News

ReDev Properties announces the sale of Dixie Road Plaza, Mississauga

(Toronto, July 20, 2018) ReDev Properties is proud to announce the sale of Dixie Road Plaza, in the City of Mississauga. The building (86,547 square feet) is situated in the westerly part of the Greater Toronto Area. It is zoned for mixed-use with great accessibility via public transit.

“The area has a strong retail market and this property offers a diversified blend of retail, restaurant, and showroom use,” said Richard Crenian, Founder and President of ReDev Properties. “We believe this was the right time for ReDev to sell this property to ensure the best return for our investors.”

The complete press release is posted at https://www.redevgroup.com/redev-properties-announces-the-sale-of-dixie-road-plaza-mississauga

News

ReDev Properties welcomes Sherwin-Williams to Edmonton’s Kensington Commons

(Toronto, July 20, 2018) ReDev Properties has completed a lease agreement with paints giant, Sherwin-Williams, at Kensington Commons in Edmonton.
“This is an ideal partnership,” said Richard Crenian, Founder and President of ReDev Properties.

“Sherwin-Williams is moving into a site surrounded by mature developed neighbourhoods where residents are likely to be interested in renovating or improving their homes.” He added, “We are pleased we could accommodate Sherwin-Williams after both sides work diligently to find terms that worked.” Kensington Commons opened its doors to tenants in 2014 and features a strong mix of national and local tenants. Along with retail, there are financial services and personal and wellness centres located on a site that has direct access to 137 th Avenue and 127 th Street; both primary roadways servicing the north-eastern sector of the city

The complete press release is posted at https://www.redevgroup.com/redev-properties-welcomes-sherwin-williams-to-edmontons-kensington-commons