Blair Welch, co-founder of Slate Asset Management, was recently on Institutional Real Estate’s podcast talking about grocery-anchored real estate. In it, he talks about the role that this asset class plays in last-mile food logistics, why ecommerce might actually be strengthening its importance, and why it needs to be considered as being distinct from other kinds of retailing. This is a topic that we have covered a few times before on the blog and I think many of you might find it interesting. To have a listen, click here.
Tag: supermarket
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Frais du toit
This past summer, an IGA store in Montreal’s Saint-Laurent borough erected “the largest organic green roof garden in the country.” It is about 25,000 square feet and it has a soil depth of only 150mm.
They also claim that it’s the first supermarket in Canada to sell produce grown on the roof of the actual store. The brand: Frais du toit, or fresh from the roof. There’s even a livestream in the vegetable aisle showing you how the goods are doing overhead.
I would be curious to know what their yields are like and what they are charging for the produce. But it’s certainly a praiseworthy initiative.
Below is a quick video that will give you an idea of what the roof looks like. If you can’t see it, click here.
[youtube https://www.youtube.com/watch?v=-Z69ScyHCfU&w=560&h=315]