<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="51.0460099" data-lng="-114.0691417" data-map-catchment-data-value="{&quot;lat&quot;:&quot;51.0460099&quot;,&quot;lng&quot;:&quot;-114.0691417&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1300000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;Downtown Calgary Square Kilometers&quot;,&quot;description&quot;:&quot;Core urban area within 5 km radius serving as primary customer base&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;Calgary CMA Square Kilometers&quot;,&quot;description&quot;:&quot;Wider metropolitan area up to 30 km radius&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,300,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary trade area, based on Cushman \u0026 Wakefield data&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;5.8&quot;,&quot;description&quot;:&quot;Annual growth rate for Calgary CMA from July 2023 to July 2024, per Statistics Canada&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;37.2 Years&quot;,&quot;description&quot;:&quot;Median age of Calgary population from 2021 Census&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.6 Persons&quot;,&quot;description&quot;:&quot;Average household size in Calgary from 2021 Census&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of Calgary population aged 25-64 with bachelor&#39;s degree or higher, 2021 Census estimate&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;98,000 CAD&quot;,&quot;description&quot;:&quot;Median household income in Calgary from 2021 Census, adjusted for inflation&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;7.5&quot;,&quot;description&quot;:&quot;Projected unemployment rate for Calgary in 2025, per City of Calgary Economic Outlook&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;105 Index&quot;,&quot;description&quot;:&quot;Cost of living index for Calgary relative to national average of 100, estimated 2024&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;22,000 CAD&quot;,&quot;description&quot;:&quot;Annual per capita retail spending in Calgary, estimated from national averages adjusted for local economy&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;2,500 CAD&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in Alberta, estimated from retail trade data&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,800 CAD&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries in Calgary, based on household consumption surveys&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;1,200 CAD&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics in Alberta, from IBISWorld and retail reports&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;7,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to downtown Calgary core, including The CORE, from CDA reports&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average dwell time for shoppers in downtown malls, estimated from industry benchmarks&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated sales conversion rate for urban retail centres like The CORE&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;8,000 CAD&quot;,&quot;description&quot;:&quot;Annual sales per square meter in Calgary retail, from Cushman \u0026 Wakefield reports&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;120 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in The CORE Shopping Centre&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Presence of major anchors like Simons and specialty retailers&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Moderate density of similar downtown retail competitors in Calgary&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Diverse mix including fashion, food, services, and luxury brands&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of stores offering unique or experiential retail concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;62,080 sqm&quot;,&quot;description&quot;:&quot;Total GLA of The CORE Shopping Centre&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;4 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure including underground parking&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;500 CAD&quot;,&quot;description&quot;:&quot;Average annual rent per square meter in downtown Calgary retail, per Colliers&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;4.2&quot;,&quot;description&quot;:&quot;Overall Calgary retail vacancy rate, applicable to downtown, from Cushman \u0026 Wakefield 2025&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Standard 5-10 year leases with some flexibility for renewals&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;929&quot;,&quot;description&quot;:&quot;Estimated available space in The CORE, based on market reports&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Qualitative&quot;,&quot;description&quot;:&quot;Direct access to major roads like 8th Avenue SW and Stephen Avenue&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Excellent Qualitative&quot;,&quot;description&quot;:&quot;Connected to Calgary Transit C-Train stations at 3rd and 4th Street SW&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,500 Spaces&quot;,&quot;description&quot;:&quot;Underground parking capacity in Holt Renfrew Parkade and adjacent facilities&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;High pedestrian flow in downtown core, integrated with +15 skywalk system&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Strong e-commerce penetration at 13% of total retail sales in Canada 2025&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate for click-and-collect in urban Canadian malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95.0&quot;,&quot;description&quot;:&quot;High-speed internet access penetration in Calgary households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Low retail crime in secured downtown malls, per city reports&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Qualitative&quot;,&quot;description&quot;:&quot;On-site security, CCTV, and integration with downtown safety initiatives&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;50 Events per Year&quot;,&quot;description&quot;:&quot;Annual promotional and seasonal events hosted at The CORE&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated participation in mall loyalty programs among visitors&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Full Qualitative&quot;,&quot;description&quot;:&quot;Comprehensive digital signage throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic for Calgary retail 2025-2030&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 Tenants&quot;,&quot;description&quot;:&quot;Upcoming new tenants and store openings planned&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Qualitative&quot;,&quot;description&quot;:&quot;No major expansion planned, focus on revitalization and tenant mix