Groundbreak.

KingSett Buys 50% Stake in CF Markville

KingSett Capital has acquired a 50% non-managing interest in CF Markville, the 853,058 sq ft Markham mall, from Cadillac Fairview, which retains management.

Master plan rendering of the CF Markville redevelopment in Markham, with residential towers surrounding the existing mall
Master plan rendering of the CF Markville redevelopment in Markham, with residential towers surrounding the existing mallRendering courtesy of Urban Strategies

KingSett Capital has acquired a 50% non-managing co-ownership interest in CF Markville, the regional mall at 5000 Highway 7 East in Markham. The deal closed October 30, 2026. Terms were not disclosed.

Cadillac Fairview retains a 50% managing interest and will continue to operate the property. The stake was purchased through KingSett's Real Estate Growth LP No. 9 fund.

Interior atrium of CF Markville shopping centre
Interior atrium of CF Markville shopping centreImage courtesy of Petroff Partnership Architects

CF Markville houses 181 stores across 853,058 sq ft of GLA. Sales productivity is $1,069 per sq ft, with food court productivity of $2,721 per sq ft. Tenants include Arc'teryx, Aritzia, Apple, Uniqlo and Lululemon.

The deal expands the KingSett-Cadillac Fairview co-ownership partnership, which includes CF Masonville Place in London, Ont.

Address
5000 Highway 7 East, Markham, ON L3R 4M9
Floors
2
Sq ft
853,058

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