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Pinkberry Opens on High Street

October 08, 2013

Last week, Los Angeles based, Pinkberry opened its 5th Canadian location at High Street, in Abbotsford, British Columbia. The store is 1200 sq.ft and is strategically situated on a corner, adjacent other top brands such as H&M, David's Tea, Starbucks, Purdy's, Booster Juice,…etc.

The Grand Opening of the store was a huge party. First, DJ Philharmonic brought the beat and got the large crowd moving. Then, Pinkberry, offered free frozen yogurt with toppings to all who came out. The evening was a great success.

Pinkberry is the original brand that reinvented the frozen yogurt category with its tart, light and refreshing taste and freshness. The company opened its first location in 2005. Today, there are 275+ Pinkberry stores in 19 countries.

Pinkberry is looking to expand in British Columbia. Markets of interest include Vancouver, Victoria, and Whistler. High pedestrian streetfront locations and open air centres are preferred. Stores size ranges from 800-1200 sq.ft.

High Street is an open air, 600,000 sq.ft, 3 level, regional centre. The property is owned by Shape Properties. High Street has approximately 90 stores and is anchored by Walmart Supercentre, London Drugs, Marshalls, Cineplex VIP, and H&M.

I'd like to thank Brain Nosko of Shape Properties for all of his help, efforts, and patience, throughout our negotiations. Brian and I worked together some time ago at Morguard. He is intelligent, hard working, and pleasure to deal with. A class act. He also did a fantastic job leasing up this centre. The powers that be at Shape should promote this man.

For additional information on Pinkberry, please visit their website at www.pinkberry.com and their Canadian Facebook page at www.facebook.com/PinkberryCanada.

Lole Draws 4000 People to Paris Event

September 12, 2013

Quebec-based women’s apparel brand Lolë took over Paris’ Grand Palais this weekend to host a massive community yoga session, drawing 4,000 white-clad enthusiasts of all ages (the largest yoga session ever held in France).

The event, which featured Opera de Paris string musicians and “First Lady of Yoga” Colleen Saidman Yee, is the first project from agency Sid Lee Entertainment, a newly formed joint venture between Sid Lee and Cirque du Soleil.

Click on the link below to see the AMAZING video:
http://www.lolewomen.com/ca/en//whiteyoga/2013/paris/

The Grand Palais event was the finale of Lolë’s White Yoga Tour, a series of emotional mass-audience yoga sessions in Canada, the U.S. and France. Since it launched in 2011, the tour has been a major success for the brand - this summer's session at Montreal’s Olympic Stadium drew over 5,000 people. The Toronto event held at Fort York Historic Site was attended by 2500 people.

Lole is owned by Quebec based Coalision Inc, who own several exciting brands including: Lole, and Paradox. Coalision Inc is owned by Kilmer capital (whose CEO is Larry Tanenbaum of Maple Leaf Sports Entertainment). In addition to Quebec, Coalision Inc operates offices in the US, France and Hong Kong. The company operates a total of 13 Lole stores in Canada, US, France and Switzerland.

Further, Lole has confirmed plans to open 7 locations in Canada in 2014, doubling their Canadian store count by the end of next year. The following provinces are targeted: Alberta, British Columbia, and Ontario. Lole will locate in super regional malls, downtown high street locations, and outlet centres. Size required 1250-1600 sq.ft.

We are also pleased to announce that the company is now prepared to open their 1st location in British Columbia.

If you're attending next week's ICSC conference in Toronto, I would invite you to visit Lole's newest location at 88 Yorkville Avenue.

Finally, for all of the information on Lole, please visit their website at www.lolewomen.com.

Watch Station International Opens at Toronto Premium Outlets

September 05, 2013

In early August, Watch Station International opened at Toronto Premium Outlets in Halton Hills, Ontario (25 miles west of downtown Toronto). The premises is 1,200 sq.ft. and is strategically situated adjacent other globally recognized brands such as Hugo Boss, DKNY, Coach, True Religion, Calvin Klein, Fossil, Ted Baker…etc..
 
