First Capital Program Helps Small Retailers
A new First Capital REIT program is helping new Canadian retailers set up shop in small spaces.
Starter Space enables startup retailers to open bricks-and-mortar locations after achieving e-commerce success.
First Capital offers the spaces in its shopping-centre portfolio, which holds properties in 150 neighbourhoods across the country. Availabilities include kiosks, booths and units ranging from 400 to more than 2,000 square feet.
The spaces are available in major markets such as Vancouver, Calgary, Edmonton, the Greater Toronto Area and Greater Montreal. First Capital also offers the program in such small Ontario cities as Kitchener and London.
Retailers that have opened their first bricks-and-mortar outlets include Donut Party, which leased two Edmonton locations spanning 1,505 square feet and 835 sf, respectively and Burger Drops in Toronto’s Liberty Village (976 sf).
- ◦Lease
- ◦Development