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Former Toys R Us Canada stores trade hands, attract new tenants

Decathlon's deal to buy St‑Bruno location latest transaction involving retailer's former properties
Doug Putnam's company sold this retail box at 2929 32nd Ave. NE in Calgary for $15.5 million in August 2025. (CoStar).
Doug Putnam's company sold this retail box at 2929 32nd Ave. NE in Calgary for $15.5 million in August 2025. (CoStar).

While not as impactful as Hudson's Bay's shuttering, the court‑supervised restructuring of Toys R Us Canada is starting to ripple through the country’s retail property market, leaving behind a network of big‑box stores that are being sold or vacated.

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