Sites & Buildings - Retail, For Lease

Opportunity Information

210 - Brooks Landing Shopping Centre

210 2000 Island Highway North Nanaimo Vancouver Island and Coast Nanaimo Retail --
 

Terracap first purchased Brooks Landing Shopping Centre in 2004, after it was de-malled and transformed from an interior mall to an exterior grocery anchored retail due to significant and persistent vacancies. The property since being acquired has maintained close to 100% occupancy on a consistent basis.

The centre is located in Nanaimo, on Vancouver Island in British Colu... Read More

 
 
 
$18.00/SF $5.50/SF -- --
direct Immediately -- 1,423
 
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About Brooks Landing Shopping Centre

Terracap first purchased Brooks Landing Shopping Centre in 2004, after it was de-malled and transformed from an interior mall to an exterior grocery anchored retail due to significant and persistent vacancies. The property since being acquired has maintained close to 100% occupancy on a consistent basis.

The centre is located in Nanaimo, on Vancouver Island in British Columbia, 3 kilometres from the ferry terminal on the main access road and close to schools and transportation. Terracap acquired the centre when the Nanaimo market was a stagnant, secondary market, anticipating that the strength of Victoria’s market would soon spill over and result in growth for the area.

Through dedicated management and a significantly improved market, the vacant spaces have been leased out. The centre is now a full-service shopping centre, with a diverse collection of leasing retail and services, surrounded by the Government of British Columbia buildings, big box retailers such as Staples, gas, food and convenience stores such as Tim Hortons.


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Community Profile: Nanaimo

Vancouver Island and Coast
Nanaimo

Nestled between the mountains and the ocean Nanaimo is a 20 minute flight from downtown Vancouver or a 1.35 hour ferry ride. Nanaimo boasts both a vibrant business community and exceptional quality of life. Businesses choose to locate in Nanaimo because of the cost efficiencies, connections to markets, complete range of telecommunications services and talented workforce.

Statistics
Total Population 90,504
Median Household Income $61,094 ($CDN)
Closest Commercial Airport Nanaimo Airport (15km)
Closest Ocean Port Nanaimo (2km)
Closest Major Centre Vancouver (84km)
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