CanFirst Capital Management Acquires Rice Corporate Centre And Squire Mews
CanFirst Capital Management, a Toronto-based equity fund, purchased the Rice Corporate Centre and Squire Mews in Brampton, Ontario from Rice Group for $19.045 million, or about $100 per square foot....
View ArticleBrookfield Global Integrated Solutions Appoints Hicks to CEO
Brookfield Global Integrated Solutions (BGIS), a global real estate management services company, has promoted Gordon Hicks to the newly created global CEO position. Hicks currently serves as CEO,...
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CoStar's People of Note (May 19) - Hollinger Promoted at GoldOller, Menick...
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: Houston,...
View ArticleCadillac Fairview Sells Promenade Shopping Centre For $249M
Promenade General Partner Inc., a family owned firm, acquired the 900,000-square-foot Promenade Shopping Centre located on 50 acres of land for $249 million, or 353.51 per square-foot. The property...
View ArticleSolera Buys 42,500-SF Industrial Building in Mississauga for HQ
Solera Corp., a leading competitor in manufacturing custom lighting solutions, acquired 1610 Sismet Rd. in Mississauga, Ontario where the company will establish its corporate headquarters. Currently...
View ArticleCoStar's People of Note (Week of May 26) Tanger Promotes Two from Senior...
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: North Carolina,...
View ArticleBentall Kennedy Reaches 10-Year Deal With Printing Company
McRae Imaging, a commercial printing company, signed a 10-year deal for 59,180 square feet of industrial space at 3730 Laird Rd. in Mississauga. The single-tenant industrial building sits on 4.6 acres...
View ArticleRioCan REIT to Bring On Concert Real Estate as Equal Ownership Partner of...
RioCan Real Estate Investment Trust (TSX:REI.UN) has entered into a definitive agreement to sell a 50% stake in the Sunnybrook Plaza redevelopment in Toronto to Concert Real Estate Corp. for $26.3...
View ArticleManulife CEO to Retire This September
Donald Guloien has disclosed plans to retire as president and CEO of leading international financial services group Manulife, effective September 30th. Guloien began his eight-year tenure as CEO of...
View ArticleUPDATE: CoStar's People of Note (June 2) - GBT Hires Porter, C&W Commerce...
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: South Florida,...
View ArticleSkyline Apartment REIT Expands Holdings in Brantford
Skyline Apartment REIT, a real estate management firm headquartered in Guelph, acquired 335 Dunsdon St. in Brantford, ON for $33.4 million, or slightly more than $221,000 per unit. Known as Harris...
View ArticleCSDC Systems Leases 10,220 SF in Mississauga
Software and data processing company CSDC Systems signed a 10-year deal for 10,220 square feet of office space at 255 Longside Dr. in Mississauga, Ontario. The single-story, 70,227-square-foot building...
View ArticleTriple Metal Products Buys Toronto Warehouse for $6.2 Million
Triple Metal Products, a metal fabricator, will set up a new manufacturing plant after acquiring Lumacell Thomas & Betts' former industrial facility at 120 Nashdene Rd. in Toronto, ON for $6.2...
View ArticleBGC's Lutnick Targets Fourth Quarter for Spin-Off of Newly Rebranded Newmark...
Howard Lutnick, chairman and chief executive of Newmark Knight Frank parent company BGC Partners, Inc., (Nasdaq: BGCP), this week said he expects the planned spin-off of Newmark as a separate publicly...
View ArticleBGIS Appoints New Chief Corporate Development Officer
Mark Marquis has officially signed on to be the first chief corporate development officer for Brookfield Global Integrated Solutions, a real estate management services provider headquartered in...
View ArticleCoStar's People of Note (June 9) - Colliers Recruits Vargas, NKF Adds...
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, New...
View ArticleCBRE Buying Majority Stake in Caledon Capital to Expand Infrastructure Business
CBRE Group, Inc. has entered into a definitive agreement to purchase a majority interest in Toronto-based Caledon Capital Management Inc., an investment management business specializing in private...
View ArticlePlazaCorp Investments Purchases Canada Post Bldg. in Toronto
PlazaCorp Investments Ltd. acquired the post office building at 6035 Bathurst St. in Toronto, ON from Title Dress Ltd. for $6.175 million, or about $915 per square foot. The property is scheduled to be...
View ArticleHelian Holdings Pays $8 Million for Two Church Street Buildings
Helian Holdings, owned and run by managing director Ian Connolly, acquired two Church St. sites in Toronto from Shiu Pong Group Ltd. for $8 million, or about $980 per square foot. The historic retail...
View ArticleCrown Realty Partners Completes Acquisition to Close Third Value-Add Fund
Crown Realty Partners closed on the off-market acquisition of a 50.375% equity interest in 45-47 Sheppard Avenue East in Toronto. The property, located on 2.95 acres in the North Yonge corridor,...
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