updates&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:5883,&quot;slug&quot;:&quot;the-core-shopping-centre&quot;,&quot;name&quot;:&quot;The Core Shopping Centre&quot;,&quot;lat&quot;:&quot;51.0460099&quot;,&quot;lng&quot;:&quot;-114.0691417&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The CORE Shopping Centre is a 610,000 square foot indoor retail complex located in downtown Calgary, Alberta, spanning three blocks and integrated with four office towers: TD Canada Trust Tower, Home Oil Tower, Dome Tower, and the historic Lancaster Building. It hosts over 120 stores and services across four levels, drawing 13 million visitors annually. Anchor tenants include Holt Renfrew (149,000 square feet, long-term lease renewed with expansions such as World of Gucci and La Prairie), Simons (96,000 square feet in the Lancaster Building), and Birks Jewellers (5,465 square feet, renovated for luxury brands like Rolex). The tenant mix emphasizes fashion, luxury goods, dining, and services, complemented by the Devonian Gardens indoor botanical garden spanning 2.5 acres under a massive skylight. Market position: As Calgays primary urban retail hub along Stephen Avenue, it benefits from mixed-use synergy with offices and transit, serving a demographic of urban professionals, tourists, and residents aged 25-54 with median household incomes around $85,000. Calgarys retail sector shows stability per Fall 2025 Avison Young report, with city-wide occupancy at 96.2% and population growth driving demand, though downtown lags suburban areas due to 19% office vacancy. Leasing advantages: High visibility, event spaces for pop-ups, and accessibility via CTrain (direct connection), LRT, and pedestrian paths; 4,200 nearby parking stalls support access, despite only 599 on-site. Potential challenges: Footfall tied to office recovery, competition from larger suburban malls like CF Chinook (1.1 million square feet), category saturation in apparel, and aging infrastructure in heritage sections requiring maintenance. Rent levels range $25-35 per square foot net, with terms often 5-10 years including percentage rent clauses. Overall, it offers balanced opportunities for retailers targeting upscale urban shoppers amid steady market fundamentals.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Holt Renfrew, Simons&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;56671&quot;,&quot;anchor_tenants&quot;:&quot;Holt Renfrew, Simons&quot;}},{&quot;id&quot;:8444,&quot;slug&quot;:&quot;cf-eau-claire-market&quot;,&quot;name&quot;:&quot;Cf Eau Claire Market&quot;,&quot;lat&quot;:&quot;51.0517162&quot;,&quot;lng&quot;:&quot;-114.0687024&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;CF Eau Claire Market, located in downtown Calgary near the Bow River and Prince&#39;s Island Park, was a 170,000-square-foot two-level festival-style retail center that opened in 1993. Originally envisioned as a vibrant marketplace inspired by Granville Island, it featured a mix of independent boutiques, food vendors, restaurants, a food court, and a cinema, targeting urban shoppers, tourists, and locals seeking unique experiences. The tenant mix included specialty retailers like clothing stores, a fishmonger, fruit stalls, Cajun Charles restaurant, and a Thai food stand, with anchors providing variety in apparel, dining, and entertainment. However, chronic redevelopment uncertainty led to thinning tenants and high vacancies in later years, culminating in closure in May 2024. Demolition began in February 2025 to accommodate the Green Line LRT station, with the site cleared by late 2025. Owned by Harvard Developments, the property&#39;s market position shifted from a struggling peripheral downtown asset to a high-potential transit-oriented development site. Surrounding demographics include affluent young professionals and families in the Eau Claire neighborhood, with median household incomes exceeding $100,000, supported by proximity to offices and cultural attractions. Calgary&#39;s retail market in 2025 showed stable sales growth at 2.5% year-over-year, with downtown occupancy at 95%, but Eau Claire faced below-average footfall estimated at 1.5 million annual visitors pre-closure, hampered by poor accessibility and competition. Post-demolition, leasing opportunities arise in planned mixed-use towers incorporating ground-level retail, benefiting from enhanced LRT connectivity projected to boost ridership by 20,000 daily. Advantages include urban revitalization momentum, with nearby Stephen Avenue reporting 15 million annual visitors, and potential for experiential retail in a pedestrian-friendly node. Drawbacks encompass construction disruptions through 2028, elevated risk from LRT integration delays, and market saturation in downtown categories like dining and fashion, where rents average $45 per square foot. Operational quality was fair pre-closure, with aging infrastructure contributing to 25% vacancy rates in 2023. Future tenants could leverage demographic shifts toward mixed-use living, but must navigate competitive pressures from established centers like CF Chinook Centre, which boasts 18 million annual footfall and 98% occupancy.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Cineplex Odeon, Specialty Retail Shops&quot;,&quot;distance&quot;:0.64,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;14114&quot;,&quot;anchor_tenants&quot;:&quot;Cineplex Odeon, Specialty Retail Shops&quot;}},{&quot;id&quot;:5940,&quot;slug&quot;:&quot;north-hill-shopping-centre&quot;,&quot;name&quot;:&quot;North Hill Shopping Centre&quot;,&quot;lat&quot;:&quot;51.0661481&quot;,&quot;lng&quot;:&quot;-114.0997&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;North Hill Shopping Centre, located at 1632 14th Avenue NW in north central Calgarys Hounsfield/Briar community, spans 308,598 square feet of gross leasable area, with 206,162 square feet in canopy retail units. Opened in 1958 as Calgarys first mall, it features 76 stores and services, anchored by Safeway (46,939 sq ft), Winners (22,000 sq ft), Shoppers Drug Mart (11,819 sq ft), Dollarama (10,131 sq ft), and Marks (8,149 sq ft). The tenant mix includes apparel, discount retail, pharmacy, grocery, dining options like Boston Pizza and Tim Hortons, and services such as banks and health clinics. It serves a mature market with young urban families, drawing from an 8-minute drive trade area of 109,840 residents, projected to grow 11.5% to 122,471 by 2028. Average household income stands at $129,241, with median maintainer age of 43; 29% of population under 25, 53% married/common-law, and 34% families with children. The centre benefits from proximity to SAIT (14,000 students), University of Calgary (30,000+ students), Foothills Medical Centre (1,100 beds), and C Train transit. Vehicle exposure exceeds 87,000 daily on adjacent 16th Avenue NW (46,000 vpd) and 14th Street NW (41,000 vpd). CRU sales average $622 per sq ft, food court $1,429 per sq ft. Leasing advantages include high visibility, diverse traffic sources, and affluent demographics supporting stable retail performance; however, some units are available, indicating potential vacancies amid broader Calgary retail vacancy rates around 5%. Competition from nearby Market Mall (2.4 miles northwest) and Chinook Centre (4.5 miles southeast) poses risks, alongside challenges like paid parking and aging infrastructure from 1958 origins, though renovations in 1973 and 2000 have modernized it. Market saturation in discount and service categories may limit expansion for certain retailers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Safeway, Winners, Shoppers Drug Mart, Dollarama, Mark’s&quot;,&quot;distance&quot;:3.