Metro Vancouver malls earn high marks among top Canadian shopping centresJanuary 27, 2017 8:43 pm
Three Metro Vancouver malls have been ranked in the top 10 most productive Canadian shopping centres in a new report released by the Retail Council of Canada (RCC).
The report ranked 30 of Canada’s top shopping malls based on sales per square foot, overall size and pedestrian counts.
Toronto’s Yorkdale Shopping Centre topped the list with sales per square foot of $1,650. Vancouver’s Oakridge Centre was the second most productive in the country at $1,537 sales per square foot, Pacific Centre ranked third ($1,523) and Metropolis at Metrotown in Burnaby ranked eighth ($1,035).
Overall, the report ranked Vancouver as having the most productive malls in Canada, averaging $1,019 in sales per square foot, per capita. Toronto trailed only Vancouver at $860 per square foot.
Categorized in: The Vancouver Sun