ReDev Properties welcomes Sherwin-Williams to Edmonton’s Kensington Commons
(Toronto, July 20, 2018) ReDev Properties has completed a lease agreement with paints giant, Sherwin-Williams, at Kensington Commons in Edmonton.
“This is an ideal partnership,” said Richard Crenian, Founder and President of ReDev Properties.
“Sherwin-Williams is moving into a site surrounded by mature developed neighbourhoods where residents are likely to be interested in renovating or improving their homes.” He added, “We are pleased we could accommodate Sherwin-Williams after both sides work diligently to find terms that worked.” Kensington Commons opened its doors to tenants in 2014 and features a strong mix of national and local tenants. Along with retail, there are financial services and personal and wellness centres located on a site that has direct access to 137 th Avenue and 127 th Street; both primary roadways servicing the north-eastern sector of the city.
Sherwin Williams is one of the best-known paint manufacturers in the world. It currently has more than 4,600 stores worldwide and revenue of almost US$15 Billion.
About ReDev Properties
Founded in 2001 by Richard Crenian, ReDev Properties is a leading real estate investment
management firm with an exceptional track record of successfully owning, developing, and
managing over $2.5 Billion of real estate properties across Canada. ReDev focuses solely on
commercial real estate, which enables the firm to deliver competitive investment performance,
while ensuring alignment of interest with partners.