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CoStar's People of Note (Feb. 3) - Lee & Associates, Stiles and MBRE Name New...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Orange County, Los...
View ArticleInternational PE Firm Buys 25-Property Hotel Portfolio in Canada for US$853...
An unidentified international private equity firm and its Hong Kong/Canadian subsidiary, Leadon Investment Inc., acquired SilverBirch Hotels & Resorts, a portfolio of 25 upscale hotel properties...
View ArticleOffice Lease Up (February 6) Royal Bank of Canada Renews 400,000-SF Office...
Royal Bank of Canada (RBC) Capital Markets, the corporate and investment banking services arm of the multinational bank, has signed a lease renewal totaling approximately 400,000 square feet in the...
View ArticleDream Office REIT Disposes Multiple Properties in Kitchener Worth $ 140 Million
Dream Office REIT (TSX:D.UN) has sold its downtown Kitchener assets to Europro Real Estate for a total amount of nearly $121 million. The deal represents more than one million square feet of...
View ArticleCoStar's People of Note (Feb. 10)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Los Angeles,...
View ArticleKing & Benton Development Buys 364 Acres in Welland
King & Benton Development Corp. purchased 364 acres of mixed residential/industrial land earlier this month for $5 million. The purchase included 185 acres for the industrial portion and 179 acres...
View ArticleSid Lee Opens New 16,000-SF Office at at 952 Queen St. West in Toronto
Montreal-based creative services firm Sid Lee has signed a 10-year lease to rent office space on the second floor of 952 Queen St. West in Toronto. The company relocated earlier this month from 36 Mill...
View ArticleSnapchat Picks Toronto's Downtown West for First Office in Canada
The company behind popular video and image messaging mobile application Snapchat is officially making its expansion into Canada. Headquartered in the Venice area of Los Angeles, American technology and...
View ArticleOffice Lease Up (February 13) Tommy Hilfiger Signs 200,000-SF HQ Lease at 285...
PVH Corp. has signed a new 200,000-square-foot office lease to relocate its multinational luxury apparel label Tommy Hilfiger to 285 Madison Ave. in New York City. The fashion label will relocate its...
View ArticleKingridge, Fortress Sell 6-Acre Commercial Tract in Oakville
Two years after acquiring the site, Fortress Real Developments (Fortress) and Kingridge Developments (Kingridge) have completed the sale of a six-acre commercial tract located at 1099-1105 Bronte Road...
View ArticleSnapchat "Pics" Toronto's Downtown West for First Office in Canada
The company behind popular video and image messaging mobile application Snapchat is officially making its expansion into Canada. Headquartered in the Venice area of Los Angeles, American technology and...
View ArticleIndigo Signs Leases 22,470 SF in Burlington
Indigo Books & Music (TSE: IDG), the largest book, gift and specialty toy retailer in Canada, signed a lease to open a new 22,470-square-foot store at the Burlington Mall located at 777 Guelph Ln....
View ArticleLennard Commercial Hires McIntosh as SVP of Investment Sales
Jim McIntosh has been hired by Lennard Commercial Realty as the firm's senior vice president of investment sales. The 30-year industry veteran joins Lennard from Colliers International where he worked...
View ArticleCoStar's People of Note (Feb. 17) - Savills Studley, Marcus & Millichap...
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Orange County, New...
View ArticleCity of Toronto Leases 44,000 SF at Yorkgate Mall
The City of Toronto has leased 44,000 square feet at the Yorkgate Mall. The lease term has an initial term of 10 years with additional renewal options. The opening is scheduled for late 2017 and will...
View ArticleZarpac Closes on $8.2 Million Sale Leaseback Agreement in Oakville
Zarpac, a packaging solutions provider, has sold its 46,271-square-foot facility at 1185 N. Service Rd. East in Oakville, Ontario in a sale leaseback for $8.2 million, or approximately $177 per square...
View ArticleSmartREIT Enters Into Joint Partnership With SmartStop
Smart Real Estate Investment Trust (“SmartREIT”) (TSX: SRU.UN) has entered into a Letter of Intent (LOI) to form a 50/50 joint venture partnership with SmartStop Asset Management LLC, a leading North...
View ArticleTown of Richmond Purchases Land for Development of a Community Park
The Town of Richmond has purchased a vacant 1.98-acre plot of land at 71 Regent St. in Richmond Hill, Ontario from Philmor Group for $8.8 million, or $4,447,140 per acre. Prior to the sale, a general...
View ArticleJLL Awarded Leasing Assignment For 8020 Fifth Line in Halton Hills
IG Investment Management has selected JLL to oversee leasing for the Class A industrial building located at 8020 Fifth Line North in Halton Hills, Ontario. The 286,881-square-foot, single-story...
View ArticleCoStar's People of Note (Feb. 24)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City,...
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