Cushman & Wakefield Atlantic is pleased to announce that it has been awarded the retail leasing mandate for the Slate assets in Nova Scotia, New Brunswick, and Newfoundland & Labrador. Slate Acquisitions Inc. acquired the assets in a recent purchase from Cominar REIT.
“This is an exciting time for Slate, and more importantly for the retail marketplace in Atlantic Canada”, says Bill MacAvoy, Managing Director of Cushman & Wakefield Atlantic. “We love the energy which Slate brings to its holdings, and are pleased to be able to market the available spaces on their behalf”, he continues. The sixteen retail assets include, among others, Dartmouth Shopping Centre on Wyse Road in Halifax, the former Sleeman Brewery on Windmill Road, 24 Stavanger Drive in St. John’s, NL, 50 Crown Street in Saint John, NB, and the Bathurst Mall in Bathurst, NB.
The mandate coincides with affiliated company Cushman & Wakefield Asset Services being awarded property management by Slate for the retained office and retail. MacAvoy added, “The ability to offer an enhanced suite of services to the Canadian market, including Atlantic, was an essential element of the acquisition of 20Vic by Cushman & Wakefield Limited six months ago. This is a great example of that concept.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory.