Amazon Narrows HQ2 Search to 20 Markets
Credit: Amazon.com Amazon (Nasdaq: AMZN) issued a short list of 20 metropolitan areas making the next cut in the competition to host the company’s second North America headquarters. This top 20 were...
View ArticleFormer National Post HQ Back on Market
The former head office of Postmedia Network Canada Corp. and The National Post has hit the market again, as part of a court-appointed receivership sale. CBRE Ltd. has the listing, and while no price...
View ArticleJLL Acquires Valuation & Advisory Division of Raymond Chabot Grant Thornton
JLL has purchased the real estate valuation and advisory division of Quebec's largest accounting firm in a move to expand its national platform in Canada. Chicago-based JLL did not disclose a price but...
View ArticleTrue North Finalizes $22.8 Million Purchase of Award-Winning Office Property...
True North Commercial Real Estate Investment Trust (TSX: TNT.UN) completed its previously announced purchase of a BOMA Award-winning office property in Burlington, Ontario from Sun Life Financial for...
View ArticleStockworth Buys 100 Acres in Port Perry for New Mixed-Use Project
Stockworth Development has purchased 100.37 acres in Port Perry, Ontario for the future site of King's Landing, a mixed-use development years in the making. The Concord, Ontario-based developer paid...
View ArticleAdelaide Development Buys Vacant Yonge St. Property
Adelaide Development Corp. purchased the retail building at 2704 Yonge St. in Toronto, Ontario, from Service Corporation International for $6.7 million, or about $628 per square foot. The...
View ArticleWiredScore Signs Up KingSett
WiredScore says Toronto-based private equity real estate firm KingSett Capital has agreed to let its Canadian portfolio be part of the New York-based company's connectivity rating system. Launched in...
View ArticleManulife Real Estate Moves Into Australia
Pictured: Ted Willcocks, global head of asset management, Manulife Real Estate.Manulife Real Estate is making its first move into the Australian market with the purchase of a 14-storey, Class A,...
View ArticleCanada's GWL Realty Advisors Buys Denver's EverWest
Yet another connection between Canada and Denver was established Friday with the acquisition of Denver-based EverWest Real Estate Partners by GWL Realty Advisors, the real estate arm of Toronto-based...
View ArticleThe Well Partners Ink Key Energy Deal
RioCan, Canada’s largest real estate investment trust, and Allied Properties are teaming up with Brookfield Asset Management wholly-owned subsidiary Enwave Energy Corp. on a new energy storage facility...
View ArticleItalian Consulate in Toronto to Redevelop
The Italian consulate in Toronto is considering a major redevelopment of its downtown site, which is now being marketed in the real estate community as a "landmark opportunity" to showcase the Italian...
View ArticleSmartCentres Looks to Senior Living
One of Canada's largest retail real estate investment trusts has signed a joint-venture deal with a major senior living sector provider, a move industry watchers say is a sign of the times for aging...
View ArticleRioCan Tells Analysts $500M in Assets Sold
RioCan Real Estate Investment Trust told Bay St. analysts during a call to discuss fourth-quarter results that the firm has sold or has firm purchase agreements for more than $500 million of property...
View ArticleChoice Properties Buying CREIT in $6 Billion Deal to Create Canada's Largest...
Choice Properties Real Estate Investment Trust has agreed to buy Canadian Real Estate Investment Trust in a $6 billion transaction they say will create the largest REIT in Canada with a combined...
View ArticleGoldhar Moves to Excutive Chairman of REIT
Rendering of Revera's Westney Gardens Retirement Residence in Ajax, due to open this spring.Courtesy of Revera. SmartCentres Real Estate Investment Trust's largest unitholder, Mitchell Goldhar, is...
View ArticleGoldhar Moves to Executive Chairman of REIT
Rendering of Revera's Westney Gardens Retirement Residence in Ajax, due to open this spring.Courtesy of Revera. SmartCentres Real Estate Investment Trust's largest unitholder, Mitchell Goldhar, is...
View ArticlePacific Mall Under Scrutiny for Fake Goods
Is the so-called "notorious" Pacific Mall in Markham, Ontario, the country's most expensive retail property? The mall, in the news again because of a U.S. report that labelled it a haven for fake goods...
View ArticleSlate Ready to Flip Cominar Assets
Pictured: 55 University Ave. in downtown Toronto.The ink hasn't dried on one of 2017's largest real estate deals, but sources indicate Slate Acquisitions Inc. is in the process of flipping some of the...
View ArticleAllied Properties REIT Pays $7 Million for Downtown Toronto Land Parcel
Allied Properties REIT, a Toronto-based closed-ended real estate investment trust, acquired a 0.1-acre lot at 464 King St. West in the downtown core of Toronto for $7 million. Allied purchased the...
View ArticleSchembri Property Mgmt. Buys Vacant Industrial Complex in Cambridge
Schembri Property Management of Waterloo, Ontario has acquired a vacant industrial building near Riverside Park in Cambridge, Ontario for $10.25 million, or about $78 per square foot. The complex...
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