Shift in shopping changes how tenants fill Vancouver's urban and suburban retail spaces: Report
It would be for what he hopes will be an Uber-like business where dozens of beauty professionals rent space and provide their services in one location that is about 6,000 square feet. Ideally, it would be located in an open-air strip mall that has parking and access to transit for customers and the hairdressers, nail technicians and massage therapists, as well as major grocery stores and big-box outlets.Start your day with a roundup of B.C.
“It’s really difficult to find that kind of space now,” said Colliers’ executive vice-president Sheldon Scott, who specializes in suburban commercial real estate. These spots also have some of the higher per-square-foot rates ranging from $70 to $240 compared with other high-street locations such as Vancouver’s West End, Yaletown and Mount Pleasant at between $50 and $85 per square foot.
“A lot of my work in the last six months has been backfilling previous restaurants and gyms that unfortunately didn’t make it through,” said Scott.Article content
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