{"id":3557,"date":"2024-10-31T08:00:00","date_gmt":"2024-10-31T12:00:00","guid":{"rendered":"https:\/\/westcliff.ca\/?p=3557"},"modified":"2024-11-26T11:36:43","modified_gmt":"2024-11-26T16:36:43","slug":"westcliff-announces-acquisition-of-new-brunswicks-leading-super-regional-shopping-center","status":"publish","type":"post","link":"https:\/\/westcliff.ca\/en\/press-release\/westcliff-announces-acquisition-of-new-brunswicks-leading-super-regional-shopping-center\/","title":{"rendered":"Westcliff Announces Acquisition of New Brunswick&#8217;s Leading Super Regional Shopping Center"},"content":{"rendered":"\r\n\r\n<section class=\"wysiwyg-block || mb-0 max-w-[960px] wrapper mt-16 || lg:mx-auto\" >\r\n    <div class=\"wysiwyg\">\r\n        <p>Westcliff has officially acquired Champlain Place in Dieppe, New Brunswick, strengthening its Canadian footprint with this premier retail destination.<\/p>\n<blockquote><p>\u201cChamplain Place perfectly aligns with Westcliff\u2019s strategy, marking our commitment to high-caliber assets in key growth markets. With impressive sales nearing 800$ per square foot and an outstanding roster of renowned tenants, this property embodies the quality and dynamism we seek to bring into our portfolio.\u201d<\/p><\/blockquote>\n<p>Nicolas D&#8217;Aoust, Vice President of Westcliff and Head of Leasing<\/p>\n<blockquote><p>\u201cChamplain Place represents more than an addition to our portfolio; it demonstrates Westcliff\u2019s dedication to being part of Canada\u2019s regional communities. We\u2019re thrilled to welcome our new team members, who will become an integral part of our team, ensuring the continued success and impact of Champlain Place on the local economy.\u201d<\/p><\/blockquote>\n<p>Alan Marcovitz, Westcliff Group\u2019s President and Chairman of the Board<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-3560 size-full lazyload\" data-src=\"https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554.jpg\" alt=\"\" width=\"8192\" height=\"5464\" data-srcset=\"https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554.jpg 8192w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-300x200.jpg 300w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-1024x683.jpg 1024w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-150x100.jpg 150w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-768x512.jpg 768w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-1536x1025.jpg 1536w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-1600x1067.jpg 1600w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-900x600.jpg 900w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-733x489.jpg 733w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-1490x994.jpg 1490w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-1186x791.jpg 1186w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-1099x733.jpg 1099w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-732x488.jpg 732w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-1100x734.jpg 1100w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-800x534.jpg 800w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-581x388.jpg 581w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-472x315.jpg 472w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-430x287.jpg 430w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-450x300.jpg 450w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-180x120.jpg 180w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-123x82.jpg 123w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-327x218.jpg 327w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-554-252x168.jpg 252w\" data-sizes=\"(max-width: 8192px) 100vw, 8192px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 8192px; --smush-placeholder-aspect-ratio: 8192\/5464;\" \/><\/p>\n<h2>Property Highlights<\/h2>\n<p>As the largest super regional shopping center in New Brunswick, Champlain Place occupies a central role in Greater Moncton\u2019s retail landscape. This premier location spans 784,372 square feet on a 60-acre site and hosts over 150 stores, including renowned tenants like Walmart, Bass Pro Shops, Cineplex, Sport Chek, H&amp;M, LL Bean, Lululemon, TD Canada Trust and Sobeys (shadow). The center\u2019s strategic location in one of Canada\u2019s fastest-growing Census Metropolitan Areas (CMA) allows it to serve a broad catchment area of 1.6 million people within a 2.5-hour drive.<\/p>\n<p>Surrounded by a diverse array of complementary services \u2013 hotels, restaurants, grocery stores, and essential amenities \u2013 Champlain Place offers a complete consumer experience while reinforcing the vibrancy and growth of the Greater Moncton area.<\/p>\n<h2>Strengthening Community Connections<\/h2>\n<p>With a presence across Canada and the United States, Westcliff is committed to fostering local economies by investing in and partnering with the communities it serves. By integrating seamlessly with Champlain Place\u2019s current workforce, Westcliff ensures that all employees remain an essential part of its operations, reflecting its values of stability, growth, and community engagement in every location.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-3564 size-full lazyload\" data-src=\"https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1.jpg\" alt=\"\" width=\"8192\" height=\"5464\" data-srcset=\"https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1.jpg 8192w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-300x200.jpg 300w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-1024x683.jpg 1024w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-150x100.jpg 150w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-768x512.jpg 768w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-1536x1025.jpg 1536w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-1600x1067.jpg 1600w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-900x600.jpg 900w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-733x489.jpg 733w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-1490x994.jpg 1490w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-1186x791.jpg 1186w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-1099x733.jpg 1099w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-732x488.jpg 732w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-1100x734.jpg 1100w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-800x534.jpg 800w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-581x388.jpg 581w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-472x315.jpg 472w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-430x287.jpg 430w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-450x300.jpg 450w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-180x120.jpg 180w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-123x82.jpg 123w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-327x218.jpg 327w, https:\/\/westcliff.ca\/wp-content\/uploads\/2024\/10\/231012-Champlain-770-1-252x168.jpg 252w\" data-sizes=\"(max-width: 8192px) 100vw, 8192px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 8192px; --smush-placeholder-aspect-ratio: 8192\/5464;\" \/><\/p>\n<h2>About Westcliff<\/h2>\n<p>Westcliff is a privately owned real estate development and management company that unlocks each property\u2019s full potential. The success it enjoys today stems from over 50 years of know-how in the development, construction, and management of large-scale real estate projects in Canada and the United States. Renowned for its commitment to building lasting relationships with its partners and customers, Westcliff\u2019s reputation stands on in-depth industry knowledge and experience in all aspects of the business. From property acquisition to ground up development, asset repositioning &amp; revitalization and from property management to leasing and financing, our team of over 500 identifies the best opportunities and works together to deliver results.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Contact:<\/strong><\/p>\n<p>Catherine Souli\u00e9<br \/>\nDirector, Communications and Marketing<br \/>\ncsoulie@westcliff.ca<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n    <\/div>\r\n    <div class=\"socials || font-silka mt-10 || md:mt-20 \">\r\n        <p class=\"subtitle || mb-4 !p-0 uppercase\">share :<\/p>\r\n        <div class=\"flex items-end gap-4\">\r\n            <a href=\"http:\/\/www.facebook.com\/sharer.php?u=https:\/\/westcliff.ca\/en\/press-release\/westcliff-announces-acquisition-of-new-brunswicks-leading-super-regional-shopping-center\/\" target=\"_blank\" onclick=\"window.open(https:\/\/westcliff.ca\/en\/press-release\/westcliff-announces-acquisition-of-new-brunswicks-leading-super-regional-shopping-center\/, 'targetWindow', 'toolbar=no,location=no,status=no,menubar=no,scrollbars=yes,resizable=yes,width=800,height=600'); 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