View Single Post
Old 10-05-2008, 10:47 AM   #8
Guest1
Guest
 
Default

I work at Southcentre and my company has stores in Chinook and Market. Right now all 3 of us are slow.

Chinook (whose rent is CRAZY!!!) is hurting because there is no parking.

We're slow because they just ripped up our North parking lot and we've got so many stores under construction that there's really not alot of stores to shop at... but people come to our mall because they hate the business of Chinook (our rent is still pretty good, but I'm sure they'll jack the price up in a year or 2 to pay for the renovations) I've seen pictures of the renovations and one section (by Lululemon) they're putting in a "sports zone" with a jumbo-tron-tv that will be playing sports all day with lazy-boys to sit in! I'm not sure how many people are going to come see Crate & Barrel and Restoration Hardware...

Our Market locations rent just went up. They aren't doing anything spectacular, but they aren't hurting either. Weekends are definately their money maker. You would think they would be alot more busier with the construction, but nobody from the south wants to go all the way up there.

If it wasn't in the hood, I would suggest Sunridge. The renos they've done are good and they are starting to get some decent tenants and I'm sure rent is cheap. Just make sure the wall to your back room is re-enforced with something metal so the theives that try to break in through your back wall can't get in.

I still haven't heard much about the Cross Iron Mills Mall in Balzac.... but same company as the one that owns Southcentre...

I think it would depend on what you are selling because each mall does have a particular clientel...
Good Luck!
  Reply With Quote