Econo-Malls

Econo-Malls EM Real Estate aims for excellence in real estate management and development.

Since the development of our first shopping center in 1976, in Newfoundland, Econo-Malls has become one of the leaders in the commercial real estate industry in Atlantic Canada, specializing in retail commercial centres, such as enclosed malls and strip plazas ranging in size from 50,000 to 350,000 square feet. Econo-Malls is currently responsible for the acquisition, management, development or re

development of more than 3.5 million square feet (GLA) of property across Québec, Ontario, New Brunswick, Nova Scotia and Newfoundland & Labrador. With the undivided attention of a family-run operation and the full strength of our expert executives, our mission is to maximize the net operating income of our properties and foster our clients’ financial growth through real estate and investment opportunities. Let’s stay connected!
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Depuis le développement de notre premier centre commercial à Terre-Neuve en 1976, Econo‑Malls est devenu l'un des chefs de file de l'industrie de l'immobilier commercial dans les provinces de l’Atlantique. Nous nous spécialisons dans le commerce de détail, tels que les centres commerciaux et les mails linéaires dont la superficie varie de 50 000 à 350 000 pieds carrés. À ce jour, nous sommes responsables de l'acquisition, de la gestion, du développement et du réaménagement de plus de 3,5 millions de pieds carrés de superficie locative à travers le Québec, l’Ontario, le Nouveau-Brunswick, la Nouvelle-Écosse et Terre-Neuve-et-Labrador. Grâce au dévouement d'une entreprise familiale et l’expertise de nos cadres, notre mission est de maximiser les revenus nets d’exploitation de nos propriétés et de favoriser la croissance financière de nos clients en leur proposant des opportunités d’investissements immobiliers de qualité. Suivez-nous !
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📍 Just Sold!We’re excited to share that EM Real Estate has completed the sale of the Foodland property in Springdale, NL...
05/05/2025

📍 Just Sold!

We’re excited to share that EM Real Estate has completed the sale of the Foodland property in Springdale, NL!

Originally acquired in February 2015, this property has been part of our portfolio for over a decade—a reflection of our long-term strategy and commitment to creating real, lasting value in the communities we invest in.

We’re pleased to welcome the new landlords and wish them continued success with this great property.

Here’s to more milestones as we celebrate 50 years in commercial real estate!

🐰Econo-Malls wishes you happy Easter!  🐰Econo-Malls vous souhaite de joyeuses Pâques !
04/09/2023

🐰Econo-Malls wishes you happy Easter!

🐰Econo-Malls vous souhaite de joyeuses Pâques !

Econo-Malls wishes you and your family a joyous and peaceful Passover, full of happiness and blessings! Econo-Malls vous...
04/05/2023

Econo-Malls wishes you and your family a joyous and peaceful Passover, full of happiness and blessings!


Econo-Malls vous souhaite, à vous et à votre famille, une paisible et joyeuse fête de pessah, remplie de bonheur et de bénédictions !

📣Meet Joanne Marcone our Investor Relations Associate.Joanne Marcone graduated with Honors and Distinction from Collège ...
04/03/2023

📣Meet Joanne Marcone our Investor Relations Associate.

Joanne Marcone graduated with Honors and Distinction from Collège LaSalle in 1977 with a DEC in Office Systems Technology. Her academic excellence led her to be awarded the Myrette Lapierre for being the top performing student in the program. She subsequently obtained a Professional Development Certificate at McGill University in 1986 to pursue her passion of teaching after acquiring significant office experience in the private sector. Joanne taught at O’Sullivan College of Montreal until 1999, at which point she joined Econo-Malls. Through her 24 years of service, Joanne has acquired extensive real estate knowledge in leasing, operations, and brokerage. In 2013, her professionalism and dedication led her into her current role of Investor Relations Associate.

We would like to extend a heartfelt thank you to Joanne, who is retiring after 24 years of dedicated service with Econo-Malls. Over the years, Joanne excelled and performed with profound compassion and enthusiasm towards the Investors as well as her colleagues. She has been an invaluable asset to our team and a trusted colleague. She has been a source of support, guidance, and knowledge to all of us, and Joanne has always gone above and beyond to ensure success. We are grateful for her hard work and commitment and wish her all the best in her retirement. From the bottom of our hearts - thank you, Joanne, for everything you have done, and you will be truly missed!

📣Meet Grant Whitham our Accounting Technician.Grant Whitham graduated with distinction from Dawson College’s Accounting ...
03/23/2023

📣Meet Grant Whitham our Accounting Technician.

