GREY:CMLEF - Post by User
Comment by
emba33on Jan 15, 2015 5:37pm
142 Views
Post# 23325408
RE:Target is leaving canada
RE:Target is leaving canadaHi Bobby99: Could you give us an idea for how many locations we are talking about? I went to Cominar's website and viewed every locations. I found 3 Zellers (presumably Target) locations in (Listowel, ON), (Simcoe, ON) and (St John's, NF). There could be more buried in larger retail buildings ... but for a portfolio the size of Cominar, it doesn't sound like a big deal? I assume companies like Loblaws, Walmart, Sears Canada, Rona, Canadian Tire, Sport Chek, The Bay, etc will want to pick out some choice locations. Sounds like the leases are part of the bankruptcy -- does that mean the leasers are going to get pennies on the dollar ...? Emba33