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Hot Fudge Hat Trick - 3 New Stores to Open

October 31, 2011

Branded fashion accessories specialist, Hot Fudge has confirmed 3 new store openings for the province of Quebec.

In March 2012, Hot Fudge will open at Place du Royaume, in Chicoutimi. The store will be 1000 sq.ft and is strategically situated at the mall's 50 yard line, next to Bentley and facing Garage and Jacob. Place du Royaume is owned by Primaris, and is the top performing centre in Quebec's Saguenay region (350,000 people). The centre is approximately 600,000 sq.ft with 180 stores. Thanks to Nat Weinstein for his help and efforts in completing this transaction. Nat keeps the process simple and is always a pleasure to work with.

In May, Hot Fudge opens in Montreal's south shore at Promenades Saint-Bruno. The 1500 sq.ft store will be on the upper level adjacent Geox, Le Chateau, and Jack & Jones. Promenades St.Bruno (owned by Cadillac Fairview) is 1 million square feet, with approximately 200 stores. The centre is anchored by Simons, The Bay, Sears, and Zellers (soon to be Target). In terms of performance, Promenades Saint-Bruno is the #5 shopping centre in Quebec, with sales of approximately $534 psf. Thanks to CF's Dave Azran, with whom this deal was negotiated and concluded. Dave is very passionate and I find his enthusiasm refreshing and contagious. Keep up the good work Dave.

Finally, in July, Hot Fudge will opens its first store in Montreal, at the Montreal Eaton Centre. The premises will be 1165 sq.ft (35 ft frontage) is ideally positioned at the heart of the metro level, adjacent Sirens and Stitches, facing Body Shop and Laura Secord. Montreal Eaton Centre is located in downtown Montreal,  and boasts approx 26 million annual visitors - #1 in Quebec. Furthermore, with sales of $675 psf, Eaton Centre is the #2 performing mall in the province of Quebec. This deal would not have been completed without the efforts of Eric Fortier, Leasing Director for Ivanhoe Cambridge. Eric is very talented and looks to be a star on the rise at Ivanhoe. He certainly has the right stuff.

In addition to the above, Hot Fudge would like to open one more store in Quebec, in 2012. Markets of interest include: Laval, Anjou, and Quebec City. Size required is 1350-1500 sq.ft.

At the moment, Hot Fudge operates two stores - Place Laurier and Les Rivieres. To date, these locations are performing exceptionally well and have strongly resonated with it brand-starved, core demographic (15-25).  
 
For more information on Hot Fudge, please visit their Facebook page at www.facebook.com/hotfudgecanada.

On a personal note, I'd like to congratulate Hot Fudge owner, Joey Labrecque and his wife Genevieve, on the birth of their new daughter, Mandy (their 4th girl).

Pull-in Set to Revolutionize Canadian Retail Scene

October 25, 2011

We are pleased to announce that French underwear and swimwear specialist, Pull-in, have now confirmed their plans to open retail stores in Canada. Pull-in is a 20 store retail chain based in Hossegor, France, who design and wholesale, their own brand of upscale underwear, bathing suits, and lounge wear for men, women, and children. The company was founded in 2000, by uber-talented french designer and entrepreneur, Emmanuel Loheac.

Pull-in products and designs are influenced by the latest trends and yet high tech in their use of top quality fabrics. Further, Pull-in designs have revolutionized the conservative world of lingerie, with their uniquely fresh and creative, colourful prints. Pull-in has a list of celebrity ambassadors and athletes, including: Mickey Rourke, Dion Phaneuf, Snoop Dog, Jennifer Love Hewitt, Paris Hilton...etc .

Pull-in will open their first two Canadian store locations, in 2012, and are focused on the province of Quebec. Super regional malls and high pedestrian street-front locations (such as St.Denis) will be considered. Size required 600-1200 sq.ft. The company expects to open in Toronto in 2013. Currently Pull-in operates stores in France, Belgium, and the US.

For more info, please visit Pull-in's website at www.store.pull-in.com.

On the Move - Lole Lights Up Bayview Village

October 17, 2011

We are pleased to announce that Lole has opened at Bayview Village in Toronto. The new store marks Lole's first in an enclosed mall format. The premises are 1350 sq.ft and incorporate all of the great features introduced by this unique retailer: Living Wall, iPad\Social Wall, Community Table, Lole Pantry...etc. The store looks fantastic and is off to a great start.

There are now four Lole stores operating in Canada (2 in Europe). For 2012, Lole will continue to expand. A total of four (4) new locations are scheduled. Further, the company is seeking to open its first location(s) in Alberta as well as, continuing to pursue opportunities in Ontario. Size required is 1250-1750 sq.ft. Both super regional malls and high pedestrian street-front locations will be considered.

Lole stores specialize in the sale of technical, versatile and feminine fashion apparel for urban woman. Further, all stores offer free exercise meet-ups twice weekly at the local park. Tea and fruits are served daily at each store location. Whether it's time to shop, listen to lectures given by yoga\pilates specialists, nutrition experts, or participate in the Lole and Friends Program, there is always something exciting happening at Lole.

Lole is owned by Quebec based, Coalision Inc. (owners of Orage and Paradox), whose combined sales are approximately $100M. Coalision itself, is majority owned by Kilmer Capital (whose CEO is Larry Tanenbaum of Maple Leaf Sports & Entertainment).

Bayview Village Shopping Centre is an upscale shopping mall in the North York area of Toronto, catering to affluent customers.  The centre has a total GLA of approximately 422,000 sq.ft, and 110 stores, including Pusateris, Restoration Hardware, Browns, Banana Republic, Steilmann, Mendecino, Geox...etc. Average sales psf are a very impressive $700 psf.

