Commercial

Aerial view of Downtown Vancouver.
Office

What Will It Take For Office Conversions To Happen In Vancouver?

While office conversions have become en vogue in many major cities in North America, Vancouver remains an outlier.

Commercial

Toronto Restaurant Real Estate Putting A Squeeze On Owners

With today’s climate of sky-high interest rates, pricey lease costs and lingering pandemic recovery, being a Toronto bar or restaurant owner isn’t for the financially faint of heart.

Office

James Cheng Aims For The Sky With Pioneering Vancouver Tower

The Stack, a new 37-storey tower in downtown Vancouver, is North America's first zero-carbon office building.

Commercial

Student Housing Provider GEC Living Introduces Developer Partnership Program

​GEC Living will partner with other local developers to lease space, providing security to those developers and quickly adding student housing to the market.

Commercial

City Of Vancouver Looks To Address Hotel Room Shortage

Councillor Kirby-Yung notes that Vancouver is in need of 10,000 new hotel rooms as it prepares to host several large-scale events in the coming years.

Commercial

In Edmonton, An Industry Eagerly Awaits The Second Coming Of Office Conversions

After Councillor Andrew Knack introduced a motion earlier this year, the outline of Edmonton's office conversion incentive program is expected to be unveiled in the coming weeks.

Real Estate News

Toronto’s Artscape To Be Placed Into Receivership Citing ‘Unsustainable’ Debt

Artscape, a not-for-profit affordable artist studio provider, announced on Monday that, after 30 years of operation, they’ve been left no choice but to enter into receivership.

Commercial

Inside The $68M Court-Approved Sale Of Coromandel Properties' Southview Gardens

Coromandel Properties had plans to redevelop the Southview Gardens property into four six-storey buildings with over 1,100 rental units. However, the property was placed under receivership earlier this year after Coromandel defaulted on loan payments.

Commercial

Amazon Opens First Canadian AMXL Fulfilment Centre In Calgary

​Amazon AMXL centres specialize in heavy and bulky products and this particular project, the first of its kind in Canada, cost an estimated $131M.

Commercial

Oxford Properties Announces $28M Renovation Of Yorkdale Mall

Yorkdale is already one of Toronto’s largest and most impressive malls, and Oxford’s investment is in line with positive trends observed in the larger retail landscape.

Commercial

Commercial Real Estate Investment Drops 27% Across The GTA

Amid high interest rates and rising construction costs, real estate investors shied away from the Greater Toronto Area in the first half of 2023.