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Sitings News July 2011

July 1, 2011

Sitings Realty has launched its new website at www.sitings.ca. Visit the site to see Sitings’ fresh new look and view our tenant representation, past and current project leasing, development projects and more.

Davids Bridal To Open Three More Locations

Davids Bridal Store Exterior

After the successful Canadian launch of David’s Bridal in Mississauga & Scarborough, Ontario, David’s Bridal has opened a second location in Toronto.

The US-based retailer offers competitive prices on bridal gowns, bridal party attire, special occasion dresses, reception items, and more.

David’s Bridal is seeking sites Canada-wide in the 7,000 – 10,000 SF range.

For more information please contact:
Stephen Knight (Western Canada): 604-628-2575, stephenk@sitings.ca
Dan Clark (Eastern Canada): 604-628-2577, dan@sitings.ca

BC Liquor Stores Joins UBC's Wesbrook Village

Wesbrook Village "Mews"Sitings Realty has completed a deal with BC Liquor Stores for a 4,800 SF store at Wesbrook Village.

The Village as located at 16th and Wesbrook Mall at the South entrance to UBC, an intersection with over 20,000 vehicles, 24,000 transit passengers and 1,400 pedestrians each day.

At completion, approximately 25 retailers in over 70,000 SF of retail space will make Wesbrook Village not only the new town centre for UBC, but a neighbourhood shopping centre for Vancouver’s affluent Westside.

The Wesbrook Village neighbourhood will also feature 5.5 million SF of residential units and 20,000 SF of office space on site.

A new high school and community centre are also part of the Village. Thunderbird Stadium, Thunderbird Arena, and the UBC athletic complex are immediately North of the site.

Target Users:

  • Travel agency
  • Nail salon
  • Fine meat shop
  • Medical clinic
  • Other specialty retail and service tenants

View Wesbrook Village brochure and site plans.

For more information contact:
Nick Fisher (nick@sitings.ca, 604.628.2581) or Dan Clark (dan@sitings.ca, 604.628.2577)

New Westminster Station Seeking Tenants – New Westminster, BC

NYoutube Fly-Through Videoew Westminster Station will integrate 200,000 square feet of retail space with the New Westminster SkyTrain Station, the New Westminster Bus terminal, and three towers consisting of 750 residential units in an Urban Transit Village. Completion is scheduled for Fall 2011.

New Westminster has a trade area of 103,398 people and is expected to grow to 110,619 by the year 2012. In addition to the residents living on site, 250,000 people pass through this Skytrain station on average per week.

Retail space is available in the 600 SF – 10,000 SF range. Professional office space is available in the 600 SF – 1,100 SF range.

Anchors:
Safeway, Landmark Cinemas, Shoppers Drug Mart

Confirmed Tenants:
RBC, Sedation Dental, CIBC, TAG Liquor Stores, A&W, Extreme Pita, Megabite Pizza, Bread Garden, Flight Centre, Westland Insurance, Starbucks, Wind Mobile, International News, Ardene, Mobilicity, Nestle Toll House, Togo Sushi, Subway

View brochure and site plans.

For more information please contact Dan Clark (dan@sitings.ca, 604-628-2577).

Aaron's Lease-To-Own Seeking Western Sites

Aarons StorefrontAaron’s (www.aarons.com) is the US leader in lease ownership of furniture, consumer electronics, home appliances and accessories.  Founded in 1955, Aaron’s has been publicly traded since 1982.

Offering affordability plans to the mid-range income consumer, Aaron’s enables customers with poor or no credit to afford home furnishings and electronics on monthly payment plans.

There are over 1,900 company-operated and franchised stores across North America.

ACI Holdings Inc. DBA Aaron’s is seeking 6,000 – 9,000 SF sites in small, medium, and large markets in Western Canada.  Stores tend to be found in strip centres and stand-alone buildings near major shopping areas.

For more information please contact: Dan Clark (dan@sitings.ca, 604.628.2577)

Salisbury Gate Seeking Tenants - Sherwood Park, AB

YouTube - Salisbury 250 pxSalisbury Gate is the next phase of the highly successful Wye Road Crossing to be developed in Sherwood Park, Alberta. Sherwood Park is an affluent suburban community in Edmonton with an average household income of $137,339. With a 3% annual growth rate, Sherwood Park is expected to be home to 100,000 people by 2015.

Salisbury Gate is at the entrance to The Village at Sherwood Park, a 50-acre sustainable urban community which will combine living, recreation, and over 200,000 SF of retail including signature fashion, restaurants, and services. The Village at Sherwood Park will also include 1 ,250 multifamily homes at build out.

