As retail space construction across Canada slows due to rising building costs, higher interest rates and general economic uncertainty, one Montreal developer has found that expanding existing properties offers a way to meet increasing demand from growing retailers and turn a profit.
This Montreal developer is expanding retail centres as little new space is added
Forum cofounder Dean Mendel says adding space at existing properties can be profitable
CoStar News
July 15, 2025 | 7:25 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Groupe Forum
Real Estate
- Contacts
- Dean Mendel
Founding Partner, Groupe Forum