Primaris REIT’s new leasing strategy, which aims to fill vacancies left by Hudson’s Bay Co. and Sears, reflects Canada’s economic reality.
HBC, Sears closures at Primaris centers clear path for expansion by major retailers
'We've done some leasing with Walmart,' REIT CEO Alex Avery says
By Neil Sharma
December 16, 2025 | 7:37 P.M.
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IN THIS ARTICLE
- Properties
- Hudson's Bay
44 Bloor St, Toronto, ON
- Lime Ridge Mall
999 Upper Wentworth St, Hamilton, ON
- Companies
- Primaris REIT
Real Estate
- Walmart Inc.
Retailer
- Contacts
- Alex Avery
Chief Executive Officer, Primaris REIT
- Keith Reading
Senior Director, Research, Morguard Investments Limited