Hi-Rise Capital Hires Kraft as CEO
Hi-Rise Capital, a Toronto-based mortgage broker and mortgage administrator focused on funding high quality real estate development projects in the Greater Toronto Area, has appointed Michael Kraft to...
View ArticleCoStar's People of Note (Jan. 13) Unilev Selects COO, Executive Managing...
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, Phoenix /...
View ArticleStarwood Buying Milestone Apartments REIT for $2.85 Billion
An affiliate of Starwood Capital Group has agreed to buy Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) and its more than 24,000 US apartment units in a cash-for-stock transaction...
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CoStar's People of Note (Jan. 20) - CBRE, HFF Name 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: Greater Toronto...
View ArticleChartwell to Acquire 107-Unit The Orchards Retirement Community in Vineland
Chartwell Retirement Residences (TSX:CSH.UN), the largest operator in the Canadian senior living sector, has entered into a definitive agreement to purchase a 107-unit retirement residence in Vineland,...
View ArticleCanadian Partnership Against Cancer Signs Lease at 145 King Street West in...
The Canadian Partnership Against Cancer (CPAC) has signed a lease for the entire ninth floor at 145 King Street West, a 643,699-square-foot, 28-story office tower located in downtown Toronto. CPAC will...
View ArticleIndigo Books & Music to Relocate HQ to Allied/RioCan's King Portland Centre...
Indigo Books & Music (TSE: IDG) has signed a lease to relocate its headquarters to 78,810 square feet at Allied Properties REIT (TSX: AP.UN) and RioCan REIT's (REI-UN.TO) King Portland Centre...
View ArticleAvron Sells 39,540-SF Distribution Centre in Vaughan
Avron has sold the 39,540-square-foot distribution centre at 215 Jardin Dr. in Vaughan, Ontario to LivingArt Kitchens for $5.1 million, or approximately $129 per square foot. Avron is one of the...
View ArticleOffice Lease Up (January 23) 21st Century Fox, News Corp to Maintain...
Even as two fashion brands have expanded beyond New York City, two media companies have signed separate long-term lease renewals to remain in more than 1.2 million square feet at Rockefeller Center,...
View ArticleBrookfield Property Partners Makes Bid for Remaining Stake in Brookfield...
In what it described as an effort to simplify and integrate its North America operations, Brookfield Property Partners L.P. (NYSE: BPY) offered to acquire the remaining equity interest in Brookfield...
View ArticleiQ Office Suites Leases 36,545 SF in Sun Life Financial Tower
iQ Office Suites, a shared office space rental provider, signed a 15-year lease for 36,545 square feet in the Sun Life Financial Tower at 150 King Street West in Toronto. The 28-story high-rise tower...
View ArticleMondelez Canada Picks Up Industrial Investment in Toronto
Allanson International has reached a sale leaseback agreement with Mondelez Canada that will keep the lighting and HVAC engineering firm in the 66,681-square-foot industrial facility at 33 Cranfield...
View ArticleMantella Corp. Buys Mississauga Industrial Property
Mantella Corp., a Canadian real estate owner and developer based in Etobicoke, acquired an 81,697-square-foot industrial building in Mississauga, Ontario for slightly less than $9.8 million or about...
View ArticleCoStar's People of Note (Jan. 27) - CBRE Names New Presidents for Three Major...
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: Chicago, South...
View ArticleCore Development Group Looking to Develop in Toronto’s East End
Core Development Group has acquired the 11,280-square-foot retail building at 1496 Kingston Rd. in Toronto, Ontario with plans to carry out a future redevelopment. The local firm paid $5.88 million, or...
View ArticleOffice Lease Up (January 30) Slack Technologies Takes 230,000 SF at Foundry...
Heitman has signed Slack Technologies to fill 230,000 square feet of office space at the Foundry Square IV building in downtown San Francisco set to be vacated by The Gymboree Corp. The business...
View ArticleAllied Properties REIT Acquires Wm. Prager Ltd. Location in Toronto
Allied Properties REIT (TSX: AP.UN) has purchased the 6,400-square- foot retail building located at 391 Adelaide St. West in Toronto for $8.25 million, or about 1,463 per square foot. The buyer...
View ArticleGreat Canadian Realty Success Group Sells Toronto Low-Rise Commercial Building
Great Canadian Realty Success Group sold the two-story retail building at 400 Eastern Ave. in Toronto, Ontario to First National Financial for $8.15 million, or about $289 per square foot. The buyer...
View ArticleAdelaide Development Nets Hsin Kuang Centre on Spadina Ave. in Toronto
Adelaide Development Corp., a commercial and multi-residential property management company, acquired the Hsin Kuang Centre at 346-348 Spadina Ave. in Toronto from Hsin Kuang Restaurant Holdings for...
View ArticleECN Capital Signs Lease for New Office Space at Bay Wellington Tower
ECN Capital, a commercial finance company operating out of North America, signed a lease for 11,104 square feet in the Bay Wellington Tower at 181 Bay St. in Toronto. The 47-story high-rise tower total...
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