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;28533&quot;,&quot;anchor_tenants&quot;:&quot;Safeway, Winners, Shoppers Drug Mart, Dollarama, Mark’s&quot;}},{&quot;id&quot;:6013,&quot;slug&quot;:&quot;north-hill-centre&quot;,&quot;name&quot;:&quot;North Hill Centre&quot;,&quot;lat&quot;:&quot;51.0661481&quot;,&quot;lng&quot;:&quot;-114.0997&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;North Hill Centre is an enclosed neighborhood shopping center located at 1632 14th Avenue NW in north central Calgary, Alberta, at the intersection of 16th Avenue NW (Highway 1) and 14th Street NW. The property spans 308,598 square feet of gross leasable area, including 206,162 square feet of community retail units across 76 stores and services. Anchors include Safeway (46,939 sq ft grocery), Winners (22,000 sq ft apparel), Shoppers Drug Mart (11,819 sq ft pharmacy), Dollarama (10,131 sq ft discount), and Mark’s (8,149 sq ft workwear). The tenant mix features a balanced selection of categories: grocery and pharmacy (Safeway, Shoppers Drug Mart), apparel and accessories (Winners, Mark’s, Northern Reflections, Bluenotes), footwear (Step Ahead, Sina), services (banks like TD Canada Trust and Scotiabank, health services like Specsavers and Pearle Vision, telecom from Bell, Telus, Rogers), food and beverage (Boston Pizza, Kinjo Sushi, food court with Thai Express, Edo Japan, A\u0026W, Tim Hortons, Subway), liquor (Ace Liquor), pet supplies (Pet Valu), and specialties (Hightail Hobbies, Purdy’s Chocolates). The center serves a mature yet growing trade area with young urban families, positioned 3 km northwest of downtown Calgary, adjacent to SAIT (14,000 students) and near the University of Calgary (over 30,000 students) and Foothills Medical Centre (1,100 beds). Within an 8-minute drive time, the population is 109,840, projected to grow 11.5% to 122,471 by 2028, with average household income of $129,241 and disposable income of $107,892; 29% of residents are under 25, and 53% are married or common-law. Leasing advantages include high vehicle exposure of over 87,000 daily (46,000 on 16th Ave, 41,000 on 14th St), immediate C-Train access, strong sales performance at $622 per sq ft for CRUs and $1,429 for food court, and a tight north suburban market vacancy of 2.7% as of Q3 2025. However, as an established center built in 1963 with renovations, it faces risks from nearby larger regional malls like Market Mall, potential infrastructure aging, and market saturation in discount and apparel categories amid Calgary&#39;s overall retail vacancy of 4.2%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Safeway, Winners, Shoppers Drug Mart, Dollarama, Mark&#39;s&quot;,&quot;distance&quot;:3.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;76&quot;,&quot;gla_sqm&quot;:&quot;28670&quot;,&quot;anchor_tenants&quot;:&quot;Safeway, Winners, Shoppers Drug Mart, Dollarama, Mark&#39;s&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:7270,&quot;slug&quot;:&quot;deer-ridge-shopping-centre&quot;,&quot;name&quot;:&quot;Deer Ridge Shopping Centre&quot;,&quot;lat&quot;:&quot;50.99&quot;,&quot;lng&quot;:&quot;-113.95&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Deer Ridge Shopping Centre is a neighborhood retail plaza in southeast Calgary at 14919 Deer Ridge Drive SE, serving Deer Ridge, Bonavista Downs, and Parkland communities. This established area, developed in the late 1970s, has a population of about 4,500 residents, with 74% owner-occupied households and a median income of $86,203, indicating a stable, family-oriented demographic. The centre offers high visibility on Bow Bottom Trail and Canyon Meadows Drive SE, with direct access to Deerfoot Trail for regional connectivity. Tenant mix includes convenience retailers, restaurants, banking, and services, shadow anchored by Co-op grocery and Shoppers Drug Mart at nearby Deer Valley Marketplace, which enhances draw for daily essentials. Total leasable area is modest, around 20,000 sqft across units, with current availability in 1,141 sqft spaces ideal for small-format stores. Calgarys 2025 retail market features low vacancy of 3.6% citywide, with suburban southeast nodes showing steady demand and average rents at $25-35 psf NNN, up 2-3% year-over-year due to population growth. Leasing advantages encompass reliable local footfall from 20,000+ households within 5km radius, strong anchor synergy, and operational efficiencies in a low-crime area near Fish Creek Provincial Park. Drawbacks include competition from larger malls like Southcentre and Chinook, limited expansion potential, and potential infrastructure updates needed for a 40+ year-old property. Occupancy hovers at 95%, supported by essential tenant stability, though market saturation in grocery and pharmacy categories poses risks for new entrants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Sobeys, Shoppers Drug Mart&quot;,&quot;distance&quot;:10.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Sobeys, Shoppers Drug Mart&quot;}},{&quot;id&quot;:6014,&quot;slug&quot;:&quot;signal-hill-centre&quot;,&quot;name&quot;:&quot;Signal Hill Centre&quot;,&quot;lat&quot;:&quot;51.0181401&quot;,&quot;lng&quot;:&quot;-114.1719879&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Signal Hill Centre is an unenclosed power centre located at the intersection of Sarcee Trail and Richmond Road in southwest Calgary, Alberta, with a total gross leasable area of 592,173 square feet across 57 units. Owned by RioCan REIT, it serves as a key retail destination for the affluent Signal Hill neighbourhood and surrounding areas in SW Calgary. The tenant mix focuses on big-box anchors and specialty retailers, including RONA (116,288 sq ft), Lowe&#39;s, Winners, Michaels, Indigo, Staples, Canadian Tire, and smaller services like dental clinics, fitness centres (F45 Training), and salons (Chatters). This composition supports everyday shopping needs with a balance of home improvement, apparel, books, and office supplies. The trade area encompasses a population of approximately 150,000 within a 5-km radius, characterized by middle-to-upper income households (median household income around $120,000), families with children, and professionals commuting to downtown Calgary. Accessibility is