The Mall at Piccadilly
10th Ave & 10th St, Salmon Arm, BC
Gross Leasable Area: 224,305 SF
Represented: Vendor and Purchaser
Form Retail was engaged by the Vendor to broker the sale of The Mall at Piccadilly, a dominant regional mall located in Salmon Arm, BC. Form Retail coordinated marketing efforts, including a Confidential Information Memorandum, and the bid process which resulted in a successful sale to a Toronto-based institutional group. Consisting of a complementary mix of retail needs, the Mall at Piccadilly characterizes an exceptionally stable asset with long term leases in place and nearly 90% of the NRA occupied by national and regional tenants, inclusive of such notables as Canadian Tire, Save-On-Foods, Shoppers Drug Mart and Sport Chek.