Strathallen has recently purchased three shopping centres on behalf of its Investor Clients – Madison Square, St. James West Plaza, and Rougeau Plaza in Winnipeg, Manitoba. The portfolio consists of three properties totaling approximately 218,000 SF.

Madison Square is a 156,000 SF grocery anchored centre with about 48,000 SF of offices. Located at 1596-1630 Ness Avenue, Madison Square is in Winnipeg’s largest retail node, known as the Polo Park area. The anchor tenant is Safeway, with a 50,000 SF grocery store and gas bar on the site. Other tenants include MLCC Liquor Store, Moores, Subway, and Pet Valu. There are also two office buildings of three floors each with some retail on the ground floor. The center is 91% occupied and is well leased to a number of national retailers and strong local tenants. For more information please visit the Madison Square property details page.

St. James West Plaza totals 11,000 SF and is adjacent to Madison Square. The property consists of three buildings which are tenanted by Tony Roma’s Restaurant, Wendy’s Restaurant, and Mr.Lube. The properties are located at 640-656 St. James Street, a major North - South artery throughout the Polo Park retail node, directly across from Polo Park Mall. The centre is 100% leased to the above noted pad tenants. For more information visit the St. James West Plaza property details page.

Rougeau Plaza is a 51,000 SF fashion anchored strip centre. It is located at 1500-1522 Regent Avenue at the intersection of Rougeau Avenue. Regent Avenue is a strong East/West artery central to the “Kildonan” retail node. The Property is anchored by Winners, which occupies a stand alone 26,000 SF building. Other tenants include Bulk Barn, Subway, Easyhome, Sally Beauty, and other retail and service uses. The center is 100% leased to a combination of national and local tenants. For more information please visit the Rougeau Plaza property details page.

These investments represent the 5^th, 6^th, and 7^th acquisitions for Strathallen Retail Property Fund No.3.