strong via major arterial roads, with proximity to Stoney Trail for regional connectivity, though public transit options are limited compared to central areas. Market position is solid in a tightening Calgary retail sector, where overall vacancy rates have fallen to about 4.5% in H1 2025 per CBRE reports, driven by population growth and low new supply. Leasing advantages include stable anchor tenants drawing consistent footfall estimated at over 5 million annual visitors based on similar power centres, potential for co-tenancy clauses with majors, and base rents in the $20-30 per sq ft range for inline spaces amid upward pressure from low availability. Drawbacks involve competition from nearby Westhills Towne Centre and larger malls like Chinook, potential saturation in home goods categories, and vulnerability to economic slowdowns affecting discretionary spending in suburban locations. Operational quality is maintained by RioCan, but aging elements in some units may require tenant improvements. Overall, it offers practical opportunities for retailers targeting family-oriented, value-driven consumers in a growing metropolitan area with Calgary&#39;s population exceeding 1.3 million.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Lowe&#39;s, Winners, Indigo, Michaels, Staples, Loblaws&quot;,&quot;distance&quot;:7.83,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;57&quot;,&quot;gla_sqm&quot;:&quot;44300&quot;,&quot;anchor_tenants&quot;:&quot;Lowe&#39;s, Winners, Indigo, Michaels, Staples, Loblaws&quot;}},{&quot;id&quot;:5830,&quot;slug&quot;:&quot;newport-village-shopping-centre&quot;,&quot;name&quot;:&quot;Newport Village Shopping Centre&quot;,&quot;lat&quot;:&quot;50.9716414&quot;,&quot;lng&quot;:&quot;-114.0701578&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Newport Village Shopping Centre is an open-air retail center at 9110 Macleod Trail SE, Calgary, Alberta, covering 38,200 square feet. Positioned on the key Macleod Trail corridor, it adjoins Macleod Shopping Centre, fostering shared footfall. Tenant mix focuses on convenience: quick-service eateries like A\u0026W, Wok Box, Kung Fu Tea, Acadia Pizza; services including Willowbrae Childcare Academy, Phoenix Salon, Pur \u0026 Simple, and King&#39;s Head Pub. This setup targets daily needs in a suburban setting. Catchment demographics show 11,150 residents and $81,225 average household income within 1 km, growing to 57,653 people and $123,957 income at 3 km, supporting moderate retail expenditure amid Calgary&#39;s population expansion. In Calgary&#39;s retail sector, with vacancy rates tightening to under 5% and net rents averaging $20-25 psf in suburban strips, the property maintains steady occupancy, estimated at 90-95% based on market trends. Leasing benefits include prime visibility with 56,913 AADT on Macleod Trail, ease of access via major roads, and synergy with adjacent retail drawing 20,000+ daily vehicles. Drawbacks involve open-air exposure to Calgary&#39;s harsh winters, potentially reducing winter footfall by 20-30%, and competition from larger venues like Chinook Centre 5 km away, which boasts higher anchor-driven traffic. Overall, it suits lessees seeking affordable entry into a growing south Calgary market with balanced risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;A\u0026W, Jollibee, Pur \u0026 Simple&quot;,&quot;distance&quot;:8.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;55&quot;,&quot;gla_sqm&quot;:&quot;3550&quot;,&quot;anchor_tenants&quot;:&quot;A\u0026W, Jollibee, Pur \u0026 Simple&quot;}},{&quot;id&quot;:5860,&quot;slug&quot;:&quot;deerfoot-city&quot;,&quot;name&quot;:&quot;Deerfoot City&quot;,&quot;lat&quot;:&quot;51.1084262&quot;,&quot;lng&quot;:&quot;-114.0416365&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Deerfoot City is an open-air shopping center in northeast Calgary, Alberta, spanning 80 acres with 1.1 million square feet of gross leasable area. Originally opened in 1981 as Deerfoot Outlet Mall, it underwent significant redevelopment starting in 2013, transitioning from an enclosed format to an outdoor regional destination owned by Shape Properties. The property features over 50 tenants, including big-box retailers like Canadian Tire and Cabelas, fashion outlets such as Winners and H\u0026M, entertainment venues including The Rec Room and iFly indoor skydiving, and dining options at Lina’s Market Hall with multiple eateries. Anchors draw consistent traffic, supported by family-oriented events like summer block parties and holiday programming. Located adjacent to Deerfoot Trail (Highway 2), Calgary&#39;s busiest corridor, it benefits from high visibility and accessibility for both urban and suburban shoppers, with proximity to the Calgary International Airport enhancing its draw for travelers. The trade area encompasses a growing northeast quadrant with a population exceeding 300,000 within a 10-minute drive, characterized by middle-income families and young professionals. Market position as an outlet-style power center positions it for value-oriented retail, with ongoing expansion plans adding up to 500,000 square feet. Leasing advantages include flexible spaces for various formats, competitive base rents estimated at $20-30 per square foot annually in Calgary&#39;s stable retail market, and percentage rent structures tied to sales performance. However, the open-air design exposes operations to weather variability, and the location&#39;s distance from downtown may limit impulse visits from core urban demographics. Occupancy stands around 85-90% based on regional trends, with footfall boosted by highway exposure but challenged by nearby competition. Overall, it offers solid potential for retailers targeting discount and experiential categories amid Calgary&#39;s resilient economy driven by energy and population growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Sport Chek, Bass Pro Shops, The Rec Room&quot;,&quot;distance&quot;:7.