Quote:
Originally Posted by swimmer_spe
I am not sure about Thunder Bay, and Timmins
But I know the Soo, Sudbury and North Bay all have a Sears in a major mall. With the liquidation and closure, what do you think will happen to those large retail spaces?
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The occupancy level in the New Sudbury Shopping Centre is very high. I'd imagine that the mall ownership will subdivide Sears' area and fill it that way fairly successfully.
The Northgate mall in North Bay will likely do the same thing - I am not sure how successful they'll be in re-leasing it, though.
Square One in Timmins will have a heck of a time - they've lost two major anchors since 2010. I'm not sure there is much market for that much retail space up there.