The team led the marketing and disposition of Bay Centre, a landmark shopping centre comprising over 420,000 square feet and occupying a full city block in the heart of Downtown Victoria, British Columbia. Strategically located within one of the province’s most established tourism, pedestrian and commercial corridors, the property benefits from its proximity to Victoria’s Inner Harbour, surrounding employment and amenities, and a growing downtown residential population.
The marketing process presented Bay Centre as a rare opportunity to acquire a prominent urban retail asset with established tenancy, sustained foot traffic and long-term repositioning potential.
The transaction culminated in the successful sale of Bay Centre to Leyad, marking the company’s first shopping centre acquisition in British Columbia and a strategic expansion of its national retail platform. The sale demonstrates the team’s ability to market significant urban retail assets and execute complex transactions across major Canadian markets.