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;90000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Sport Chek, Bass Pro Shops, The Rec Room&quot;}},{&quot;id&quot;:5465,&quot;slug&quot;:&quot;cf-chinook-centre&quot;,&quot;name&quot;:&quot;Cf Chinook Centre&quot;,&quot;lat&quot;:&quot;51.0003789&quot;,&quot;lng&quot;:&quot;-114.072444&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;CF Chinook Centre is Calgarys largest enclosed regional shopping mall, spanning 1,377,768 square feet of gross leasable area with 250 stores and restaurants. Located at 6455 Macleod Trail near the Chinook LRT station, it serves as a central retail destination accessible within a 15-minute drive for nearly half of Calgarians. The tenant mix includes a balanced blend of mid-priced retailers, luxury brands in a dedicated wing, and experiential anchors such as Scotiabank Theatre, Sport Chek, HM, and Chapters-Indigo. Recent transitions include the closure of Hudson Bay in June 2025 and Saks Fifth Avenue earlier in the year, prompting a shift toward brand-specific luxury tenants like Louis Vuitton, Apple, and Harry Rosen. The mall benefits from Calgarys robust retail market, with citywide occupancy at 96.2% and sales productivity ranking it among Canadas top centres at approximately 1,336 dollars per square foot. Annual footfall is estimated at 15 million visitors, supported by high-income demographics in southwest Calgary and a 1.4 million-person trade area. Leasing advantages include strong accessibility via major roads and transit, diverse category representation reducing saturation risks, and proximity to upcoming residential developments, including a 490-unit rental project breaking ground in November 2025 with occupancy in 2028. However, challenges arise from anchor vacancies, e-commerce competition, and potential infrastructure needs in an aging property originally opened in 1960 with expansions through 2010. Market reports indicate upward pressure on rents amid limited supply, positioning Chinook as a stable, high-performing option for retailers seeking affluent consumers in a growing city with 6% population increase in 2024.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Simons, Sport Chek&quot;,&quot;distance&quot;:5.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;252&quot;,&quot;gla_sqm&quot;:&quot;128000&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Simons, Sport Chek&quot;}},{&quot;id&quot;:7164,&quot;slug&quot;:&quot;cf-southcentre&quot;,&quot;name&quot;:&quot;Cf Southcentre&quot;,&quot;lat&quot;:&quot;50.95278&quot;,&quot;lng&quot;:&quot;-114.06556&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;CF Southcentre, situated in south Calgary, Alberta, is a 1.1 million square foot enclosed regional mall established in 1974 and expanded in 1988. Managed by Oxford Properties, it hosts over 190 tenants, with major anchors including Hudson\&quot;s Bay as the primary department store, alongside H\u0026M, Sport Chek, Sporting Life, and Old Navy. The recent redevelopment of the 240,000 square foot former Sears space, completed by 2023, introduced key retailers such as Winners, Dollarama, PetSmart, and Decathlon, diversifying the mix and boosting overall traffic. The tenant composition features approximately 40% fashion and accessories, 25% sports and leisure, 15% dining options, and the remainder in services and essentials, creating a family-oriented shopping environment. Positioned in a growing suburban area, the mall benefits from Calgary\&quot;s robust retail market in 2025, characterized by a citywide vacancy rate of around 4% and stable sales growth amid population influx. Accessibility is facilitated by proximity to Macleod Trail and Anderson Road, with over 5,000 parking spaces. Demographic draw includes middle to upper-middle income households, supporting consistent footfall estimated at 10-12 million visitors annually. Leasing advantages encompass flexible space configurations from 1,000 to 50,000 square feet, competitive base rents of $40-60 per square foot, and collaborative marketing initiatives. However, challenges include competition from upscale CF Chinook Centre to the north and power centers like Deerfoot Meadows, potential aging elements in infrastructure requiring maintenance, and pressures from e-commerce eroding traditional retail categories. Operational quality remains solid with modernized common areas, though traffic congestion on access routes during peaks poses logistical risks for deliveries and customer access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Crate \u0026 Barrel, Restoration Hardware, Aritzia, Sport Chek, Sporting Life&quot;,&quot;distance&quot;:10.37,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;165&quot;,&quot;gla_sqm&quot;:&quot;97743&quot;,&quot;anchor_tenants&quot;:&quot;Crate \u0026 Barrel, Restoration Hardware, Aritzia, Sport Chek, Sporting Life&quot;}},{&quot;id&quot;:5696,&quot;slug&quot;:&quot;northland-village-mall&quot;,&quot;name&quot;:&quot;Northland Village Mall&quot;,&quot;lat&quot;:&quot;51.0988254&quot;,&quot;lng&quot;:&quot;-114.1436977&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Northland Village Mall is an open-air shopping center in northwest Calgary, Alberta, at 5111 Northland Drive NW and 4600 Crowchild Trail NW, redeveloped from an enclosed mall opened in 1971 with expansions in 2005 and major transformation completed in 2023. The property spans 30.32 acres for retail with 383,041 square feet of gross leasable area, plus a separate 52,379 square foot professional center at 82% occupancy. Current overall occupancy stands at 97.8%, supported by anchor tenants including Walmart, Best Buy, Winners, GoodLife Fitness, and Dollarama, alongside regional players like Italian Centre Shop and Source for Sports. The tenant mix emphasizes national brands in apparel, electronics, fitness, and discount retail, complemented by health services such as Alberta Health Services Hemodialysis Unit and professional tenants in the office component. Accessibility is strong with exposure to major roadways like Crowchild Trail and Shaganappi Trail, 720 surface parking stalls, and proximity to Brentwood LRT station about five minutes away by car. The surrounding northwest Calgary area features affluent suburban demographics with stable population growth, benefiting from Calgary&#39;s overall 1.4% population increase year-to-date in 2025. Market position is solid in a tightening retail landscape where Calgary&#39;s vacancy rates continue to decline for the fourth consecutive half, driven by suburban expansion and consumer demand. Leasing advantages include secure cash flows from 80% of gross rent derived from creditworthy national and regional tenants, average weighted lease terms of 6.7 years, and potential for future intensification or mixed-use redevelopment on the expansive site. However, historical challenges as an enclosed mall included occupancy struggles post-2008, with competition from nearby CF Market Mall posing risks to footfall in weaker categories like traditional department stores. Operational quality has improved post-redevelopment, but aging elements in the original structure may require ongoing maintenance. Rent levels average $24.10 per square foot in-place net, aligning with northwest Calgary&#39;s competitive suburban rates amid steady market fundamentals anchored by population growth and evolving preferences for open-air formats.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Winners, Best Buy, Good Life Fitness&quot;,&quot;distance&quot;:7.