Retail giant Primaris will pay a total of $317. 6 million to buy the two shopping centers, located respectively in Saint John and Fredericton. McAllister Place is the largest shopping centre in Southern New Brunswick with more than 110 stores and services. Regent Mall has over 115.
A call to Cadillac Fairview for comment wasn't immediately returned. No word yet on what, if anything, this will mean for the shopping experience at the two malls.
