Chew's News

Farm Boy to Open on Fourth Avenue, St. Catharines

Posted by Greg Chew on Jun 14, 2019 11:58:18 AM

 

We are excited about Farm Boy joining us at 295 Fourth Ave, St. Catharines. Construction is now underway for the grocery store along with three additional buildings. There are only a few units remaining at this location. Please contact me for details. 

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Topics: Retail

New LCBO Finally Coming to Niagara-on-the-Lake

Posted by Greg Chew on Feb 15, 2018 11:55:02 AM

Highway 55 in Virgil (Niagara-on-the-Lake) has undergone significant revitalization over the last few years. 1561 Niagara Stone Road (Hwy 55) is the latest confirmed retail development and will be anchored by Tim Horton’s and the LCBO.

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Topics: Commercial development, Commercial redevelopment, Retail

The Rise of E-Tailers Doesn't Mean the End of Commercial Real Estate

Posted by Greg Chew on Oct 13, 2017 10:08:24 AM

 

A significant amount of catastrophizing occurred in the retail world when online stores first rose to popularity. Predictions were that online retailers would signal the end of traditional retail storefronts, negatively impacting commercial real estate. However, while the recent sale of 100 RioCan properties may paint some truth into this picture, many retailers continue to find value in their brick and mortar locations.

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Topics: Retail

What’s Next in the Commercial Growth of Fourth Avenue

Posted by Greg Chew on Jan 26, 2017 11:05:46 AM

Fourth Avenue in St. Catharines is the city's fastest growing commercial node. Construction of the new Niagara Health System (NHS) site was a deciding factor for many investors to begin construction on the vacant lands that surround it. As of the beginning of this year, there are three large in-construction/established commercial projects that mark these lands including First Place, Fourth Avenue West Shopping Centre and the Pathstone Mental Health Building.

These new additions have further cemented Fourth Avenue as a major commercial/retail destination within the city joining the likes of retail giants at Glendale Ave., Lake St., Geneva St. and Ontario St.

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Topics: Commercial development, Niagara Economic Development, Retail

New Tenants Announced for the Fourth Avenue West Shopping Centre

Posted by Greg Chew on Jan 19, 2017 2:58:04 PM

St. Catharines’ Fourth Avenue continues to establish itself as one of the city's largest commercial/retail nodes with the growth of the 4th Avenue West Shopping Centre and First Place. The long established strip plazas and Super Centres of the area are now complimented by two mixed-use shopping centre’s, the new St. Catharines Hospital and the Pathstone Mental Health Facility.

The 4th Avenue West Shopping Centre sits between First Street and the Super Centre 2, and backs onto the 406. As of today, Princess Auto and KFC are operating on the property with the new headquarters for PenFinancial Credit Union under construction. Confirmed this week, a Sherwin-Williams paint store will open in the shopping centre, offering yet another national tenant and complementary commercial entity. In addition to Sherwin-Williams, two new restaurants are confirmed in East Side Mario's and Fionn MacCools. 

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Topics: Niagara, Retail, Leasing

How retail is adjusting to less foot traffic

Posted by Greg Chew on Oct 13, 2016 4:02:55 PM

There have been many articles written about the decline of consumer traffic in malls, it’s a trend that sees store traffic declining year-over-year. As consumer buying patterns continue to change and so to do purchasing options, traffic is not likely to return to numbers of the past. Despite declining traffic, strategic retailers are still finding ways to increase their annual sales.

An article released through, Retail Insider, suggests that retailers need to adjust the way they look at their business to find ways to improve sales with less foot traffic.

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Topics: Retail

Consumer trends reveal Canadian shopping preferences

Posted by Greg Chew on Aug 25, 2016 10:44:31 AM

A number of retail trends are changing the way that Canadians shop. 

A shift to online research, bargain shopping and a Canadian-made preference are just some of the trends affecting consumer behaviours. As these trends take more of a hold in Canada, retailers must adjust their marketing and business strategies to continue to compete. 

Below are three of the major trends shaping Canadian shopping preferences. 

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Topics: Retail

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All blog entries on this site are the opinion of the author(s) and not those of Colliers International. Colliers International neither endorses sponsors nor necessary shares the opinions of the author(s), regardless of whether any blog is posted by any employee, officer, agent, or representative of Colliers International. Colliers International has not authorized or verified any statement of fact made in a blog, and any such statement does not constitute a statement of fact by Colliers International. Colliers International is not responsible for the monitoring or filtering of any blog, nor does Colliers International claim ownership of control over any blog.