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;35600&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Winners, Best Buy, Good Life Fitness&quot;}},{&quot;id&quot;:6266,&quot;slug&quot;:&quot;deerfoot-city-outlet-collection&quot;,&quot;name&quot;:&quot;Deerfoot City Outlet Collection&quot;,&quot;lat&quot;:&quot;51.1084262&quot;,&quot;lng&quot;:&quot;-114.0416365&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Deerfoot City Outlet Collection, situated in northeast Calgary adjacent to Deerfoot Trail, spans 80 acres as an open-air power center opened in 1981. It hosts approximately 50 tenants with a balanced mix of value-oriented fashion outlets like H\u0026M, Winners, and Suzy Shier; big-box anchors including Walmart and Ashley HomeStore; home furnishings from Sleep Country; and experiential elements such as The Rec Room entertainment complex and iFly indoor skydiving. Dining options center around Lina’s Italian Market Hall with multiple eateries. The center positions itself as a family-friendly destination, leveraging seasonal events and holiday programming to enhance visitation. In Calgary&#39;s robust retail market, where overall vacancy stands at 3.6% as of Q3 2025 per Cushman \u0026 Wakefield reports, Deerfoot City maintains high occupancy around 95%, benefiting from the city&#39;s population growth exceeding 6% annually. Accessibility is a strength, with direct highway ramps drawing 50,000+ daily vehicles, though traffic congestion poses challenges. Surrounding demographics feature middle-income households averaging $85,000 annually, median age 36, and a diverse ethnic mix including significant South Asian and Filipino communities. Leasing advantages include competitive base rents of $25-35 per square foot NNN, flexible unit sizes from 1,000 to 20,000 sq ft, and cross-traffic from entertainment draws boosting sales potential. Drawbacks encompass weather dependency reducing winter footfall by up to 20%, competition from nearby CrossIron Mills for outlet shoppers, and aging infrastructure in some sections requiring ongoing maintenance. Operational quality is solid, with recent renovations improving landscaping and pedestrian flow, but market saturation in apparel categories pressures mid-tier retailers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Sport Chek, Cabela&#39;s, Canadian Tire, Winners&quot;,&quot;distance&quot;:7.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;102193&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Sport Chek, Cabela&#39;s, Canadian Tire, Winners&quot;}},{&quot;id&quot;:6128,&quot;slug&quot;:&quot;marlborough-mall&quot;,&quot;name&quot;:&quot;Marlborough Mall&quot;,&quot;lat&quot;:&quot;51.0552984&quot;,&quot;lng&quot;:&quot;-113.978668&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Marlborough Mall is an enclosed regional shopping center located in northeast Calgary, Alberta, spanning approximately 563,000 square feet with an attached 51,000-square-foot professional tower. Opened in 1974, it serves as the second-largest mall in the northeast quadrant, a rapidly expanding suburban area driven by population growth and major employers such as Amazon and Walmart distribution centers. The property is anchored by Walmart and MaKami College, which occupies the former 137,000-square-foot Sears space, focusing on health and wellness education programs including massage therapy and health care aide certifications. The tenant mix comprises around 160 stores and services, emphasizing community-oriented retail, professional services, and ethnic diversity to cater to the area&#39;s multicultural residents. Accessibility is strong, with direct adjacency to the Marlborough LRT station on Calgary Transit&#39;s CTrain system, facilitating public transit use, and proximity to major roads like 36 Street NE and Metis Trail. The surrounding demographics include a diverse population with high ethnic variety, supported by the nearby Centre for Newcomers, contributing to steady footfall from local and immigrant communities. Market position benefits from Calgary&#39;s resilient retail sector, characterized by population influx and limited new supply, though the mall&#39;s age presents potential maintenance needs. Leasing advantages include stable occupancy supported by anchor-driven traffic and evolving consumer preferences for service-based retail, with Calgary&#39;s overall retail vacancy rates remaining low amid rising rents. Potential challenges involve competition from newer developments in the northeast and the need to adapt to shifting retail trends in an established property.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Shoppers Drug Mart, Dollarama&quot;,&quot;distance&quot;:6.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;53032&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Shoppers Drug Mart, Dollarama&quot;}},{&quot;id&quot;:5782,&quot;slug&quot;:&quot;sunridge-mall&quot;,&quot;name&quot;:&quot;Sunridge Mall&quot;,&quot;lat&quot;:&quot;51.0743725&quot;,&quot;lng&quot;:&quot;-113.9863071&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Sunridge Mall in northeast Calgary covers 803,000 square feet of gross leasable area with 153 stores, built in 1981 and renovated in 2020. It serves as the largest enclosed mall in north Calgary, positioned in a rapidly growing, ethnically diverse quadrant with a total trade area of 338,279 residents. Demographics feature 24.5% millennials, 27.3% boomers, balanced gender split, and multicultural influences from nearby immigrants and large employers including Amazon and Walmart distribution centers. Tenant mix includes 26% apparel, 15% personal services, 13% general merchandise, 13% large format fashion, with anchors like Sport Chek, Winners, Cineplex, and formerly Hudson&#39;s Bay (closure announced, creating large vacant space). Accessibility supports via adjacent Sunridge LRT station, Deerfoot Trail, Stoney Trail, Peter Lougheed Hospital, and Calgary International Airport. Leasing advantages involve 95% in-place occupancy (2024), committed 98.3%, 5.1 million annual footfall, $478 per square foot sales (2022), and Calgary&#39;s no-sales-tax environment fostering retail viability. Drawbacks encompass competition from premium malls like Chinook Centre, potential traffic congestion, perceived dated exterior, and challenges repurposing anchor voids amid broader department store declines. Retailers benefit from stable market growth but should assess category alignment in diversifying economy.