BOMA 2016

Retail Overview

2

Agenda

•Alberta Retail Market Overview

•Emerging Retail Trends

•Notable Market Entrants & Acquisitions

•Featured New Developments

Edmonton EconomyRetail Sales

Source: ATB

Save-On-Foods:

•Browse products online

•Select and indicate preferences for goods

•Send your order for delivery or pick-up from select stores

Superstore:

•Order online

•Retrieve your order at a selected location

•Edmonton was the first market in Western Canada to

receive the company’s click-and-collect service.

Emerging Retail TrendsOnline Shopping Competition Increases

Tablet

28%

Emerging Retail TrendsHow Consumers Conduct Digital Product Research

Smartphone

28%

TV

2%

Desktop/Laptop

83%

Emerging Retail TrendsTrend Subscription Economy

Notable Edmonton Market Entrants

Saks Off 5th

• The Retailer it’s first

Edmonton location at

South Edmonton

Common on

September 1st.

• Saks OFF 5th has

opened 13 stores in

Canada so far and

plans for 25 by 2018

• Nordstrom Rack plans to open an

Edmonton location in Fall 2018

• The company plans to open between 15

and 20 new locations in the next few

years across Canada

Notable Market Entrants

Nordstrom Rack

Notable Recent Acquisitions

Bass Pro Shops Acquires Cabela’s for $5.5 billion USD

• Nearly doubled locations throughout the USA

and Canada with addition of 85 Cabela’s

properties

Original Joe’s / State & Main for $93 million CAD

• Cara now holds an 89.2% stake in Original Joe’s Franchise

Group Inc.

• 99 locations across Canada, including 66 Original Joe’s, 23

State & Mains, and 10 Elephant & Castles

Notable Recent Acquisitions

Cara Foods Acquires:

St. Hubert for $537 Million CAD

• 117 Restaurants, 2 Distribution Facilities & Real Estate

Brewery District – First Capital Realty & Sunlife Financial

• 300,000 square feet of mixed use office/retail with 250,000 square feet of underground

parking on a 13 acre site

• Tenants include Loblaws City Market, Winners, Shopper’s Drug Mart, Good Life Fitness, and

Mountain Equipment Co-Op.

Notable Centres Under DevelopmentEdmonton

ICE District– ONE Properties102 Street and 103 Avenue

• 300,000 square feet of multi-level retail area under development

• Edmonton Tower is set to finish construction in 2017, Stantec

Tower in 2019 and Ice District Tower B in 2020

• Edmonton’s newest luxury hotel will be arriving with the JW

Marriott, offering 356 rooms and suites with upscale amenities

Notable Centres Under DevelopmentEdmonton

Manning Town Centre & Village – Cameron Developments

• 850,000 square feet of leasable retail area on a 75.3 acre site

• Major tenants currently open for business include Cineplex,

Cabela’s, Sportchek, Winners, Marshal’s and Lowe’s.

• Superior Access: Now accessible via 153 avenue on Anthony

Henday Drive. Transit service recently began running to this

location, as of September 2016.

Notable Centres Under DevelopmentEdmonton

Jensen Lakes Crossing – Melcor Developments

• Landmark Cinemas recently announced a May 2018 opening

of an 8 screen theatre.

• 17 Acre development site in North St. Albert

• 105,000 square feet of retail space

Notable Centres Under DevelopmentSt. Albert Trail & Jensen Lakes Blvd.

Premium Outlet CollectionLocated at YEG Airport

• 428,000 + square feet of leasable retail area

•

• Over 100 stores and services

• Scheduled opening Fall 2017

Notable Centres Under DevelopmentEdmonton

Brett Killips, B. Comm, CCIM

E: brett.killips@cwedm.com Thank You