Leasing Overview

Crombie with over 11.2 million square feet of leaseable space offers a wide variety of commercial real estate to suit every need, be it regional or community malls, retail plaza’s or office space. We are a "hands on" company that operates our own properties, and we are committed to building personal and rewarding relationships with all our valued customers.

  - our company
- history
- leasing overview
Our portfolio consists of 113 properties, including 14 enclosedshopping centres, 44 strip plazas, 42 freestanding, 8 mixed-use properties and 5 office buildings. We are strategically located throughout Atlantic Canada, Quebec, Ontario and Saskatchewan.

ECL Developments Limited (“ECL”) is an indirectly owned subsidiary of Empire Company Limited, with a principal role of developing commercial real estate. The relationship between ECL and Crombie is governed by a development agreement which provides Crombie with a preferential right to acquire retail properties developed by ECL, subject to approval by the independent trustees. The history of the relationship between Crombie and ECL continues to provide promising opportunities for growth through future development opportunities on both new and existing sites in Crombie’s portfolio.

ECL currently owns a significant number of properties in the development phase that will be offered to Crombie on a preferential right through the development agreement when the properties are sufficiently developed to meet Crombie’s acquisition criteria. The properties are primarily retail plazas and approximately 50% of the GLA of the properties is located outside of Atlantic Canada. These properties are anticipated to be made available to Crombie over the next five years.


print this page
e-mail this page
 

Crombie REIT | 115 King Street | Stellarton, Nova Scotia | B0K 1S0 | Tel. 902.755.8100
Copyright 2010