Acquisition of Pembina Crossing

LS Properties is proud to announce the successful acquisition of Pembina Crossings, a prime grocery-anchored mixed-use development located at 1910 Pembina Highway in Winnipeg, Manitoba. The property is prominently located at the lighted intersection of Winnipeg’s busiest North/South and East/West thoroughfares, within two kilometers of the University of Manitoba’s 35,000 students plus staff members, surrounded by several strong and growing residential communities, and adjacent to the Southwest Rapid Transitway.

Pembina Crossings boasts a diverse tenant mix, including national and local retailers, government agencies, financial service providers, medical facilities, and restaurants. The property boasts a weighted average lease term of 11.40 years. LS Properties would like to extend a warm welcome to our tenants; ACCESS Fort Gary (WRHA), Toys “R” Us, Save on Foods, Shapes Co-ed Ltd., Staples, Best Buy Canada, Westoba Credit Union, Petland, Dollarama, DQ Grill & Chill, Dr. Mariam Nesseim (Dental Corp), Astro Medical, The Grill East Indian Cuisine and Bar, Westland Insurance, Crest Eyecare, Modern Man Barber Shop, Subway, Pizza Hut, and CIBC.

https://renx.ca/shindico-sells-fully-leased-winnipeg-development

https://www.winnipegfreepress.com/business/2023/05/25/shindicos-diversified-portfolio-positioned-for-opportunities