Prepared by:Sherman Scott / Blake DavieS

• the much anticipated opening of Nordstrom’s is scheduled for September 18. as part of cadillac Fairview’s redevelopment of the former Sears premise, they will occupy the first three floors, totaling 230,000 square feet. Below Nordstrom’s, Pacific centre opened a new wing welcoming many other fashion retailers, including Boss, Kate Spade, AllSaints, Ted Baker, Pandora, Tumi, B2 and Weekend Maxmara. other notable non-fashion openings include a Microsoft retail store and a Disney Store.

• as part of Holt Renfrew’s plan to maintain its position as the dominant luxury specialty retailer in canada, their vancouver location at Pacific centre will soon be growing by 30% or 40,000 square feet (Nordstrom being located around the corner).

• continuing with large format retailers arriving in vancouver, Quebec based La Maison Simons will open a 105,000 square foot store in the Fall of 2015 as part of Park royal’s $150,000 million renovation and expansion. La Maison Simons products range from an extensive selection of moderately priced, private-label products to a considerable amount of men’s and women’s ready to wear designer items.

• Several other major large format retailers rumoured to be exploring the vancouver retail landscape include Nordstrom’s off-price division, Nordstrom Rack and Saks Fifth Avenue.

• With two locations secured in toronto, rumours persist that Japanese fast fashion retailing giant, Uniqlo, has secured or is working on securing locations in the lower mainland area of vancouver, including a downtown flagship store.

• months after closing its flagship 52,000 square foot Chapters store on robson, Indigo Books and Music has leased the recently shuttered 5,000 square foot aldo shoe store at 810/816 Granville and plan to open a much smaller format Indigo Spirit store. this is a short term commitment with speculation that a larger format downtown location is being pursued. meanwhile, SportChek/Atmosphere is currently fixturing the 52,000 square foot former Chapters for its new store.

• vancouver remains a high demand destination for luxury retailers seeking high profile, street front locations. Swiss watchmaker Jaegar-LeCoultre, has leased space at 1012 alberni Street and chinese jeweler, Lao Feng Xiang, has leased space at 1016 alberni Street. Both stores are expected to open shortly.

• Prada will soon open at the carlyle, 1060 alberni Street, joining DeBeers and Tory Burch.

• 745 thurlow has landed luxury retailers Versace, Brunello Cucinelli and Strellson; opening date announcements are expected soon.

• vancouver’s 2nd largest building, the trump tower, is nearing completion. the retail component will feature las vegas’s famed pool bar and night club, Drai’s, as well as Mott 32, one of the most prized restaurants in hong kong. also included in the tenant mix is renowned Equinox Fitness along with other high end retailers soon to be announced.

retail in the city > vancouver Fall 2015

Prepared by:Sherman Scott / Margaret Bowden / Blake Davies

Facts, Rumours & Rumbles

retail investment report/Sold

Shaughnessy mansions3050-3080 Granville Street

royal centre1055 West Georgia Street

Pappas Furs303 West Pender Street

recently leased

• the Glowbal Group has relaunched its namesake and flagship restaurant, Glowbal, taking 15,000 square feet in the new, mixed use and architectural landmark, Telus Garden, constructed by Westbank Development corp. in the same development, the Glowbal Group has opened Nosh, a 1,600 square foot grab and go eatery, which is open for breakfast through dinner and evening drinks. Stay tuned for more retail tenant announcements shortly.

• it has been reported that Westbank Development corp. will be seeking approval to redevelop the Stanley/new Fountain hotels at 27 West cordova and 36 Blood alley. the proposal includes an 11 storey building with market/non market housing above street level retail and a 15,000 square foot, below grade, music hall. the development will be key to reinvigorating the once robust and historic retail nature of Blood alley.

• Paragon Gamings $600 million dollar casino project next to Bc Place is well under construction. the project is called Parq Vancouver and will include a 72,000 square foot casino, two mariott hotels, 3 restaurants, bars, retail space, a spa and 62,000 square feet of meeting, conference and special event space, boasting the city’s largest ballroom. construction is slated for completion at the end of 2016.

• Gastown is growing its reputation as the heart of independent fashion retailers, with Aesop, nicole Bridger, Poppy and Rye, Wardrobe Apparel and Cappelleria Bertacchi having just opened.

• chinatown has emerged as the destination of choice for many local restaurateurs. recent examples include the opening of chef/owner angus an’s Fat Mao at 217 east Georgia. Future openings include Juniper, overseen by veteran chef lee Parsons, which is opening at the keefer Block (main and keefer). additionally, tannis ling, owner of Bao Bei, is opening a new restaurant at 263 east Pender.

• Developed by mayfair Properties, the retail component of hotel Blu, the Shops at hotel Blu, is now fully leased. new tenants include Fanny Bay Oysters Bar, Black & Lee Formal Wear, Black Rice Izakaya, Charels, Titanium Studios and Aquatic Spa.

• Umberto menghi’s new Giardino Restaurant is open at 1328 hornby Street. the restaurant is within a half a block of where its predecessor operated for 37 years before closing and making way for a new development.

• central city Brewing just opened their first full service restaurant in downtown vancouver called Red Racer, located at the former Dix BBQ and Brewery at 871 Beatty Street.

• viaggio, the hospitality group that owns Cibo and Uva, has just opened the upscale Ancora Waterfront Dining and Patio. located in the former C premise at 1600 howe Street, the restaurant brings upscale waterfront dining to the shores of False creek.

SHERMAN SCOTTassociate vice PresidentvancoUver+1 604 662 2663sherman.scott@colliers.com

COLLIERS INTERNATIONAL200 Granville Street, 19th Floorvancouver, Bc v6c 2r6main: +1 604 681 4111www.collierscanada.com

this document/email has been prepared by colliers international for advertising and general information only. colliers international makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. any interested party should undertake their own inquiries as to the accuracy of the information. colliers international excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. this publication is the copyrighted property of colliers international and /or its licensor(s). © 2015. all rights reserved. this communication is not intended to cause or induce breach of an existing listing agreement. colliers macaulay nicolls Brokerage inc. (vancouver). *Personal real estate corporation.

MARGARET BOWDENSales assistantvancoUver+1 604 662 2667margaret.bowden@colliers.com

BLAKE DAVIESSales assistantvancoUver+1 604 694 7239blake.davies@colliers.com

Simon Fraser University308 West hastings Street

569 howe Street

Pub/restaurant for Sale1619 West Broadway

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harbour centre555 West hastings Street

hotel Blu175 robson Street

Fully Le

ased