All Watch Station International stores carry a wide array of classic timepieces from the world's top designer brands such as Michael Kors, Marc by Marc Jacobs, Emporio Armani, Michele, DKNY, Skagen, Karl Lagerfeld. Prices range from $200-$2500.
 
Toronto Premium Outlets is the company's 5th Canadian location. A 6th store has already been confirmed and will open next year in Ottawa, at Tanger Ottawa Outlets. By the end of 2013, there will be 75 Watch Station International stores in Asia, Canada, Europe, and the US.
 
Watch Station International continues to expand (outlet stores only) in Canada. The following cities are targeted for additional openings: Edmonton, Montreal and Vancouver. Size required is 1000-1200 sq.ft (with minimum width of 23.5 ft).
 
Toronto Premium Outlets is owned by Simon Property Group (joint venture with Toronto based Calloway REIT). The project was Simon's 1st in Canada and from all reports, it has been a phenomenal success. The centre continues to draw massive crowds, one full month after opening. Toronto Premium Outlets has 85 stores and a GLA of 375,000 sq.ft. Simon has announced a 2nd Canadian Premium Outlets that will open in Montreal, on November 1,2014.
 
Finally, I'd like to thank Brad Cole, Vice President of Leasing Premium Outlets\Simon Property Group, for all of his help and efforts throughout our negotiations of this transaction. Brad did a herculean job with Toronto Premium. First, while many of us Canadians have visited Woodbury Commons and Premium Outlet centres in Orlando and Las Vegas, the branded outlet centre format, with a high concentration of retailers offering made for outlet (MFO) merchandise, is somewhat foreign. Brad worked tirelessly to educate us on this cookie cutter styled project, which has been so successful throughout the United States and Europe. He was always highly responsive and effective. Second, his pre-lease of this project at 94% was absolutely OUTSTANDING. We are often told by landlords that their goal is to have 85% of the project open at Grand Opening. The rationale provided is that once prospective retailers see how strong the centre is performing at and following the opening, then landlords will secure commitments for these final spaces and at higher minimum rents than those achieved to prior to opening. I can write a blog all about Opening Co-Tenancy but will save this hot topic for another day. Notwithstanding, take this to the bank. Landlords who shoot for 85% often get less. Further, at Grand Opening, our clients sales projections presume that the property is fully leased - 100%. In addition to doing a great lease-up, Brad ensured Simon delivered big time with respect to co-tenancies. They said they would bring in top retailers such as Polo, Michael Kors, Coach, Restoration Hardware, Tory Burch, J Crew, Nike, Brooks Brothers, Hugo Boss, Fossil, Ted Baker…etc. And they did.
 
For additional information on Watch Station International, please visit www.watchstation.com.

Aroma Espresso Bar Steams Ahead to Montreal

September 03, 2013

Aroma Espresso Bar has tapped Montreal as the next step in their Canadian expansion strategy. Anat Davidzon, Operating Partner of Aroma Group Inc. confirmed recently, that the company has concluded a franchise agreement that will see several units open in Montreal over the next 3 years.
 
For the company's Quebec market entry, Aroma is targeting Montreal's downtown core. The company will consider high street locations and multi use towers. The size required is 1700-2250 sq.ft., plus terrace.
 
While Aroma is known for their gourmet coffees, their gourmet food offerings are freshly made on site, and combine global flavours and ingredients to create unique, innovative and healthy choices for discerning guests.  Aroma's breads and pastries are baked on-site in open kitchens, in full customer view. Aroma locations have a modern design with cutting edge décor that includes modern finishes, contemporary lighting, wi-fi and urban music.
 
Aroma was founded in Jerusalem in 1994. After opening 100+ locations in Israel, in 2006 the company opened their 1st international location in Soho, New York. The move into Canada came one year later where they quickly expanded to approximately 20 locations. Today there are  over 150 Aroma Espresso Bars operating in 6 countries.
 
