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Surplus The Official Diesel Outlet Opens in Niagara

June 30, 2014

In mid-June, Surplus The Official Diesel Outlet opened its fifth (5th) Canadian location, at the Niagara Outlet Collection, in Niagara On the Lake, Ontario.The store is 1,750 sq.ft and is strategically situated adjacent globally recognized super-brands such as J Crew, DKNY, Kate Spade, Bebe, Banana Republic, Polo…etc.

Surplus is Diesel’s Official Canadian outlet store. All shops carry a full selection of Diesel’s premium luxury denim, clothing and accessories.

This transaction was negotiated by Think Retail who is the exclusive Canadian real estate broker for Surplus The Official Diesel Outlet. 

Diesel was founded in 1978, by Renzo Rosso. The company is based in Italy and has long been a leading pioneer in denim and casual fashion. 

With the doors now open in Niagara, Surplus is now prepared to look for additional growth. The company is now interested to open in 2016, another location in the province of Ontario. Store size ranges from 1500-2000 sq.ft.  The Niagara Outlet Collection is owned by Ivanhoe Cambridge. The property opened in mid-May, at a cost of approximately $178M. The open air centre is 488,000 sq.ft with 80 stores including such tenants as Michael Kors, Brooks Brothers, Coach, Ugg, Chicos, Nike, Bass Pro….etc. 

Ivanhoe has also recently confirmed that it will open outlet collections in Edmonton and Winnipeg. Both are scheduled to open in 2017. In addition, the company is currently pre-leasing Tsawwassen Mills in British Columbia, which opens in May 2016. 

For more information on Surplus The Official Diesel Outlet, please visit their website at www.surplusclothing.ca.