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Sitings News April 2006

April 1, 2006

As we roll into April, Sitings is pleased to keep you up-to-date with the latest news on our Tenants and Property Listings. We are excited to introduce our new tenants Liz Claiborne, Mexx, YZZA and Coast Wholesale Appliances. To discover more these tenants and receive up-to-date articles on our featured properties across Western Canada please continue reading.

Sitings Realty Offers Central City For Lease

Central City FrontSitings Realty Ltd. is proud to be working with Central City Shopping Centre on a revitalization plan to add large format retailers, lifestyle tenants and brand name restaurants to reposition the shopping centre as a new community icon. Exciting new retailers will absorb existing vacancy and inject renewed levels of activity into the mall.

Located in the fastest growing city in British Columbia, Central City is comprised of over 1,000,000 square feet of office space, 360,000 square feet of retail space, and in September 2006, will be the home of Simon Fraser University’s new Surrey Campus. With approximately 10,000 people working, studying, and shopping on site, Central City is destined to become the “Metrotown” of Surrey.

Five new residential towers under construction across the street, the centre’s proximity to Surrey’s main bus loop and two skytrain stations will add to the significance of Central City as a community hub.

The Sitings team is working in conjunction with Bentall Property Management and the executives at Central City to target a grand reopening for Fall 2008.

“Central City is located in one of Canada’s fastest growing cities, Surrey BC”

Tenant Representation for Western Canada

Liz Claiborne MexxYzza

 

Sitings Realty Ltd. is pleased to have been retained by Liz Claiborne Canada to handle leasing requirements for Mexx, Liz Claiborne, Yzza, Juicy, and Lucky brands in power

centres and street locations in Western Canada. Jodi Shapray Knight is the contact for these locations. Leasing inquiries for enclosed malls and properties in Eastern Canada can be directed to Nathalie Caron at JSM & Associates Inc.(514) 426-7989.

Liz Claiborne is a leading retailer in highend women’s fashion. Mexx is a lifestyle brand offering fashion and accessories for women, men, and children. Yzza is a newer concept catering to the fashion-forward baby boomer woman. Juicy is famous for their upscale track suits, and Lucky Brand focuses on denim and hip casual wear.

Mexx has over 30 stores, Liz Claiborne has over 20 stores, and Yzza has 4 stores in Canada.

Liz Claiborne and Mexx require 4,500 and 5,000 square feet respectively in major markets with strong fashion cotenancy. Yzza, Lucky Brand, and Juicy Couture will consider select urban locations.

Dollar Giant Expands Into The Ontario Market

Dollar Giant is now Dollar TreeDollar Giant has just celebrated the opening of its fourth store in Ontario. Late last year the company opened a store in Woodstock with First Pro Shopping Centres. Earlier this year, Dollar Giant opened at First Capital’s Brantford Mall and First Pro’s St Thomas Centre. Dollar Giant will be opening its fifth location at First Pro’s Argyle Mall in early May.

Owner/President Joseph Calvano has positioned Dollar Giant as BC’s best single price point retailer. With over 30 years of retail experience as vice president for K Mart’s Bargain Harold’s and President of Army and Navy Department Stores, Mr. Calvano has the track record and experience to take the Dollar Giant brand nation-wide. The company strives to give its customers a wide selection of everyday merchandise without having to worry about the price.

Dollar Giant is corporately owned and managed, and has 26 locations in British Columbia, 8 locations in Alberta and 4 in Ontario. Dollar Giant expects to be at 50 locations by the end of this year. For 2006 the BC interior region, Edmonton, Calgary, Greater Toronto, and South West Ontario will be priorities for future growth.

All stores require between 8,000 to 15,000 square feet of space in large format centres, street front, enclosed malls and strip centres.

Sitings To Represent Coast Alliances

Coast Appliances Sitings Realty Ltd. is pleased to have been retained by Coast Wholesale Appliances to assist with site selection and expansion within the Canadian market.

Coast Wholesale Appliances is Western Canada’s largest supplier of home appliances.

Coast Wholesale Appliances delivers complete appliance solutions with a wide selection of products, brands and superior service.

Currently Coast Wholesale Appliances has 12 branches across Western Canada, stocking over 15 major lines of appliances.

Stores require between 7,000 to 10,000 square feet of space in power centres in strong commercial markets across Western Canada.