387-397 King St E and 6 Madison Ave | 2 & 8 fl | U/C

[robdrimmie]

Isn't this B&T's project? If that is true, it seems reasonable to assume which grocery will occupy the space.

Is it?  I understood that the developer was from Toronto, although that goes back to the time the St Clair TV business was closing down.

My source is this article. I think it is relevant that nothing in the article suggests B&T itself would move in to the space.

https://www.therecord.com/news-story/896...apartments

Part of what has primed us to make the assumption that B&T is moving in is the renders on the project site (which have the grocery in the wrong building so are likely not actually meaningful plans): https://www.fryettarchitect.com/portfoli...ng-street/



I think listing the entire space makes a lot of sense though. If I am a business owner and a landlord, then I can run my business on my property but I don't have to. If I can lease out that property for more money than my business can afford, then it's in my interest to lease my property and run my business where it is less expensive.

I have no idea what the difference in cost between listing a floor of office space versus a floor of office space and a floor of retail space but I think any such cost is born by the broker - in most commercial real estate situations, I think brokers don't get paid until there's a tenant? - not the landlord. That all seems like no or negligible financial risk on the landlord's part, for potentially significant gain.