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay,Sport Chek,Best Buy&quot;,&quot;distance&quot;:6.59,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;170&quot;,&quot;gla_sqm&quot;:&quot;77165&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay,Sport Chek,Best Buy&quot;}},{&quot;id&quot;:6263,&quot;slug&quot;:&quot;deerfoot-meadows&quot;,&quot;name&quot;:&quot;Deerfoot Meadows&quot;,&quot;lat&quot;:&quot;50.9820654&quot;,&quot;lng&quot;:&quot;-114.0420158&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Deerfoot Meadows is an open-air power center in southeast Calgary, Alberta, spanning 321,000 square feet of gross leasable area within a larger 3.5 million square foot development that includes shadow anchors. Positioned adjacent to major highways including Deerfoot Trail and Glenmore Trail, it benefits from high vehicular traffic exceeding 200,000 vehicles daily, facilitating easy access for regional shoppers. The tenant mix comprises over 50 retailers focused on value-oriented and big-box formats, including Nordstrom Rack, Banana Republic Factory Store, Gap Factory Store, Sport Chek, Michaels, and food options like Five Guys and Starbucks, complemented by anchors such as the only IKEA in southern Alberta, Costco, Walmart Supercenter, T\u0026T Supermarket, and Real Canadian Superstore. This configuration draws middle-income families and value-conscious consumers from Calgary&#39;s growing suburbs. In the 2025 Calgary retail market, characterized by low vacancy rates around 4% and steady demand from population growth of 1.4% year-to-date, Deerfoot Meadows holds a strong position as a destination for everyday essentials and outlet shopping. Leasing advantages include high footfall estimated at 40 million annual visitors site-wide, robust occupancy supported by market fundamentals, and potential for cross-traffic from anchors, though retailers should note car dependency and competition from e-commerce. Operational quality is maintained through modern infrastructure, but traffic congestion on access routes poses risks during peak hours. Overall, it suits retailers targeting budget-driven demographics in a stable, expanding market with moderate rent levels aligned with regional averages of CAD 25-40 per square foot for similar power centers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;IKEA, Costco, Walmart Supercentre, T\u0026T Supermarket, Real Canadian Superstore&quot;,&quot;distance&quot;:7.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;29822&quot;,&quot;anchor_tenants&quot;:&quot;IKEA, Costco, Walmart Supercentre, T\u0026T Supermarket, Real Canadian Superstore&quot;}},{&quot;id&quot;:6065,&quot;slug&quot;:&quot;cf-market-mall&quot;,&quot;name&quot;:&quot;Cf Market Mall&quot;,&quot;lat&quot;:&quot;51.0845495&quot;,&quot;lng&quot;:&quot;-114.1554&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;CF Market Mall, situated at 3625 Shaganappi Trail NW in Calgary northwest Varsity neighbourhood, operates as a single-level enclosed regional mall with 919,295 square feet of gross leasable area. Developed in 1971 by Cadillac Fairview and expanded in 1988 and 2004, it features a figure-eight racetrack layout, 209 stores and services, and parking for 4,200 vehicles. Tenant mix comprises 35% apparel and accessories, 20% food and beverage, 15% health and personal care, 15% services, and 15% general merchandise, anchored by Calgary Co-op, Safeway, Sport Chek, and Landmark Cinemas following Hudson Bay closure in June 2025. With 95% occupancy exceeding Calgary 4.5% citywide vacancy per CBRE H1 2025, it draws 9 million annual visitors. Catchment includes 1.8 million metro residents with 37% post-secondary education and 10% projected growth over five years in affluent suburbs. Accessibility via Shaganappi Trail supports convenience, with sales per square foot at $1,193 and food court at $2,610. Leasing advantages encompass family amenities like play areas and medical services fostering steady traffic in a resilient market, though anchor vacancy poses short-term risks amid oil sector volatility and competition from The Core and Crowfoot Crossing.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Sport Chek, Eataly, Walmart, Landmark Cinemas&quot;,&quot;distance&quot;:7.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;209&quot;,&quot;gla_sqm&quot;:&quot;84282&quot;,&quot;anchor_tenants&quot;:&quot;Sport Chek, Eataly, Walmart, Landmark Cinemas&quot;}},{&quot;id&quot;:8443,&quot;slug&quot;:&quot;deer-valley-market-place&quot;,&quot;name&quot;:&quot;Deer Valley Market Place&quot;,&quot;lat&quot;:&quot;50.931166&quot;,&quot;lng&quot;:&quot;-114.03169&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Deer Valley Market Place is an open-air retail center totaling over 210,700 square feet located at 1221 Canyon Meadows Drive SE in Calgary&#39;s southeast quadrant, at the intersection of Canyon Meadows Drive SE and Bow Bottom Trail SE. Anchored by Calgary Co-op grocery store, Shoppers Drug Mart pharmacy, and Dollarama discount retailer, it hosts more than 25 national and local tenants including restaurants and service providers, catering to everyday shopping needs in a family-oriented neighborhood with nearby parks, schools, and walking trails. The surrounding area features mature residential communities with affluent demographics: within 1 km, population of 9,519 and average household income of $129,924; expanding to 3 km radius, population reaches 47,305 with income at $161,347; and 5 km encompasses 149,224 residents averaging $145,811 household income. Daily traffic volume stands at 26,845 vehicles, supporting accessibility via major roads, though public transit options are moderate. In Calgary&#39;s robust retail market, characterized by decreasing vacancy rates around 4.6% citywide in Q2 2024 and strong suburban population growth of 6% in 2024, this property benefits from stable grocery anchoring that drives consistent footfall. Leasing advantages include high occupancy potential due to low market vacancies and competitive rent levels estimated at $30-40 per square foot annually for similar neighborhood centers, with opportunities in service and food categories. However, challenges arise from competition with larger regional malls like Southcentre and proximity to other strip centers such as Deer Valley Village, potentially leading to category saturation in groceries and pharmacies. Operational quality is enhanced by recent renovations completed in 2023, improving curb appeal, but aging infrastructure in the broader SE area may require ongoing maintenance considerations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Calgary Co-op, Shoppers Drug Mart, Dollarama&quot;,&quot;distance&quot;:13.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;19575&quot;,&quot;anchor_tenants&quot;:&quot;Calgary Co-op, Shoppers Drug Mart, Dollarama&quot;}},{&quot;id&quot;:5580,&quot;slug&quot;:&quot;market-mall&quot;,&quot;name&quot;:&quot;Market Mall&quot;,&quot;lat&quot;:&quot;51.0845495&quot;,&quot;lng&quot;:&quot;-114.1554&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Market Mall is an enclosed regional shopping centre located at 3625 Shaganappi Trail NW in Calgary&#39;s northwest, operational since 1971 with a gross leasable area of 919,295 square feet and 209 stores. Owned by Cadillac Fairview, it serves as a dominant retail hub for the Varsity, Brentwood, and surrounding affluent neighbourhoods, with a primary trade area of 250,000 residents within a 10 km radius. The tenant mix emphasizes family-oriented retail, featuring anchors such as Walmart Supercentre, Safeway grocery, and Cineplex Odeon Cinemas, alongside premium fashion and lifestyle brands including Lululemon, Aritzia, Zara, H\u0026M, Apple, Nike, Sport Chek, and Arc&#39;teryx. Dining options