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background-Grand Canal Shoppes Holdings LLC

Grand Canal Shoppes Holdings LLC

Grand Canal Shoppes

The Grand Canal Shoppes is a unique retail experience. We invested in this property because of the dominant sales performance driven by a thriving tourism market.

Scott Kempton, Managing Director, Portfolio Management, Retail, Real Estate, Americas

Grand Canal Shoppes is an 875,000 sq ft Venetian-inspired shopping destination with cobblestone walkways and illuminated painted sky ceilings centred on a quarter-mile-long Grand Canal and Gondola ride within The Venetian and The Palazzo Resort Hotel Casino on the Las Vegas "Strip." Anchored by an 85,000 sq ft Barneys New York and TAO Asian Bistro & Nightclub, The Shoppes features over 160 signature stores, including many of the world's premier luxury brands and over two dozen world-class, celebrity chef–driven dining venues.

Further information

Key tenants
Barneys, Louis Vuitton and TAO
JV investment with Brookfield Retail Properties and TC-SRM Fund. TC-SRM owns 49.9% with co-investment partner APG

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Sharon Bair
Sharon Bair
Senior Director, Head of Asset Management, Retail, Real Estate, Americas
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122 years of unparalleled market insight — and counting.
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