Qualico Properties Edmonton Sees Benefits from Façade Refresh at West Point Centre
Edmonton, AB – Qualico Properties Edmonton is seeing a positive return on investment with its West Point Centre after recently completing a façade refresh. Driven by this revitalization, the business unit has now leased 43,000 sq. ft. that was previously vacant following the closure of two big-box businesses nationwide.
West Point Centre’s façade refresh is bringing the newest leases and largest volumes of traffic to the area over the past year, with nearly 80,000 sq. ft. currently being leased and just under 10,000 sq. ft. of vacancy remaining.
The updated exterior has attracted a diverse range of tenants, making West Point Centre the community's one-stop location for groceries, pet supplies, clothing, electronics, banking, dining, and medical services.
Mike Saunders, Senior Vice-President, Qualico Properties, described West Point Centre as a key connector between people, services and businesses.
“I am pleased to see how West Point Centre has revitalized its position in the community,” said Mike. “The recent façade refresh has quickly gathered momentum, resulting in an increased velocity of new leases and volumes of traffic over the past year. West Point Centre plays a vital role in the community.”
The refresh also influenced existing tenant Best Buy to expand their space by 17,000 sq. ft. and invest $5 million of their own funds toward a complete interior revamp, which has made the West Point Centre location Best Buy’s most cutting-edge store.
Elijah Stauth, Marketing Manager, Qualico Properties, said along with the façade refresh, the business unit’s approach to leasing has made it possible to fill vacant space quickly with quality tenants.
"At Qualico Properties, we take pride in our ability to create partnerships that provide long-term value for our tenants,” he said. “Our recent leasing of 43,000 sq. ft. of previously vacant space in the wake of two big-box business closures is a testament to the value tenants place on our partnership approach. This long-term perspective allows us to maintain a leading role in the retail leasing industry.”
With a prime location that sees more than 85,000 vehicles pass by each day on three roadways, West Point Centre’s façade refresh will be seen by many eyes and is sure to attract the attention of both consumers and potential tenants.
North and South Site Plan for West Point Centre
Published: February 20222021 - A Year in Review
Published: February 20212021 - A Year in Review
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