Project Description

Project Details:

YEAR COMPLETED

2006

TOTAL SQ. FT.

60,000

ANCHOR TENANTS

Safeway (shadow anchor)
CIBC
Blockbuster Video

Project Description:

Barry Developments acquired the existing Palisades Shopping Centre which comprised of 48,000 sq. ft.  Through extensive lease renegotiation and tenant relocation, Barry Developments expanded the centre to include an additional 12,000 sq. ft. in a newly constructed separate building and renovated the existing building(s) to allow for a major Restaurant chain to locate in Palisades.  This construction process included the complete submission of development permits for both the retrofit of the existing building and the additional 12,000 square foot building.

Palisades was sold to a national REIT in February, 2007.