Alberta, Canada, 27th August 2024, ZEX PR WIRE<\/a>,\u00a0<\/strong>R2 Capital Partners<\/a>, a prominent real estate investment firm, proudly announces the achievement of 100% occupancy at\u00a0Rothesay Centre<\/a>\u00a0in Saint John, NB, following the successful lease agreements with three key tenants. This milestone marks a significant accomplishment, elevating the Centre from 77% occupancy at the time of acquisition just two years ago.<\/p>\n

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In addition to filling vacancies, R2 Capital Partners has made substantial investments in updating the curb appeal and implementing various other improvements aimed at attracting more tenants and customers. These enhancements have significantly elevated the overall experience for the community, positioning Rothesay Centre as a premier shopping destination in the region.<\/p>\n

Among the new tenants, Fit4Less\u2014a budget-friendly fitness brand under GoodLife Fitness\u2014has taken up a prime 20,000-square-foot space, further complementing the Centre\u2019s diverse retail offerings. The swift execution of this lease underscores R2\u2019s agility and expertise in the market.<\/p>\n

Beyond tenant leasing, R2 has also secured auxiliary revenue streams, including a\u00a0Digital Billboard<\/a>\u00a0lease to Pattinson and a cell tower lease to Rogers. The firm has also identified and implemented several additional revenue-generating opportunities by making effective use of previously underutilized areas of the property. These strategic moves not only enhance the value of Centre but also deliver exceptional returns for our investors.<\/p>\n

\u201cWe are extremely pleased with the outcome of our team\u2019s efforts at Rothesay Centre,\u201d said Brock Rogerson, Managing Partner of R2 Capital Partners. \u201cThe combination of full occupancy, significant property improvements, and new revenue streams highlights our commitment to delivering value to both our tenants and investors.\u201d<\/p>\n

Fit4Less joins a diverse lineup of national and regional tenants, including Atlantic Superstore, Staples, Cannabis NB, Starbucks, Sheppard Chiropractic, and Maritime Bus, solidifying Rothesay Centre\u2019s position as a leading shopping destination in Saint John.<\/p>\n

R2 Capital provides individual investors with access to institutional-grade real estate assets, specializing in necessity-based retail, office and residential real estate; sourcing opportunities both on and off-market across North America.<\/p>\n

From acquisition to disposition, R2 Capital oversees the entire investment lifecycle in-house, leveraging top talent in legal, acquisitions, financing, property management, leasing, and other vital areas.<\/p>\n<\/div>\n<\/div>\n

\nThe Post R2 Capital Reaches 100% Occupancy at Rothesay Centre in Saint John, NB\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n

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Alberta, Canada, 27th August 2024, ZEX PR WIRE,\u00a0R2 Capital Partners, a prominent real estate investment firm, proudly announces the achievement of 100% occupancy at\u00a0Rothesay Centre\u00a0in Saint John, NB, following the successful lease agreements with three key tenants. This milestone marks a significant accomplishment, elevating the Centre from 77% occupancy at the time of acquisition just […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-10224","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/posts\/10224"}],"collection":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/comments?post=10224"}],"version-history":[{"count":0,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/posts\/10224\/revisions"}],"wp:attachment":[{"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/media?parent=10224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/categories?post=10224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/berlinverdict.com\/wp-json\/wp\/v2\/tags?post=10224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}