I'd like to thank Sam Wertman, President of Retail Logic Realty Inc., for reaching out to us to assist on this exciting mandate. Sam has done great work with Aroma in the Greater Toronto market and we're pleased to collaborate with him.
 
For all of the Aroma news, please visit their website at www.aroma.ca.

Fossil Opens 1st Canadian High Street Location

July 29, 2013

In early July, Fossil opened a flagship location in the heart of downtown Montreal. The store is located at 1253 Saint Catherine Street and is the company's first Canadian high street location. The space is 2400 square feet and is strategically situated adjacent other globally recognized retail brands such as F21, A\X Armani, Lululemon, Oakley, Urban Outfitters, Guess, Apple…etc.

In other Fossil news, the company recently confirmed several new Canadian store openings. They include the following:

Yorkdale
Pacific Centre
Toronto Premium
Richmond Centre
Guilford Centre
Fairview Pointe Claire
Champlain Place
Tanger Ottawa Outlets


Fossil will end 2013 with twenty-five (25) Canadian locations.

The company is eager to open additional units in Canada and is prepared to expand in the following markets: Alberta, BC, Ontario, and Quebec. Size required is 1250-1500 sq.ft (full price) and 3000 sq.ft (outlets). Fossil stores open in super regional malls and outlet centres.

Further to the above, Fossil has its sights set on Toronto to add a flagship high street location in this market.

We'll have more exciting Fossil news to announce next month. Stay tuned for the exciting details.

In the interim, for all of the information regarding Fossil, please visit their website at www.fossil.com.

Lole Lands in Yorkville

July 19, 2013

In early July, ladies activewear specialist Lole opened its 6th Canadian location, in Toronto's posh shopping district of Yorkville. The store is located at 88 Yorkville Avenue, and is strategically situated adjacent Anthropologie, Diesel, Free People, and Whole Foods. The space is 1400 square feet.

The Yorkville opening comes on the heels of the company's highly successful White Yoga Session (late last month) at Fort York National Historic Site. The event was attended by over 2000 people and was the largest outdoor yoga session to be held in Toronto . Please click on the link to see a video of this magical day - http://www.lolewomen.com/blog/2013/07/03/torontos-lole-white-yoga-session-2013/. Lole's White Yoga tour hits Montreal next, on July 27th. The session is already sold out with over 5000 people expected to participate. The tour wraps on September 1 at the magnificent Grand Palais in Paris.

Lole stores are inspired by the beauty of the city park, with a living wall incorporated into the storefront. Once inside, the customer experience is unique and highly interactive, focused on wellness and community. All locations offer free exercise meet-ups twice weekly at the local park, as well as, lectures given by yoga\pilates specialists, and nutrition experts. Lole stores specialize in the sale of technical, versatile and feminine fashion apparel for urban woman.

Lole is owned by Quebec based Coalision Inc, who own several exciting brands including: Lole, Orage and Paradox. Coalision Inc is owned by Kilmer capital (whose CEO is Larry Tanenbaum of Maple Leaf Sports Entertainment). In addition to Quebec, Coalision Inc operates offices in the US, France and Hong Kong. The company operates a total of 13 Lole stores in Canada, US, France and Switzerland.

The company plans to open 7 stores in Canada in 2014, doubling their Canadian store count by the end of next year. The following provinces are targeted: Alberta, British Columbia, and Ontario. Lole will locate in super regional malls, downtown high street locations, and outlet centres. Size required 1250-1600 sq.ft.

Further to the above, we are pleased to confirm that the company is now prepared to open their 1st location in British Columbia.

Finally, I can tell you that we're dotting the I's and crossing the T's on Lole's next deal. Stay tuned for a MAJOR announcement coming soon.

For all of the information on Lole, please visit their website at www.lolewomen.com.