True, they did have a lot of closures didn't they. Probably pandemic plus oversaturated market.Honestly don't know.
Starbucks closed a raft of locations around that time, so it wasn' unique to that spot.
So I wouldn't make any leaps there; except to say, it seems a curious acquisition all on its own.
Also curious to see its fate. I imagine it has some decent heritage protection, but of course some slim infill could probably slide in behind it. It does seem a bit small fish for Brookfield if it didn't have redevelopment potential.