include Eataly and a food court, with allocations of 35% to apparel and accessories, 20% to food and beverage, 15% to health and personal care, 15% to services, and 15% to general merchandise. Annual footfall estimates range from 9 to 11 million visitors, supported by proximity to the University of Calgary and residential growth, yielding sales productivity of $1,193 per square foot overall and $2,610 for the food court. Occupancy stands at 95-96%, aligning with Calgary&#39;s low retail vacancy of 3.5-4.5% as per CBRE and Avison Young 2025 reports. Base rents for inline spaces are $40-60 per square foot net, with common area maintenance adding $10-15 per square foot and 2.5% annual escalations on typical 5-year terms. Leasing advantages include high accessibility via major arterials like Crowchild Trail and Shaganappi Trail, 4,200 parking spaces, and LRT connectivity, fostering cross-traffic and low turnover of 2%. The catchment demographics feature median household incomes of $115,000 locally versus $98,000 citywide, a median age of 37.5 years, and strong per capita retail spending of $12,000 annually, with growth projected at 2% yearly. However, challenges include aging infrastructure requiring maintenance investments, market saturation in apparel categories, competition from e-commerce eroding 15% of sales, and economic volatility tied to the oil sector affecting 20% of the local economy. Operational quality benefits from proactive management, events, and recent renovations, though original 1971 core elements pose risks for long-term sustainability amid national retail sales growth of 2%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Walmart, Safeway, Sport Chek, Cineplex Odeon, London Drugs, Indigo Chapters&quot;,&quot;distance&quot;:7.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;85400&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Walmart, Safeway, Sport Chek, Cineplex Odeon, London Drugs, Indigo Chapters&quot;}},{&quot;id&quot;:5466,&quot;slug&quot;:&quot;southcentre-mall&quot;,&quot;name&quot;:&quot;Southcentre Mall&quot;,&quot;lat&quot;:&quot;50.9525539&quot;,&quot;lng&quot;:&quot;-114.0662573&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Southcentre Mall, located in southeast Calgary at the intersection of Macleod Trail and Anderson Road, spans 1.1 million square feet and houses approximately 190 stores across two levels. Owned and managed by Oxford Properties, it opened in 1974 with expansions in 1986, 1988, 1999, and 2009, including recent $50 million in capital improvements since 2020. The mall serves as a super-regional shopping center in one of Calgary&#39;s fastest-growing and most affluent trade areas, surrounded by high-income neighborhoods. Annual footfall reaches about 6 million visitors, generating $300 million in total sales. Key anchors include Hudson&#39;s Bay as the primary department store, with the former Sears space repurposed into a 70,000-square-foot Decathlon in 2022. Tenant mix emphasizes fashion and lifestyle brands such as Sephora, Aritzia, H\u0026M, Lululemon, Crate \u0026 Barrel, Restoration Hardware, and Sporting Life, alongside dining and services. Occupancy stands at approximately 93.75% as of 2025, reflecting stable performance post-anchor transitions. Accessibility is strong via the adjacent Anderson C-Train station and major roadways, supporting pedestrian-friendly navigation. Market position benefits from Calgary&#39;s robust retail sector, though faces headwinds from e-commerce and shifting consumer preferences. Leasing advantages include high visibility in a premium location with affluent demographics (average household income exceeding provincial norms), drawing middle-to-upper-income shoppers aged 25-54. Potential risks involve ongoing department store challenges, as seen with Hudson&#39;s Bay liquidation sales in 2025, which could impact traffic if not swiftly re-leased. Competition from nearby Chinook Centre, an upscale rival, intensifies in fashion categories, while broader market saturation in big-box retail poses pressures. Operational quality remains high with clean facilities and community initiatives, including $1.7 million raised for charities in 2023. Rent levels align with Class A regional malls, typically $40-60 per square foot base, varying by tenant type and location within the center. Overall, Southcentre offers solid leasing potential for experiential retailers but requires vigilance on anchor stability and adaptive strategies amid retail evolution.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Calgary&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Sport Chek, Crate \u0026 Barrel, Sporting Life, Dollarama, PetSmart, Winners, Decathlon&quot;,&quot;distance&quot;:10.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;169&quot;,&quot;gla_sqm&quot;:&quot;97744&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Sport Chek, Crate \u0026 Barrel, Sporting Life, Dollarama, PetSmart, Winners, Decathlon&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/the-core" id="mall-map-wrapper"><div data-city="Calgary" data-current-mall="true" data-id="the-core" data-lat="51.0460099" data-lng="-114.0691417" data-map-target="mall" data-name="The Core" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Downtown Calgary Square Kilometers</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">Calgary CMA Square Kilometers</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,300,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">5.8</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">98,000 CAD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">7.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">105 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">22,000 CAD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">2,500 CAD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,800 CAD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">1,200 CAD</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">7,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">8,000 CAD</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">120 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">62,080 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">4 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">500 CAD</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">4.2</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Qualitative</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Excellent Qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Qualitative</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced Qualitative</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50 Events per Year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Full Qualitative</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">10 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Qualitative</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>