Commercial
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.
Sep 29, 2023
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.
Featured
Sean Burns On How Royal LePage Commercial Can Hit Its Recruiting Goal
Royal LePage Commercial is aiming to have 1,000 agents on its commercial team across Canada within the next three to five years.
Expert: Interest Rates Are Putting The Brakes On Buying
"We aren't quite out of the woods when it comes to further rate hikes, as frustrating as that may be."
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.
Commercial
The Dawn Of Digital: Royal LePage Is Making Commercial Real Estate Accessible (And Fun)
The idea of commercial real estate can spur thoughts of a stuffy old boys' network. Royal LePage Commercial wants to change that.
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