Office
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.
Sep 10, 2025
Office
KingSett Capital Buys Pender Place Office Towers In Vancouver From CF & IMCO
Cadillac Fairview and the Investment Management Corporation of Ontario put 700-750 W Pender Street on the market earlier this year.
Development Projects
Keltic Facing Receivership On Nexus Project Near New St. Paul's Hospital
Keltic Development was developing the Nexus project at 220 Prior Street in Vancouver and saw Masimo back out of a deal to buy the building earlier this year.
Commercial
Block Of Eglinton Ave W, Office Of TAS Sells To Skye Capital For $20.85M
While transaction records from Altus Group identify TAS as the vendor, the real estate company tells STOREYS they provided property management services to the previous owner, but were not the seller.
Innovation Has A New Home In The Canadian Housing Industry (And It’s Built For Collaboration)
Rooted in DMZ’s track record of +2,600 startup launches, the Centre for Housing Innovation aims to accelerate the development — and the adoption — of practical, scalable housing solutions across Canada.
Office
H&R REIT Offloads Canadian Pacific Building With Zoning Approvals For $20.2M
H&R REIT’s plans for a 21-storey mixed-use building with 127 condo units were approved by Toronto City Council in February 2024.
Office
Allied Buying Out Westbank From M4 Office Project For $89.7M
The M4 office building is located at 108 East 5th Avenue in Vancouver and is part of the Main Alley creative economy campus being developed by Westbank.
Commercial
CDPQ Places Edmonton City Centre Complex Under Receivership Over $140M Debt
The Edmonton City Centre mall and office complex was acquired by LaSalle Canada Property Fund and its partners in 2019 from Oxford Properties.
Development Projects
How PBA Group Converted A Calgary Office Tower Into The Element Hotel
The project is the first office-to-hotel conversion project to proceed under the City of Calgary's incentive program and the Element Hotel is now open.
Calgary
Inside Calgary's First Office-To-Post-Secondary Conversion
Nine floors within the office tower at 801 7th Avenue SW, also known as the Nexen Building, are being converted for the University of Calgary through the City's incentive program.
Office
Oxford Buys CPP Out Of Trophy Office Towers In Vancouver, Calgary For $730M
CPP Investments sold its 50% stakes in Vancouver's Marine Building, MNP Tower, Guinness Tower, and The Stack, plus Calgary's Centennial Place, Eau Claire Tower, and 400 Third.
Development Projects
Dream Office REIT Secures Grant To Convert 16-Storey Office Tower In Calgary
The office building sits at 606 4th Street SW and Dream Office REIT (TSX: D.UN) has secured an $11 million grant via Calgary's office conversion incentive program.
Office
City Of Abbotsford Buys Office Building Near City Hall For $12.4M
The City of Abbotsford acquired the large office building at 32160 South Fraser Way as well as an adjacent parcel earlier this year.
Office
Polygon Buys Corner Site Across From Oakridge Park, Planning 27-Storey Tower
The 5655 Cambie Street site in Vancouver is currently occupied by an office building and Polygon has already submitted a rezoning application.
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