Terracap purchased the Roundhouse Centre in Windsor, Ontario in 2001 and invested in excess of $1.5M into new façade improvements. With Windsor’s history of economic stability, a low Canadian dollar, and the centre’s poor performance under Ivanhoe Cambridge, Terracap seized the opportunity to purchase the property, discontinuing weak leases, developing additional retail pads and remerchandising the centre.
Terracap modernised the centre with a re-façade program, dramatically improving the re-tenanting program and resulting in occupation of almost 100% of the in-line and office space. Key tenants include large retail chains such as Toys R Us, Shoppers Drugmart, HSBC, Meridian Credit Union, MacDonalds, LCBO, Pet Value, and a new 16,000 sf Lee Valley..
The centre boasts a prime Windsor location, across from the Devonshire Mall and next to the main east/west expressway. Currently at an 84% occupancy rate, Terracap is working to fill the centre to capacity.
Size / sf
Number of Floors
The Roundhouse Centre, a 216,000 sf retail / office plaza, located across the street from the dominant interior mall in Windsor, is home to several banks, retail chains and popular restaurants. Located in a prime Windsor, Ontario location the centre is currently 84%occupied, the most of the vacancy created by the construction of a new pad that is currently being tenanted.
- Next to E.C. Row
- Ample Parking
- 21 retail businesses
Primary Trade Area
Secondary Trade Area
|201 New||2,144||Immediate||$12.00||Office Space|
|PAD3 - 2||11,500|
|PAD6 - 3||4,372|
|PAD9 - B105 New||1,200||Immediate||$25.00|
|PAD9 - C104 New||1,200||Immediate||$25.00|
|PAD9 - D103 New||1,200||Immediate||$25.00|
|PAD9 - E102 New||2,030||Immediate||$25.00||End Cap with Drive-Thru capability|