A source tells us that Sears Canada has just sold two more of its store leases to its mall landlords. This time the landlord is Oxford Properties, and the mall locations are the Yorkdale Shopping Centre in Toronto and Square One Shopping Centre in Mississauga.
|Yorkdale Shopping Centre, Toronto|
|Square One Shopping Centre, Mississauga|
Reader Eric Lewis has noted that the Square One Sears space could be utilized in a proposed mall expansion/reconfiguration at that end of the mall.
We'll keep you updated on these interesting Sears developments. Given that Sears is still open to selling its Canadian store leases, we could see the way paved for more Nordstrom stores, including one in the much coveted Sears space at the Toronto Eaton Centre.
Thank you to our source "K.W." for notifying us of this story.
[Sears Canada website]
[Square One Shopping Centre website]
[Yorkdale Shopping Centre website]