Home Depot Leases 216,000-SF Warehouse Under Construction in Caledon
American home improvement retailer Home Depot has reached a deal to fully occupy a brand new warehouse currently under construction off Ontario Hwy. 50 in Caledon. The 216,095-square-foot complex broke...
View ArticleOxford Pushing Ahead With New Tower
Oxford Properties said it has hired UK-based architects Rogers Strik Harbour + Partners to design its new 1.4 million-square-foot office project in Toronto's south core. The city of Toronto on Friday...
View ArticleCPPIB Teaming Up with JBG Smith on Downtown D.C. Office Project
The Canada Pension Plan Investment Board (CPPIB) is joining Chevy Chase, MD-based JBG Smith (NYSE: JBGS) in a joint venture to develop and own a 271,067-square-foot, 11-story office building currently...
View ArticleBrookfield Buying Top Floors of Chicago Macy's, Plans to Redevelop as Office
Macy's State Street store in Chicago Continuing to look for ways to raise cash from its real estate, Macy's Inc. (NYSE:M) announced this morning that it has agreed to sell the upper floors of its...
View ArticleBMO and Cadillac-Fairview Redeveloping Sears Space
Bank of Montreal and Cadillac-Fairview Corp. are set to announce Thursday that the financial institution is taking over 350,000 square feet of space at Sears' former head office, CoStar News has...
View ArticleCBRE Predicts Record Investment in 2018
The end of cap rate compression may be coming, but the executive managing director of CBRE Ltd. in Canada says there are mitigating factors that may slow the trend. "Firstly, there is a limit to how...
View ArticleWhat "Players" to Ice This Late in Cycle
Pictured from left to right: Moderator Justin Bosa, managing director, head of real estate investment banking at ScotiaBank; Sandy McIntyre, executive vice-chairman at Sentry Investments; Moray Tawse,...
View ArticleBMO Moving Some Staff to Eaton Centre
Bank of Montreal is opening what it calls an "urban campus" at the Toronto Eaton Centre, leasing 350,000 square feet of space that will feature a four-storey atrium. As first reported by CoStar News,...
View ArticleInvesque to Pay US$142 Million for Mohawk
TSX-listed Invesque Inc. is paying US$142 million for 545,000 square feet of medical office buildings located in seven markets throughout Canada and the United States. The Carmel, IN-based company said...
View ArticleOxford Ready to Build On Spec
His company has 1.4 million square feet of office space to fill, but the chief executive of Oxford Properties, which just announced plans to proceed with a 60-storey tower in downtown Toronto, doesn't...
View ArticleDundas-Edward Centre Swapped for $167 Million
Billed as a one million-square-foot development opportunity, the new owners of the Dundas-Edward Centre say they are looking for enhanced income from the 416,603 square feet of office space at the...
View Article508 Mohawk Trades Hands in Hamilton
Oz Property Management, a Toronto-based investment and property management firm, has acquired a 46-unit apartment building in Hamilton, Ontario from an independent seller for $8.65 million, or about...
View ArticlePACE Securities Corp. Leases 13,000 SF in Sussex Centre East
PACE Securities Corp., a subsidiary company of PACE Savings and Credit Union Unlimited, signed a 10-year for 12,902 square feet at Sussex Centre East, a 348,113-square-foot, 15-story office building...
View ArticleIvanhoé Cambridge Appoints 25-Year Veteran President
Pictured: Nathalie Palladitcheff, the new president of Ivanhoé Cambridge.Ivanhoé Cambridge has a new president, appointing 25-year finance and real estate industry veteran Nathalie Palladitcheff to the...
View ArticleIvanhoé Cambridge Appoints 25-Year Veteran Palladitcheff as President
Pictured: Nathalie Palladitcheff, the new president of Ivanhoé Cambridge.Ivanhoé Cambridge has a new president, appointing 25-year finance and real estate industry veteran Nathalie Palladitcheff to the...
View ArticleCanadian REIT Completes Ownership Stake in Denver Office Properties for $70...
Pictured: 1700 Broadway in Denver.Canadian real estate company Artis Real Estate Investment Trust has purchased the remaining interest in two Denver properties, making it the sole owner of both. Artis...
View ArticleOffice Workers Facing Shrinkage
Pictured: Bloor Islington Place in Toronto.If it appears there is less elbow room in the average office, it's not your imagination, according to a new report from Starlight Investments, whose senior...
View ArticleNo Traffic Jams for This Liberty Village Developer
The notorious traffic from Toronto's Liberty Village into the downtown core was the last thing on developer Richard Hylands' mind when he launched his latest project in the popular neighbourhood. As he...
View ArticleBrookfield Sells 50% Stake in Bay Adelaide
A buyer from the United Kingdom has paid $850 million to acquire a 50 percent stake in the Bay Adelaide Centre in what is the largest commercial real estate deal year to date in 2018, CoStar News can...
View ArticleCinespace Inks Deal to Convert Portion of PortsToronto Into Movie Studio
Cinespace Film Studios has signed a multi-year lease to convert a portion of the PortsToronto marine terminal into Port Lands studio space. The Marine 51 Terminal and Cruise Ship Terminal are going to...
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