Acquisition of Meadows Market

We are very pleased to announce that LS properties has purchased a Costco anchored retail power centre located in Rosewood, one of Saskatoon’s fastest-growing affluent neighbourhoods. Once completed, the Meadows Market will have approximately 161,350 square feet of prime retail on a 14.05-acre site. It is part of a master-planned, award-winning community, The Meadows. Meadows Market has an extremely strong mix of national tenants including Scotiabank, PetSmart, Marshalls, Tim Hortons, Vision Electronics, McDonald’s and Co-Op Liquor. Despite the Covid-19 induced market shock, activity was kept strong and a large number of local tenants have joined the project including Pitchfork Market, Haines Mile Pub, Dutch love, Bolt mobile, Tandoori Xpress, Knight Archer and Arbutus. The resilience in leasing during a difficult economic period serves to display the strength of the development. A third wave of tenants are scheduled to enter the site in 2022, including Subway and KFC.