Monday, 30 September 2013

Gulf & Pacific Equities Corp Welcomes . ("Ardene"), as its newest tenant in the Tri-City Mall

Gulf & Pacific Equities Corp. (TSX VENTURE:GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, is pleased to welcome Arden Holdings Inc. ("Ardene"), as its newest tenant in the Tri-City Mall, in Cold Lake Alberta.


Ardene accepted possession of the premises on September 3, 2013 and fixturing has commenced on site. The anticipated opening of the new store will be in the last quarter of this year.
The term of the lease is ten years with two extension periods of five years each for a potential lease period of twenty years.


"We are excited to see Ardene join our other tenants Bootlegger/Ricki's, Dollar Tree, Herbal Magic International, Penningtons, Pizza Hut, Sobey's, Sportchek, The Source, Value Drug Mart and Warehouse One at the Tri-City Mall. We hope to have more good news soon, so that the mall remains a dynamic retail hub for the residents of Cold Lake," said Anthony Cohen, President and CEO.


For full details, please visit us at www.gpequities.com.


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