Home Target's struggle to sell stores exposes Canada's weak retail leasing market
 

Keywords :   


Target's struggle to sell stores exposes Canada's weak retail leasing market

2015-07-27 10:28:29| Real Estate - Topix.net

As landlords seek to find new tenants for former Target stores, some will subdivide the space since the locations can be more than 10 times larger than a typical clothing outlet. Insolvent Target Canada's sale of its store leases and other properties fetched far less than the amount the retailer spent initially acquiring its leases - a reflection of the softening retail real estate market in the wake of the U.S. discounter's exit from Canada.

Tags: market sell stores retail

Category:Real Estate

Latest from this category

All news

»
06.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 9
05.11Tropical Storm Rafael Wind Speed Probabilities Number 9
05.11Tropical Storm Rafael Public Advisory Number 9
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 9
05.11Delayed implementation of EID eartag rule requested
More »