MISSISSAUGA, ON, Sept. 20,
2023 /CNW/ - Morguard Corporation ("Morguard") (TSX:
MRC) extends a warm welcome to Ferragamo, one of the most acclaimed
brands in the luxury industry, to The Colonnade at 131 Bloor Street
West. Ferragamo's store opening in Canada marks a significant addition to The
Colonnade's distinguished portfolio, solidifying its status as a
destination for global luxury brands.
"It is our great pleasure to welcome Ferragamo to The
Colonnade," said David Wyatt, Senior
Vice President, Retail at Morguard. "The addition of Ferragamo to
131 Bloor Street West has strengthened our position in the luxury
retail leasing market while highlighting our best-in class property
management."
The new Ferragamo store spans 5,305 square feet and features a
transitional design that integrates special materials such as
travertine and elevated bronze into its construction. These modern
updates harmoniously complement Ferragamo's existing retail
concepts, influenced by the aesthetic changes under the direction
of Creative Director Maximilian
Davis. The store officially opened its doors on August 31st, offering pieces from
Davis's Autumn/Winter 2023 collection for both women and men along
with a curated selection of Canadian exclusives.
Owned and managed by Morguard, The Colonnade stands as a
heritage-protected property and Canada's first mixed-use building. Located in
the ultra-exclusive Bloor-Yorkville neighbourhood, The Colonnade
has been a coveted address for an array of luxury brands such as
Prada, Moncler, Cartier,
William Ashley, and Dior with each
establishing their physical storefronts as well as discerning
residents seeking sophisticated city living. With the addition of
Ferragamo to The Colonnade, Morguard continues to build robust
long-term relationships with a wide range of high-profile retailers
as the Bloor-Yorkville area experiences an ongoing increase in foot
traffic.
About Morguard
Corporation
Morguard Corporation is a major North American real estate and
property management company. It has extensive retail, office,
industrial, hotel and residential holdings owned directly and
through its investment in Morguard Real Estate Investment Trust and
Morguard North American Residential REIT. Morguard also provides
real estate management services to institutional and other
investors. Morguard's owned and managed portfolio of assets is
valued at $18.6 billion. Please
visit www.morguard.com or follow us
on LinkedIn.
SOURCE Morguard Corporation