Office
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.
Feb 10, 2025
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.
Higher Level Living: Langley Townhomes Serve Sweeping Rooftop Views For All
Tucked between the vibrancy of Willowbrook and the tranquility of Willoughby, Addition — rising via Redekop Ferrario Properties — is set to serve an unmatched lifestyle opportunity.
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.
Office
Brookfield Buys Out CPP & AIMCo's Stake In Toronto Office Tower For $161M
Brookfield Properties has bought CPP Investments and AIMCo out of 2 Queen Street East, with TMU also now owning a small stake.
Listed Commercial
Vista Heights Office Complex In Calgary Under Receivership Listed By CBRE
The Vista Heights office complex sits at 1925 & 1933 18th Avenue NE in Calgary and was placed under receivership in August 2024.
Office
Armco Buys First Canadian Centre In Calgary For $46.5M, Planning Second Tower
The First Canadian Centre sits at 350 7 Ave SW in Calgary and was acquired by G2S2 Capital Inc. through Armco Capital Inc.
Policy
Regulatory Change That Could Speed Up Office Conversions Proposed After Ford Government Voted Bill Down
Bill 102, The Commercial to Residential Conversion Act, 2024, was tabled by Liberal MPP Karen McCrimmon in May in response to high office building vacancies in Ontario.
Office
City Of Burnaby Pays $65M For Metrotown Place Office Towers Under Receivership
The Metrotown Place office towers at 4330 Kingsway and 5945 Kathleen Avenue in Burnaby were owned by Slate Asset Management when it was placed under receivership.
Office
Slate Office REIT Sells Stake In Woodbine & Steeles Corporate Centre For $39M
The Woodbine & