Office

Downtown Vancouver near the Vancouver Convention Centre.
Commercial

Vancouver CRE Deals In 2024 Hit Lowest Total In A Decade, 2025 To Remain Cloudy

Commercial real estate transactions in Greater Vancouver totaled to 1,442 in 2024, the lowest total in over a decade.

Office

Rize Alliance Moving On From The Grid Office Project In Vancouver

​Local developer Rize Alliance acquired the Tim Hortons at 306 Terminal Avenue in Vancouver in 2007 and was planning a 10-storey office building.

Office

Allied Properties REIT Exits Ottawa With $86.5M Sale Of Heritage Chambers Office

​Allied Properties REIT sold 40 and 46 Elgin Street, its last two properties in Ottawa, in December to the Government of Canada.

Office

Foreclosed Surrey Westfield Business Centre Vacant For 26 Years Sold For $57M

The Westfield Business Centre at 14178 104 Avenue in Surrey was constructed in 1998, but has never been occupied.

Commercial

Westbank Sells Remaining Stake In Deloitte Summit & Toronto House For $60.5M

Allied Properties REIT acquired stakes in Deloitte Summit and Toronto House from Westbank in March 2024, then acquired the remaining interest in December.

Office

QuadReal Sells 5-Building Meadowvale Corporate Centre In Mississauga For $40.1M

​The Meadowvale Corporate Centre sits at 2000 Argentia Road in Mississauga and was sold by QuadReal to Aaxel Insurance.

Office

Scotiabank Sells North York Office Building For $40.5M To Self Storage Company

​The office building sits at 90 Wynford Drive in Toronto and was sold by Scotiabank to Access Self Storage Inc.

Office

Reliance Properties Sells Downtown Vancouver Office Building For $24M

​The office building sits at 1190 Melville Street in Vancouver and was recently sold by CBRE on behalf of Reliance Properties.

Office

University Health Network Buys National Life Building In Toronto For $79.3M

The office building sits at 522 University Avenue in Toronto and was the subject of a development proposal by iA Financial Group.