Grant Whitham graduated with distinction from Dawson College’s Accounting Principles program in 2008. Most recently in 2022, Grant attained his Bachelor of Commerce Degree in Accounting and Finance from McGill University. With over 15 years of experience in the accounting field, he assists the accounts payable and the accounts receivable departments with invoicing, re-billings, and other various tasks. He joined the Econo-Malls team in January 2023.

💡We had an amazing time at our Lunch & Learn event with an inspiring speaker! Thank you Anthony Arquin - Partner focusin...
03/17/2023

💡We had an amazing time at our Lunch & Learn event with an inspiring speaker! Thank you Anthony Arquin - Partner focusing on Commercial Real Estate at Davies - for such an informational conversation about Key Business and Legal Aspects of a Real Estate Acquisition.


💡Nous avons passé un moment incroyable lors de notre événement « Lunch & Learn » avec un conférencier inspirant ! Merci à Anthony Arquin, Associé spécialisé en immobilier commercial chez Davies, pour cette conversation instructive sur les aspects commerciaux et juridiques clés d'une acquisition immobilière.

📣Meet Sabrina Amado our Marketing Communications Specialist.Sabrina Amado graduated from Concordia University’s John Mol...
03/15/2023

📣Meet Sabrina Amado our Marketing Communications Specialist.

Sabrina Amado graduated from Concordia University’s John Molson School of Business in 2020 with a Double Bachelor of Commerce degree, majoring in marketing and management. In addition to her formal business education, Sabrina is a mural artist and digital illustrator. Sabrina joined the Econo-Malls team in November 2022, where she merges her business and art passion to create marketing and communication materials for Econo-Malls Management Corporation. Driven by creativity, Sabrina always finds solutions and alternate plans for any business.

📣Meet Lelia Bruce our Payroll and Benefits Administrator.Lelia Bruce has worked in Payroll and Accounting for over 20 ye...
03/13/2023

📣Meet Lelia Bruce our Payroll and Benefits Administrator.

Lelia Bruce has worked in Payroll and Accounting for over 20 years. Her wealth of working experiences includes time spent at a major bank and in the family business overseeing the Payroll and Benefits duties. Lelia credits her success to hard work, dedication to both herself and her profession and the grace of a few good people guiding her along the way. She joined the Econo-Malls team in March 2022.



📣Meet Camila Palomino our Operations Coordinator – Atlantic Canada. Camila Palomino graduated from Concordia University ...
03/09/2023

📣Meet Camila Palomino our Operations Coordinator – Atlantic Canada.

Camila Palomino graduated from Concordia University in 2019 with a bachelor’s degree in Economics and a minor in Sustainability. Her experience in residential and commercial real estate led her to join the Atlantic operations team in June 2022. She is excited to be part of the Econo-Malls Team and looks forward to facilitating smooth daily operations of the Atlantic division.

🌸Today at Econo-Malls, we proudly recognize the powerful contributions of women to our society, economy, and culture. On...
03/08/2023

🌸Today at Econo-Malls, we proudly recognize the powerful contributions of women to our society, economy, and culture. On this International Women's Day, we pay tribute to each of them within our Company and around the world, and we strongly celebrate their strength and resilience!


🌸Aujourd'hui, chez Econo-Malls, nous reconnaissons fièrement l’immense contribution des femmes dans notre société, notre économie et notre culture. En cette Journée internationale de la femme, nous rendons hommage à chacune d’entre elles au sein de notre entreprise ainsi qu’à travers le monde et nous célébrons vivement leur force et leur résilience !


Address

1 Westmount Square, Suite 1900
Westmount, QC
H3Z2P9

Opening Hours

Monday 8:30am - 4:30pm
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm
Friday 8:30am - 4:30pm

Telephone

+18779382266

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Econo-Malls - A Traditon of Value Since 1976

Econo-Malls was founded by Murray Wiseman in 1976, with the construction the company’s first shopping mall in Bay Roberts, NL. Following the addition of his sons, Robert and Howard, to the company, we have become leaders in the commercial real estate industries across Canada and the United States.

We continuously demonstrate our ability to successfully lease to, and retain, the country’s largest and savviest retailers as well as regional and local independent retail operations in both large and small markets.

Specializing in interior shopping malls and exterior strip centres ranging in size from 50,000 to 350,000 square feet, are we are now responsible for the acquisition, management, development or redevelopment of more than 7.5 million square feet of property. One of our primary strengths is maximizing the net operating income of our properties by implementing a lean administrative operation run almost exclusively from our Montreal offices.

With the undivided attention of a family-run operation and the full strength or our expert executives, our mission is to foster our clients’ financial growth through prime real estate and investment opportunities.