VANCOUVER ISLAND’S LARGEST CANADIAN TIRE TO OPEN AT NANAIMO NORTH TOWN CENTRE FALL 2013 Shape Properties and Canadian Tire Pleased to Partner in Next Phase of Shopping Centre FOR IMMEDIATE RELEASE: VANCOUVER, BC – Shape Properties Corp. is excited to announce that Canadian Tire will be joining Nanaimo North Town Centre. The well-known Canadian retail and service brand will commence construction at the Nanaimo North Town Centre location in early Spring 2013 with plans to open in Fall 2013. Occupying 123,000 square feet with over 72,000 sf of new retail space this will be Canadian Tire’s largest location on Vancouver Island. “We are excited to be part of the development of Nanaimo North Town Centre,” said Clint Elenko, Associate Vice President of Canadian Tire. “This new store will allow us to better serve the Nanaimo community and provide an exciting new shopping experience for customers on Vancouver Island.” The new Nanaimo North location will include a Canadian Tire Auto Service Centre featuring 17 service bays as well as a Canadian Tire Garden Centre with 16,000 square feet of live goods and seasonal products. The construction of Canadian Tire will change the layout of the north end of the shopping centre site, including additional parking and a new entrance off Oliver Road that will provide convenient access. Shape Properties acquired Nanaimo North Town Centre in 2006 and, since that time, the shopping centre has undergone various upgrades, the most significant to date being the addition of London Drugs, Fairway Market and recently Tim Horton’s which opened their busy doors last month. “We are excited to be opening a comprehensive new Canadian Tire for Nanaimo residents,” commented Fay Laing, Vancouver Island General Manager for Shape Property Management. “It’s exciting to see our vision for the shopping experience in Nanaimo take shape,” Laing added. Additional retail developments for Nanaimo North Town Centre will be announced in the near future including details surrounding US based superstore, Target opening in Spring 2013. About Nanaimo North Town Centre Located at Rutherford Road, Nanaimo North Town Centre is Vancouver Island residents’ convenient shopping experience. Retailers include Sears, London Drugs, Fairway Market, Tim Horton’s, Best Buy and Galaxy Theatres. Canadian Tire and Target are scheduled to open at Nanaimo North in 2013. About Shape Properties Shape Properties is a visionary real estate investment company based in Vancouver, BC. Formed in 2005, Shape Properties Corp. has become the most active fully integrated real estate company in Western Canada, leading some of the largest and most exciting projects currently underway in North America. www.shapeproperties.com -30- For additional information please contact Fay Laing at 250-758-8111 ext. 124. For leasing information please contact Graham Horton at 604-694-7452.
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