Montreal real estate company Westcliff has acquired Kingsway Mall in Edmonton.
The 81,759-square-metre shopping centre was built in 1976 and is home to more than 160 stores and services.
“Kingsway Mall represents the kind of asset that has always been central to Westcliff’s approach. A well-established property, deeply rooted in its region, with the ability to serve its community for generations to come,” said Alan Marcovitz, President of Westcliff. “Our return to Western Canada reflects our confidence in the Edmonton market and in the enduring value of retail destinations that bring people together.”
Westcliff said it will work closely with Kingsway Mall’s existing management and operations teams to support a smooth transition and maintain continuity for tenants, shoppers and the broader community.
Kingsway is the only property Westcliff currently owns in western Canada.
Comments