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CF Galeries d'Anjou is an enclosed regional shopping center located in the Anjou borough of eastern Montreal, Quebec, at the intersection of Highways 40 and 25, providing strong accessibility via major roadways with 162,000 vehicles per day on Boulevard des Galeries d'Anjou. The property spans 1.3 million square feet of gross leasable area and houses over 160 tenants, including anchors such as Simons department store, Hudson's Bay, The Brick furniture, Best Buy electronics, Winners off-price apparel, Saks Fifth Avenue OFF 5TH, and Sports Experts/Atmosphere sporting goods.
The tenant mix emphasizes fashion and apparel (approximately 40% of space), home furnishings, electronics, and services, complemented by a food court with diverse quick-service options and entertainment like a cinema. Opened in 1968 and expanded in 2013 with a 150,000 sq ft addition, it serves as the dominant retail hub for Montreal's east end, drawing from a 20 km trade area with 2.8 million residents, 1.2 million households, average household income of $104,000, and median age of 40, characterized by multicultural, middle-income families.
Annual footfall reaches 8 million visitors, with average dwell time of 88.7 minutes, supporting sales productivity of $705 per square foot. Occupancy remains robust near 95%, bolstered by recent additions like Old Navy to replace vacated Target space.
Leasing advantages include competitive base rents estimated at $45-60 per square foot (net, per CBRE H1 2025 Montreal retail survey for similar enclosed centers), flexible terms, and co-tenancy protections with strong anchors. An upcoming STM Metro station will enhance public transit access, potentially boosting footfall by 10-15%. However, the property faces challenges from aging infrastructure in some sections, requiring ongoing capital investments, and market saturation in the east end with competitors like Place Versailles (1.1M sq ft, similar mix) and Rockland Centre drawing overlapping demographics.
Sustainability features, including BOMA BEST Gold certification, LED lighting, and waste reduction programs, appeal to eco-conscious retailers, though operational costs may rise with Net Zero Carbon goals by 2040.
Overall, it offers stable performance for mid-tier retailers targeting local traffic, with risks tied to e-commerce erosion in categories like apparel (15% sales decline per ICSC 2024 report) and economic sensitivity in a region with 6.5% unemployment (StatCan 2025).
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Hours of Operation
Hours
| Monday | 10:00 AM — 06:00 PM |
| Tuesday | 10:00 AM — 06:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 09:00 PM |
| Saturday | 09:00 AM — 05:00 PM |
| Sunday | 10:00 AM — 05:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Trade Area
The 20 km trade area encompasses 2.8 million people across 1.2 million households, with an average household income of $104,000 and median age of 40, per Esri 2023 data updated for 2025 projections. The population is diverse and multicultural, with 35% immigrants, supporting demand for international fashion and food options. Proximity to affluent Laval suburbs (10 km north) adds higher-income shoppers, but local Anjou borough (42,000 residents, median income $85,000) shows moderate spending power, vulnerable to inflation impacts on discretionary retail. This profile favors value-oriented tenants but limits luxury positioning compared to downtown Montreal centers.
Performance Metrics and Accessibility
Annual footfall of 8 million supports $705 sales per square foot, with 88.7-minute dwell time indicating strong engagement, per Q3 2024 leasing data. Parking for 5,135 vehicles eases access, though peak-hour congestion on Highways 40/25 can deter impulse visits. Upcoming Metro extension (completion 2027) will improve public transit, potentially increasing visits by 12%, but current bus reliance limits reach to car-dependent demographics. Operational quality is solid with BOMA Gold sustainability rating, yet aging sections may require $5-10M in upgrades to maintain competitiveness.
Competition and Market Risks
Primary competition includes Place Versailles (1.1M sq ft, 5 km away, similar anchors like Walmart, attracting budget shoppers) and Rockland Centre (0.8M sq ft, ethnic-focused mix), contributing to east-end saturation with 85% regional occupancy (Colliers H1 2025). E-commerce captures 20% of apparel sales, pressuring mid-tier fashion tenants, while economic slowdowns (Montreal GDP growth 1.8% in 2025 per JLL) heighten vacancy risks if anchors underperform. Lease terms offer 5-10 year options with 3-5% escalations, but co-tenancy clauses tied to Simons/Hudson's Bay provide stability amid 7% retail churn rate in Quebec (CBRE 2025).
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Montreal, QC
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City Snapshot
Montreal, QC
Comprehensive market intelligence for retail expansion in this city