I'd like to thank Donna Percival at Orlando Corporation for all of her help in completing the transaction . Donna is both very talented and passionate and is doing a great job bringing top upscale fashion brands to this unique centre.

For more information on Lole, please visit their website at www.lolewomen.com. Also, please download the LolePop App at the iTunes store.

Watch Station Announce Plans to Open in Canada and Website Launch

October 13, 2011

We’re excited to announce the launch of WatchStation.com.

Watch Station is the expert curator of the world’s most coveted watch brands. The site aims to create an appealing and dynamic shopping experience by delivering only the very best in style and design.
 
Take a few minutes to explore the new site: http://www.watchstation.com/

For the launch, the Watch Station team have brought together an incredible collection of timepieces from their most-loved brands—Fossil, Emporio Armani, Michael Kors, Diesel, Marc by Marc Jacobs, DKNY, Adidas and Michele to name just a few.
 
While you’re there, don’t miss The Journal, an editorial take on the watch world, as well as The Editor, a smart search function designed to match you with the perfect timepiece.
 
I am further pleased to share with you that Watch Station will open store locations in Canada, in 2012. Markets of interest include Toronto, Montreal, and Vancouver. Size required is 1000 sq.ft. Super regional malls, outlet centres and high pedestrian street-front locations will be considered. Desired co-tenants include: Coach, Lululemon, Aritzia, Apple, Armani Exchange, Browns, Michael Kors, Sephora...etc.

In other Watch Station news, Watch Station Outlet opens next month at Las Vegas Premium Outlets.

For more information and to discuss opportunities for Watch Station, please contact me.

Pinkberry - Swirling Soon at Metropolis at Metrotown

October 12, 2011

We're excited to announce that construction will begin next week, at Pinkberry's 2nd Canadian location, at Metropolis at Metrotown in Burnaby, BC. The hoarding is now up (see photo) and Ken and his team are chomping at the bit to begin this project. The store is 875 sq.ft and is situated directly adjacent the food court. A mid-November opening is anticipated. If you simply cannot wait for the big day, you'll be pleased to hear Pinkberry has been swirling up free samples in the centre. That's right - freebies. Get'em while they're hot; I mean cold.

In other Pinkberry news, I am pleased to confirm that the company will open in Fall 2012, in the new food court at Richmond Centre. Furthermore, Pinkberry has also committed to a location in Abbottsford, at High Street, the Shape Properties lifestyle centre, which is scheduled to be completed in late summer 2013. We also expect to announce shortly, the location of Pinkberry's 1st location in the province Alberta. Get ready Edmonton!

In addition to the above, Pinkberry is actively seeking to open additional stores in Canada. Markets of interest include Alberta and British Columbia. Size required is 300-1000 sq.ft. Both super regional malls and high pedestrian street-front locations will be considered.

Report from Park Royal - Since opening in late July, the lines have been long, with excited British Columbians coming from all over the province to get their taste of Pinkberry's swirly goodness. The store is doing absolutely amazing and has shattered the sales projection which had been set. 

For more information, please visit Pinkberry's website at www.pinkberry.com or their Canadian Facebook page at http://www.facebook.com/PinkberryCanada.

About Metropolis at Metrotown - At 2.4 million square feet and with over 450 stores, Metropolis at Metrotown is the largest centre in British Columbia and second largest in Canada. The centre is anchored by The Bay, Zellers (soon to be Target), Sears, Real Canadian Superstore, Home Sense, Chapters...etc. Other top notable fashion brands operating in the centre include: Lululemon, Aritzia, Coach, Armani Exchange, F21,Apple,  Zara, H&M...etc The mall is ranked #5 in the province in sales psf - $651 psf. In terms of gross sales, Metropolis at Metrotown is the #1 mall in British Columbia. The shopping centre is owned by Ivanhoe Cambridge.  

Finally, I'd like to express my thanks to Ron Clarke of Ivanhoe Cambridge. Like a true pro, Ron did a wonderful job steering this transaction.

Bizou Impresses with Queen St Opening

October 05, 2011

We are pleased to announce that fashion accessories and costume jewellery specialist Bizou, has opened its first street-front location in Toronto (and second store in Ontario), at 393 Queen St. West. The store is strategically situated between Peter and Spadina, adjacent other top brands such as: Lululemon, Kiehls, Club Monaco, Guess, Le Chateau. Adidas, Gap...etc. The premises is 1250 sq.ft, and was designed by Frederic Bernier. The layout is warm and inviting, extremely well merchandised, and very chic.

Looking ahead, the company's 3rd Ontario location opens next month at Cambridge Centre; also, I can as well, confirm that Bizou will open at White Oaks Mall in London, in March 2012. Thanks to Rick Johnstone of Morguard for his help with the agreement at Cambridge Centre and to Dave Wyatt, of Redcliff, for his efforts with the transaction at White Oaks Malls. Dave is a class act and a pleasure to work with.

Further to the above, Bizou plan to open 4-6 new locations, in 2012. Markets of interest include: Ontario and Quebec. Size required in 600-1000 sq.ft. Property type - super regional malls and high pedestrian street-front locations.

Bizou was founded in 1982. Today, the company operates approximately 120 locations spread across 6 provinces, from New Foundland to Ontario.

Finally, with respect to performance, Bizou continues to impress. Comp sale store increases are on the rise for a fourth consecutive year, and are currently 15% above last year. Previous increases were as follows: 2010 - 5%, 2009 - 5%, 2008 - 15%. 

For additional information, please visit Bizou's website at www.bizou.com.