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For lease: Target retail space near you

Target in Canada

Published Thursday, January 15, 2015 12:48PM EST
Last Updated Thursday, January 15, 2015 5:42PM EST

Canadian shoppers better get used to seeing “space for lease” signs at their nearest shopping mall, as Target’s departure from Canada will leave behind 133 big, empty retail spots across the country.

The fate of those empty spaces will become an important sidebar to the Target story going forward, as not all of them sit in prime retail locations.

Target took over many spaces once used by Zellers when it arrived in Canada in 2013. The discount retailer established an aggressive footprint immediately, opening 124 stores in its first year and adding nine more in 2014. Four of those stores were new builds made specifically for Target, and the company continued to open new stores as recently as last October. Read More

 

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Macomb Township has 2.5 million square feet of unused commercial …

New Baltimore Voice Newspapers
Vacancies for commercial properties are also a prime concern. “You have to wonder what it is that’s going to come in and fill those spaces,” Zook said….read more

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Indoor Ice Rink, Gymnastics Center Could Soon Fill Vacant Western …

Patch.com
Two long vacant properties might finally be headed for development, although of a non-commercial nature. Phase Two of the proposed 115th and Western …read more

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Stuart officials hope to help owners realize their property’s potential

TCPalm
By Jim Mayfield STUART — With a glut of vacant and underutilized commercial property languishing in Stuart, city officials have announced a new initiative to help property owners understand the potential of their holdings. At an owner’s request, read more

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