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CoStar's People of Note (July 14) - Skanska Selects Ward, C-III Taps Davis,...
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, New...
View ArticleERCO Worldwide Signs 15-Year Lease at 1.3 Million-SF Spectrum Square Project
ERCO Worldwide, an in-organic product producer and supplier and a division of Superior Plus Corp. (TSX: SPB) subsidiary Superior Plus LP, has signed a 15-year lease to occupy 35,821 square feet within...
View ArticleOffice Lease Up (July 17) JBG Shifting HQ to New Trophy Development in...
The JBG Cos. will shift its corporate headquarters to a new trophy building the firm is set to develop at the corner of Woodmont and Bethesda Avenues in downtown Bethesda, MD. The largest development...
View ArticleStarlight Investments Acquires Two Commercial Properties In Mississauga, ON
Starlight Investments has formed a joint venture partnership with prominent European family offices and acquired its first two commercial properties with the purchase of 2085 Hurontario St. and 320...
View ArticlePIRET Leases 331,000-SF to IKEA for New Distribution Centre in British Columbia
IKEA Distribution Services CA Inc. has leased 330,540 square feet in from Pure Industrial REIT, one of Canada’s largest publicly traded REITs, for a new distribution facility in Richmond, BC at 7031...
View ArticleCrombie REIT Buys Mixed-Use Development Site in Toronto's Scarborough Area
New Glasgow, Nova Scotia-based Crombie Real Estate Investment Trust (TSX: CRR.UN) has finalized a deal to acquire a mixed-use development site and adjacent land at 1215-1255 McCowan Rd. in Toronto's...
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CoStar's People of Note (July 21) - Cushman Chooses Gorelick, Brixmor Brings...
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 ArticleTimbercreek Financial Promotes Goodnough to CEO
Cameron Goodnough has been appointed CEO for Timbercreek Financial, a non-bank commercial real estate lender based in Toronto. Goodnough will succeed Andrew Jones upon his retirement from the firm at...
View ArticleBCG Selects CIBC Square in Downtown Toronto for Future Canadian HQ
The Boston Consulting Group (BCG) has finalized a deal to relocate its Canadian headquarters Ivanhoé Cambridge and Hines' CIBC Square development in downtown Toronto. BCG, a global management...
View ArticleCrown Realty Partners Sells Flex Building in Burlington
Crown Realty Partners, a full-service commercial real estate firm headquartered in Toronto, has sold a flex building in Burlington, Ontario to CareGo Technology Inc. for $5.2 million, or approximately...
View ArticleQuadcam Buys Development Site in Scarborough for Future Residential Project
Quadcam Development has acquired a development site in Scarborough, ON where the company plans to develop a new 234-unit residential tower. The Toronto-based condominium development firm paid nearly...
View ArticleCoStar's People of Note (July 28)
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: Atlanta,...
View ArticleOffice Lease Up (July 31) New York Presbyterian Hospital Signs 500,000-SF...
New York City's largest hospital New York-Presbyterian Hospital has signed an office deal to occupy almost 500,000 square feet in the Park Avenue Atrium office building at 237 Park Ave. (466 Lexington...
View ArticlePurolator Building in Mississauga Earns LEED Gold Certification
Crown Property Management earned the Canada Green Building Council’s LEED certification for its office building at 5995 Avebury Rd. in Mississauga, ON. The nine-story, 145,147-square-foot building was...
View ArticleSteam Whistle Brewing Acquires Manufacturing Facility in Toronto
Steam Whistle Brewing Inc. purchased the 58,199-square-foot industrial building at 249 Evans Ave. in Toronto, ON for $9.52 million, or about $164 per square foot. Steam Whistle Brewing has been a...
View ArticleBentall Kennedy Raises $145 Million for High Yield Canadian Property Fund
Bentall Kennedy (Canada) LP held a first close of its Bentall Kennedy High Yield Canadian Property Fund I LP totaling $145 million in commitments. The fund raised $115 million from three unidentified...
View ArticleCoStar's People of Note (Aug. 4) - TIG Taps Hazen, MassDev Promotes Liss...
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, Boston,...
View ArticleDynevor Express Acquires Industrial Property In Toronto
Dynevor Express, a transportation service company, purchased the industrial building located at 30 Bethridge Road in Toronto, ON for $5.7 million, or about $130 per square foot. The property delivered...
View ArticleOneREIT Enters Agreements to Divest Company Holdings in $1.1 Billion Sell-Off
One Real Estate Investment Trust (TSX: ONR.UN) ("OneREIT") is set to go private after the Vaughan-based retail REIT entered into separate agreements to sell all 56 of its commercial retail properties...
View ArticleChoice Properties REIT Pays $5.5 Million for Toronto Apt. Bldg.
Choice Properties REIT, a Toronto-based public REIT, acquired the three-story, eight-unit multifamily building located at 2252 Dundas St. West in Toronto from High Horizons for $5.5 million, or about...
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