A Dark Vector Cognition product

Item 2. PROPERTIES

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Item 2. PROPERTIES

Our principal executive and administrative offices are located at 1818 Cornwall Avenue, Vancouver, British Columbia, Canada, V6J 1C7.

The general location, use and approximate size of our principal owned properties as of January 29, 2023, are set forth below:

LocationUseApproximate Square Feet
Groveport, OH, United StatesDistribution Center310,000
Vancouver, BC, CanadaExecutive and Administrative Offices140,000

We lease non-retail properties in a number of locations globally. The general location, use, approximate size and lease renewal date of our principal non-retail leased properties as of January 29, 2023, are set forth below:

LocationUseApproximate Square FeetLease Renewal Date
Delta, BC, CanadaDistribution Center375,000December 2037
Milton, ON, CanadaDistribution Center255,000May 2031
Mississauga, ON, CanadaDistribution Center250,000September 2033
Delta, BC, CanadaDistribution Center155,000January 2031
Sumner, WA, United StatesDistribution Center150,000July 2025
Vancouver, BC, CanadaExecutive and Administrative Offices120,000October 2032
Derrimut, VIC, AustraliaDistribution Center50,000October 2024

During 2021, we entered into a new lease for a U.S. distribution center in Ontario, California of approximately 1,250,000 square feet which is due to expire in 2038. We expect this distribution center to be operational in early fiscal 2024.

During 2022, we entered into a new lease for an Australian distribution center in Ravenhall, Victoria of approximately 250,000 square feet which is due to expire in 2033. We expect this distribution center to be operational in 2023.

During 2022, we entered into a new lease for a Canadian distribution center in Brampton, Ontario of approximately 980,000 square feet which is due to expire in 2039. We expect this distribution center to be operational in fiscal 2024.

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