ACT7
Active Member
According to a Cushman and Wakefield report, Brooks Brothers is opening up a third location at 262 Bloor Street West. This takes them west of Avenue Rd. Nice to see that part of Yorkville becoming more high-end.
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Student99
Active Member
The old BMO location at St George and Bloor? Seriously? That's not a very big retail space, unless they plan on taking over spaces of neighbouring stores as well... And I'd consider this area more of the Annex than Yorkville
ACT7
Active Member
It's true - according to the report, it's only going to be a 2,000 sq. ft. store. I actually think it's perfectly suited for a condo retail site. Might only be an 'airport retail' kind of store.
pw20
Active Member
Its probably a Black Fleece concept store. They're usually about 2500 square feet... there's one on Bleecker street in NYC and in San Fran. I think there are only 3 actually... it highlights their confidence in the Toronto market (RBC Plaza has done exceptionally well for them).
http://articles.sfgate.com/2010-03-17/business/18835132_1_brooks-brothers-marks-spencer-thom-browne
http://www.blackfleece.com/#/stores
http://articles.sfgate.com/2010-03-17/business/18835132_1_brooks-brothers-marks-spencer-thom-browne
http://www.blackfleece.com/#/stores
bAuHaUs
Active Member
Please post report or provide a link to it, thanks!
ACT7
Active Member
Sorry, here is the link to the whole report...
http://www.cushwake.com/cwmbs2q11/PDF/retail_toronto_2q11.pdf
ACT7
Active Member
You're right, that's what it looks like it will be. Makes perfect sense to put it in a building with multi-million dollar condos in it.
pw20
Active Member
bAuHaUs
Active Member
Thanks for posting so quickly.
Student99
Active Member
It's not a condo building. It's a U of T office building with a bit of retail at ground level.
See here. http://matrix.cwcanada.com/user/website/CWLePage/ls_TransListingProfilePublic_en.asp?TransID=357568
ACT7
Active Member
Yah, I noticed that on my way home. That spot has been vacant for a while now, but it's great to see that it's not going to be some low end cafe.
taal
Senior Member
wow over 85$ in gross rent ? Office space is so much cheaper ? i.e. AAA office space is usually in the 60/70 range gross max
Urban Shocker
Doyenne
When I dropped by the store a couple of weeks ago I was told they're going to 38 Avenue Road and will reopen mid-September.
pw20
Active Member
I'd love to see an American department store carve out a department store out of the first four floors of the TD branch at Bay and Bloor... would be a KILLER location for a department store.
bAuHaUs
Active Member
Porsche Design will move into old Marciano space (next to TD Bank)