Mixed-Use Property Along Parliament Sells for $5.9M
The Filipino Centre in Toronto, a community centre and educational facility, sold their building at 595- 601 Parliament Street in Toronto to a private investor for $5.9 million, or about $225 per...
View ArticleTricon Capital Buying SFR Firm Silver Bay Realty for $1.4 Billion
Tricon Capital Group Inc. (TSX:TCN), a Toronto-based investor and asset manager focused on residential real estate, agreed to acquire single-family rental (SFR) firm Silver Bay Realty Trust Corp....
View ArticleYLC Asset Mgmt. Sells Toronto Apt. Bldg.
YLC Asset Management sold the 22-unit multifamily building at 1 Vermont Ave. in Toronto to an individual investor for $5.05 million, or about $230,000 per unit. The three-storey apartment building is...
View ArticleAdvanced Tile & Floor Covering Pays $7M for New Industrial Facility
Advanced Floor and Tile, a Vaughan-based flooring company, acquired 35-47 Romina Dr. in Vaughan, Ontario from Elite Construction Inc. for $7 million, or about $176 per square foot. The building was...
View ArticleFrendel Kitchens Purchases Third Location
Frendel Kitchens Ltd. purchased a 33,560-square-foot industrial building at 1625 Enterprise in Mississauga, ON for $5.1 million, or approximately $152 per square foot. This will be the company’s third...
View ArticleCoStar's People of Note (Mar. 3) - DDR Replaces Executive Suite with Team...
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: Cleveland / N....
View ArticleCST Trust Leases 23,342 SF at 1 Toronto St.
CST Trust Co., a financial consulting company that provides services to both issuers and investors, signed a lease for 23,342 square feet in the office building at 1 Toronto St. in Toronto, Ontario....
View ArticleCBRE Loses Industrial Sales Stalwart Li to Avison Young
Bryan Li has left CBRE to join Avison Young as a vice president and sales representative. In his new role, he will be involved in the sale and leasing of industrial properties and land in the northeast...
View ArticleDevine Resigns as CFO of Canada’s Largest REIT
RioCan Real Estate Investment Trust (TSX:REI.UN) Executive Vice President and CFO Cynthia Devine has resigned to accept the CFO position at Maple Leafs Sports & Entertainment, a professional sports...
View ArticleWare Malcomb Promotes Myers to Regional Vice President, Three More to Principals
Ware Malcomb, an award-winning international design firm, has promoted Tom Myers to regional vice president of the firm's Irvine, CA headquarters office. In addition, Ware Malcomb has promoted Kevin...
View ArticleConstruction Underway on $479 Million Office Tower in Toronto's South Core
Betting on the future demand for premier office space, commercial real estate owner, operator and developer Cadillac Fairview and its partner, the Ontario Pension Board (OPB), have kicked off...
View ArticleNobu Residences, Hotel and Restaurant Coming to Toronto's Entertainment District
Nobu Hospitality, the luxury restaurant and hotel brand founded by celebrity chef and restaurateur Nobu Matsuhisa, Academy Award winner Robert De Niro and Hollywood producer Meir Teper, has selected...
View ArticleExel Expands Into 235,980 SF in Caledon, Ontario
Exel Inc., a third-party logistics provider and subsidiary of DHL, finalized a long-term lease expansion for 235,980 square feet of industrial space at 6 Manchester Court in Caledon, Ontario for an...
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CoStar's People of Note (Mar. 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: New York City,...
View ArticleKillam Apartment REIT, KingSett Capital Close on Final Piece of $250 Million...
Killam Apartment REIT (KMP.UN) and KingSett Capital purchased the final piece of a $247 million multifamily portfolio in Ottawa. The venture finalized a deal earlier this month with Lepine Corp. to...
View ArticleUpper Canada Mall Planned Redevelopment by Oxford Properties
Oxford Properties Group proposed a new redevelopment project to redevelop and expand on the former Target space at Upper Canada Mall in Newmarket, Ontario. The project will boast a new...
View ArticleSlate Office REIT Agrees to Acquire GTA, New Brunswick Office Portfolio for...
Slate Office REIT (TSX: SOT.UN) has entered into an agreement to acquire a five-property office portfolio for $165 million. The portfolio consists of the West Metro Corporate Centre in Etobicoke,...
View ArticleTriovest Taps Cushman & Wakefield to Handle 440,000-SF Industrial Listing in...
Triovest Realty Advisors has contracted Cushman & Wakefield to handle leasing for 95 Market Dr. in Milton, ON. Built in 2014, the 443,623-square-foot, LEED Silver-certified building features 68...
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CoStar's People of Note (Mar. 17) - Colliers Florida Announces New Statewide...
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: Tampa / St....
View ArticleTribunal Developments Sells Oakville Plaza
Tribunal Developments sold 2163-2169 6th Line in Oakville, ON to a locally-based investor for $5.8 million, or about $295 per square-foot. The retail and office plaza delivered in 1989 in Oakville’s...
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