Klass Development & Consulting Sells Mississauga Industrial Complex to Tenant
Klass Development & Consulting has sold its industrial building at 5130 Creekbank Rd. in Mississauga, Ontario to current tenant, Zebra Paper Converters Inc. The Toronto-based paper company fully...
View ArticleCushman & Wakefield Acquires Ashlar Urban to Expand in Canada
Cushman & Wakefield will increase its presence in downtown Toronto after finalizing a deal to acquire Ashlar Urban Realty, a dominant mid-market CRE firm in Toronto. Under the agreement, all 31 of...
View ArticleHard Rock Café Closes Its Doors On Dundas Square
The Hard Rock Café will be closing its doors in May when its lease runs out. Shoppers Drug Mart, currently located at 10 Dundas St East, will relocate to 279 Dundas St East in downtown Toronto. The...
View ArticleCoStar's People of Note (Mar. 24) - CBRE, HFF Add Senior Managing Directors
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: Washington DC,...
View ArticleTop Commercial Real Estate Firms and Brokers in Toronto Win CoStar Power...
Several top firms and real estate brokers in Toronto are among the winners of the annual CoStar Power Broker Awards. Now in its 16th year, the awards recognize those who perform at the highest levels...
View ArticleCCL Industries Sells Concord Facility
Manufacturing company, CCL Industries, sold the property at 8001 Keele St. in Concord, ON to building material supplier company, G&L Group of Cos. The price of the transaction was $7 million, or...
View ArticleStarlight Buys Into 50/50 Ownership Venture of 1.1 Million-SF Mississauga...
Starlight Investments has acquired a 50% stake in Aimco's 1.15 million-square-foot Mississauga Executive Centre (MEC) in Mississauga, Ontario. Located at 1-4 Robert Speck Pky., the MEC consists of four...
View ArticleCushman & Wakefield Bolsters Valuation & Advisory Hospitality Platform in Canada
Brian Flood, AACI has joined Cushman & Wakefield's valuation and advisory division as practice leader of the hospitality and gaming group for Canada. The 30-year industry veteran comes to Cushman...
View ArticleFengate Promotes Catalano to Managing Director, Head of Private Equity
Fengate Real Estate Investments has promoted former director of infrastructure Justin Catalano to managing director and head of private equity. Effective immediately, Catalano will oversee Fengate's...
View ArticleRETAIL NEWS SERIES: Flurry of Dept. Store Closures Forcing Mall Owners to...
Part 1: Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector Part: 2: Investors Still Willing to Bet Big on Mall Turnarounds, Even Those Hit by Triple Anchor...
View ArticleCoStar's People of Note (Mar. 31)
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, Los...
View ArticleRioCan Real Estate Investment Trust Names Acting CFO
RioCan Real Estate Investment Trust (TSX: REI.UN) has named Qi Tang acting CFO of the firm effective April 3, 2017. Tang joined RioCan in September 2016 as its senior vice president of finance....
View ArticleVancouver Firm Lands Historic Dominion Public Bldg. in Downtown Toronto for...
West Vancouver, BC-based Larco Investments closed on the largest single office investment in Toronto since 2013 with the acquisition of the Dominion Public Building for $275.1 million, or approximately...
View ArticleWPT Industrial REIT CFO to Retire This June
Dennis Heieie, CFO of WPT Industrial Real Estate Investment Trust (TSX: WIR.U), will retire at the end of June. Heieie has served as WPT's CFO since the company went public in 2013. He will remain with...
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CoStar's People of Note (Apr. 7)
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: Austin, San Diego,...
View ArticleMaple Leaf Sports Takes Additional Floor at 50 Bay St.
Maple Leaf Sports & Entertainment Ltd. (MLSE), the largest sports and entertainment company in Canada, is taking another floor at 50 Bay St. in Toronto, ON after reaching a deal with building owner...
View ArticlePolar Pak Fully Leases 248,769-SF Brampton Facility
Polar Pak has signed a lease to fully occupy the 248,769-square-foot industrial facility located at 104 Walker Dr. in Brampton, Ontario. The Canadian-based packaging and containers company and division...
View ArticleMohr Partners Founder Sells Tenant Advisory Firm to Senior Managers
Dallas-based Mohr Partners, Inc. has been acquired by its current president, Robert Shibuya, and four other managers and brokers from founder, chairman and CEO Robert "Bob" Mohr, the company announced...
View ArticleConcert Pays $158 Million for Largest LEED Gold Warehouse in Canada
Vancouver-based Concert Properties, through its newly created CREC Commercial Fund, paid $158.25 million, or approximately $177 per square foot, to acquire the largest LEED Gold certified industrial...
View ArticleIvanhoé Cambridge, Hines Plan Spring Groundbreaking of 2.9 Million-SF Bay...
Ivanhoé Cambridge and Hines will begin construction this spring on its landmark 2.9 million-square-foot Bay Park Centre in downtown Toronto's south core after reaching a lease agreement with the...
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