MAC teams up with Think Retail for flagship deal

March 14, 2016

At Think Retail we always welcome the opportunity to work in tandem with a retailer’s in-house realty expert to help secure an ideal property.
Such was the case when Michael Riney, Director of Real Estate for MAC Cosmetics, hired us to find the perfect spot to open a flagship store to replace the company’s concession in La Maison Ogilvy. 
The goal was to find a marquee Montreal location for this iconic Canadian-born brand. 
Founded in Toronto in 1984, MAC is now headquartered in New York City as part of the Estee Lauder Companies. It all started when makeup artist and photographer Frank Toskan and salon owner Frank Angelo became frustrated by the lack of makeup that photographed well, so they decided to create their own. At first, they made the cosmetics in their kitchen and sold them straight from the salon to fellow makeup artists, as well as models and photographers. Word soon spread and the brand gained recognition around the globe: Today MAC is sold in more than 105 countries and operates more than 500 independent stores. MAC is one of the world’s top three makeup brands, delivering annual sales in excess of US$ 1 billion. 
As a global beauty phenomenon, not just any location would do. The company was looking for something special. 
By tapping in to our extensive contacts and relationships, we were able to identify an ideal off-market location in the heart of Montreal’s shopping district. (The space was home to footwear retailer Spring) 
Located at Saint Catherine Street West and McGill College Avenue, this high-profile corner location is ideal for MAC in every way. 
The Confederation Building at 1253 McGill College Avenue is an 11-storey building owned by Polaris Realty. The first two floors feature retail, while the others house offices, including Google. The space is home to several complimentary and high-profile tenants, including Keihl’s and Les 3 Brasseurs. 
The neoclassical building has a European feel, with a classic exterior and modern renovated interior.
It’s a marquee building in a marquee location, perfect for a marquee brand like MAC Cosmetics—mission accomplished. 
For more on how we can use our extensive industry and market knowledge to help your company find the right location, contact the Think Retail Team.