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Primaris Acquires Hamilton's Lime Ridge Mall for $416 Million

6/18/2025

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Summary

Story summary

Primaris Real Estate Investment Trust purchased Lime Ridge Mall in Hamilton for $416 million from Cadillac Fairview.
The mall boasts annual sales exceeding $251 million and a sales productivity of $841 per square foot.
Primaris plans to optimize vacant areas and improve leasing opportunities after the acquisition.
Lime Ridge Mall, located at 999 Upper Wentworth Street, is Hamilton's largest shopping center.
This acquisition supports Primaris' growth strategy, aiming for $1 billion in acquisitions by 2025.

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Story summary

Primaris Real Estate Investment Trust purchased Lime Ridge Mall in Hamilton for $416 million from Cadillac Fairview.
The mall boasts annual sales exceeding $251 million and a sales productivity of $841 per square foot.
Primaris plans to optimize vacant areas and improve leasing opportunities after the acquisition.
Lime Ridge Mall, located at 999 Upper Wentworth Street, is Hamilton's largest shopping center.
This acquisition supports Primaris' growth strategy, aiming for $1 billion in acquisitions by 2025.