Commercial

Terracap, Great Gulf Move On From Long-Dormant King-Spadina Project
Listed Commercial

Terracap, Great Gulf Move On From Long-Dormant King-Spadina Project

Over the years, they renovated the office and retail building at 401-409 King Street West, and later constructed a commercial building at 415 King Street West. The building was a longtime home to an LCBO before becoming home to Spirit Halloween and, more recently, the Toronto Night Market.

Retail

Hudson's Bay Left Behind 15 Million Sq. Ft Of Space. What Happens To It Now?

Liquidating HBC's assets and closing all of its stores was the easy part — and has mostly been completed already. The hard part is determining what to do with the huge blocks of vacant space left in the company’s wake.

Commercial

Confident In Office, Europro JV Buys 7.8-Acre Yonge Corporate Centre From Cadillac Fairview

​With the Yonge Corporate Centre acquisition, Europro now owns three significant assets along Yonge Street in the North Yonge corridor.

Retail

Grosvenor Acquires Full Ownership Of Victoria Broadmead Village Mall Valued At $95.5M

The Shopping Centre at 777 Royal Oak Drive in Victoria was co-owned by Grosvenor and the Manitoba Civil Service Superannuation Board.

Retail

Hullmark Buys Spadina Road Retail Property For $21.7M

The mixed-use building is fully leased, with tenants including Forest Hill Spa, Forest Hill Pets, a Starbucks, and others.

Development Projects

Vancouver General Hospital Unveils 10-Phase Campus Redevelopment Plan

The new Vancouver General Hospital campus would include over 3.2 million sq. ft of modernized healthcare space across buildings up to 24 storeys.

Office

After Years Of Remote Work, Toronto’s Office Market Is Heating Up

The RTO trend is reversing years of near-stagnant activity in the downtown commercial real estate scene, but the road back to the office hasn’t been seamless.

Real Estate News

Newly-Approved Underwater Nuclear Power Line Will Unlock 285,000 New GTA Homes

While the project is a long-term play, its approval signals a "green light" for long-range planning in some of the city's most significant development pipelines.

Office

How Return-To-Office Mandates Are Impacting Toronto's Office Market

Altus Group's Raymond Wong shares how Toronto's office market is being shaped by return-to-office mandates and how the trend could play out in the coming year.

Retail

RioCan Bids $141M To Buy Out Hudson's Bay JV From Georgian Mall, Oakville Place

RioCan contributed 50% stakes in the Georgian Mall and Oakville Place to the joint venture it formed with Hudson's Bay in 2015 and is now taking full ownership.

Listed Commercial

Connect Centre And Tower Development At Edmonton ICE District Listed For Sale

Avison Young and TD Cornerstone are marketing the Connect Centre — home to Loblaws CityMarket — along with air rights for a future high-rise next to Rogers Place.

Multifamily

CAPREIT Sells International Plaza In North Van To Squamish Nation For $54.2M

The International Plaza Apartments in North Vancouver sit on reserve land and the transaction brings the property back under Squamish Nation ownership.

Industry

Exclusive: Keltic Development CEO Explains How Nexus Landed In Receivership

CEO Rachel Lei says Masimo’s withdrawal and loan amendments from SHAPE Capital left Keltic struggling to keep Nexus on track.