TORONTO ― Sears Canada has reaffirmed the previously announced sale of a distribution centre for $18.13 million and the sale and leaseback of a non-mall property for $10 million, which will continue to be operated. In addition, Sears Canada has formalized an agreement with Concord Pacific Real Estate Developments Ltd. to develop some other properties. The retailer will also sell one distribution centre for $8.5 million and sell and lease back its DC in Vaughan, Ont., for $100 million.
Sears Canada tweaks real estate portfolio
Most Recent
Most Read
Norm Caissie named to the Order of Canada
Tue, January 14th, 2025
Farm Boy launches new store concept, branding campaign
Tue, January 14th, 2025
HR Advisor dives into customer loyalty, evolution of work
Tue, January 14th, 2025
Canadian Tire revives marketing contest
Mon, January 13th, 2025
CHPTA unveils new courses
Mon, January 13th, 2025
Marwood acquires Fraser Wood Siding
Fri, January 10th, 2025
Nicholson and Cates expands portfolio
Fri, January 10th, 2025
B.C. court okays class-action against Home Depot
Fri, January 10th, 2025
Building permits decline in November
Fri, January 10th, 2025
Castle adds key Quebec commercial dealers to its membership
Thu, January 09th, 2025