Area tenants include Safeway, Save-On-Foods, Wal-Mart, Rona, London Drugs, Canadian Tire, and more. Wye Road has daily traffic of 30,000 VPD.

Set for completion in 2012, Sitings is seeking a 5,000 SF restaurant pad user and tenants for 16,000SF of small shops. View Salisbury Gate Brochure & Site Plans.

For more information please contact Stephen Knight (stephenk@sitings.ca, 604.628.2575).

Mucho Burrito Seeking BC Sites

Mucho Burrito Store Front Mucho Burrito Fresh Mexican Grill opened its doors this April on Davie Street and Burrard Street in downtown Vancouver. This is its first Vancouver location and second location in BC.

Mucho Burrito is a banner under the Extreme Group of companies. Other banners include Extreme Pita and PurBlenz Pure Fruit Smoothies. The restaurant offers a gourmet spin on Mexican cuisine using fresh ingredients, succulent slow-cooked meats, and daily-prepared salsas and guacamoles.

Openings are scheduled for 601 West Broadway in Vancouver (2, 160 SF), Langley, and Abbotsford in the coming months. Mucho Burrito is seeking BC locations from 1,680 -2,400 SF.

Other Extreme Group banners: Extreme Pita is seeking BC locations from 680-1,200 SF. PurBlenz is seeking 1,000 SF BC locations.

For more information contact:

Nick Fisher (nick@sitings.ca, 604.628.2581) or Dan Clark (dan@sitings.ca, 604.628.2577)

Michaels Deal Announcements

Michaels

Michaels, the number one arts & crafts retailer in North America, will soon open its doors in Etobicoke, Ontario and Prince Albert, Saskatchewan.

The Texas-based retailer’s new urban format stores have an improved look over the previous generation of stores. These urban stores, such as their new store on West Broadway in Vancouver, serve dense residential areas with strong daytime populations.

Micheals is seeking sites in Western Canada in the 17,500 SF-21,000 SF range. Currently there are over 1,000 Michaels locations across North America.

For more information please contact Stephen Knight (stephenk@sitings.ca, 604.628.2575).

Ricky's & Fatburger Seeking BC Sites


Ricky's & Fatburger Storefront
Sitings is pleased to announce the completion of 3 deals this year on behalf of Ricky’s All Day Grill and Fatburger Restaurants:

  • 4,600 SF Ricky’s All Day Grill restaurant at  090 Lougheed Highway in Coquitlam (Edgar Developments), opening 2012
  • 2,000 SF Fatburger at 1090 Lougheed Highway in Coquitlam (Edgar Developments), opening 2012
  • 2,000 SF Fatburger at Central at Garden City in Richmond (Smartcentres), opening 2013
  • 1900 SF Fatburger at High Street in Abbotsford (Shape Properties), opening 2013

Fatburger is an iconic fast-paced burger restaurant that features a broad variety of cooked-to-order big juicy hamburgers, chicken sandwiches, turkey and veggie burgers, salads, and best-anywhere milkshakes. The atmosphere is very upbeat and showcases open kitchens and very clean upscale facilities. The majority of Fatburger locations are licensed for beer and margaritas. Fatburger targets locations from 1 ,000 to 2,000 SF in major retail nodes. Fatburger is an iconic fast-paced burger restaurant

Ricky’s All Day Grill is famous for its breakfast menu but also serves an extensive lunch and dinner featuring ribs, chicken, steaks, pasta and other home-style offerings. Ricky’s is now rolling out dual-branded units in 3,500-6,500 SF locations that combine the Ricky’s and Fatburger concepts. There are now over 60-plus Ricky’s and 17 Fatburger Restaurants in Canada. There are 12 Ricky’s and 15 Fatburger’s currently under development-by December 2012, Ricky’s and Fatburger will have 100-plus locations combined.

For more information contact:

Nick Fisher (nick@sitings.ca, 604.628.2581) or Dan Clark (dan@sitings.ca, 604.628.2577)

UBC's University Boulevard Site Leased to Scotiabank

The former RBC site at University Boulevard on the UBC Campus has been leased to Scotiabank. Sitings Realty handled the releasing of the unit for client UBC Properties Trust.

Millstream Village 100% Leased

The former A&B Sound location at Millstream Village in Victoria has been leased to Visions Electronics. Sitings Realty handled the releasing of the 12,000 SF unit for client GWC Realty Advisors Inc.