brunet, located in the growing north shore suburb. Salthill’s Marc Boudreau is handling the leasing for the centre. (Marc Boudreau – [email protected])…….
Have a great week and stay safe…………..