Commercial

Canadian Commercial Real Estate Is Warming Up To AI, But Slowly
Commercial

Canadian Commercial Real Estate Is Warming Up To AI, But Slowly

​For companies with smaller portfolios and less capital, AI overhauls and massive returns aren't a quick process. Still, optimism surrounding the autonomous tech persists.

Commercial

How Lenders See Canada's 2026 Commercial Real Estate Market

For the first time in a decade, Vancouver is now the top market in terms of lender sentiment. The sentiment around office is also rebounding.

Office

Manulife Sells Downtown Ottawa's EDC HQ To Regional Group For $143.5M

Regional Group announced their acquisition of 150 Slater Street — a landmark office building near Parliament Hill — in late-February, but did not disclose the price.

Retail

For Shopping Malls, Is Yorkdale’s “Snobbery” Simply A Sign Of The Times?

In a court ruling on February 9, Justice Jessica Kimmel blocked Fairweather-owned brand Les Ailes de la Mode from moving into Yorkdale’s former Hudson’s Bay Company real estate. And from a brand perspective, the decision tracks.

Sold

Hyde Park Homes Purchases Berkeley Church, Cites Plans To Reopen Fall 2026

​The venue’s parent company was placed under receivership in 2023, with almost $10.5 million owing to TD.

Office

CIBC SQUARE’s Second Bay-And-Front Tower Reaches Full Lease-Up

​Once occupied, 141 Bay Street will be home to organizations spanning institutional investment, banking and financial services, legal and professional services, and natural resources and mining.

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.