Kamloops Retail Vacancy

High retail vacancy rate ‘a one-off for Kamloops’

KAMLOOPS - Commercial space vacancy in Kamloops is the highest it has been in the last three years but market analysts at a local real estate firm suggest the percentage is based solely on the thousands of square footage left empty by the now-defunct Target Canada in Sahali Mall. Prior to the big box departure,...

Retail vacancy rates set to climb in Kamloops

KAMLOOPS - Once Target shuts down, the retail vacancy rate in the Sahali, Southgate area will jump to 9.66 per cent from 3.38 per cent two years ago. Katie Martin with Colliers Kamloops points out several larger shops have closed up in the past two years also, including the Dollar Store by Walmart, Petcetera and...