News & Events

Strathallen Capital Corp. Announces the Acquisition of Market Mall, Saskatoon, SK

Tuesday, 17 January 2017

Strathallen Capital Corp. announces the acquisition of Market Mall on behalf of Strathallen’s fourth closed-end retail value-add fund, Strathallen Retail Property Fund 4 (SRPF4), as of January 2017.

Market Mall is a 307,678 SF, food, drug and liquor store anchored enclosed shopping centre, located in Saskatoon, Saskatchewan.

The property is anchored by Safeway (Sobey's), Shoppers Drug Mart, Saskatchewan Liquor Store, Dollarama, Fabricland, Service Canada and Bank of Montreal.

The acquisition marks the third asset being purchased on behalf of SRPF4, all of which have been food and drug store anchored shopping centres. This property represents a tremendous "value-add" opportunity for the Fund.

Strathallen Capital Corp. will act as Asset Manager and Strathallen Property Management Inc. will provide property management services. For leasing inquiries, please call 1.866.792.5553.