CALGARY, March 24, 2015 /CNW/ - Strategic Group is pleased to announce
the acquisition of Duncan Centre, including Duncan Plaza, Duncan
Village and Duncan Mall. Located in Duncan, British Columbia, the 27.9
acre property currently includes over 40 shops and services such as
Staples, Winners, Petsmart, London Drugs and Real Canadian Superstore,
totalling more than 361,809 square feet of retail space with possible
expansion of an additional 4,400 square feet.
"We are excited to be expanding our portfolio in British Columbia and
look forward to being a part of the Duncan community" said Strategic
Group CEO, Riaz Mamdani. "We look forward to developing strong
relationships with our tenants at Duncan Centre as well as the Cowichan
Band and the town of Duncan."
Duncan, BC is located on Vancouver Island, 50 km north of Victoria. It
is home to approximately 5,000 residents, and supports the larger
Cowichan Valley area population of 80,000.
Strategic Group has engaged a third party property manager for the day
to day management of Duncan Centre and has listed the properties with
Colliers International, for its leasing activities.
About Strategic Group
Strategic Group owns, manages and develops office, retail and apartment
properties across Canada. Our approach is unconventional and creative
while delivering on the fundamentals of real estate. This
unconventional and creative approach is reflected in our Mantra:
"Creating value others can't by seeing what others don't".
Alberta-based Strategic Group is one of the largest privately-held real
estate companies in Canada. Our company is fully integrated, which
means we own, manage, lease, develop, re-develop and re-purpose our
portfolio on our own, for ourselves. Strategic Group has national
reach, with property ownership from Vancouver Island to Atlantic
At Strategic Group, we adhere to our values around People, Community and
Our People want to learn, grow and have fun
Our Community commitment is impact, legacy and pride
Our Business is about growth, sustainability and longevity
Real Estate is our focus but we also own businesses in other industries
including construction, building services, oilfield services, telecom,
pet care, agriculture, technology, and corporate finance.
SOURCE Strategic Group
For further information:
For media inquiries, please contact:
Lauren Herschel - Director, Brand and Community
Email: email@example.com StrategicGroup.ca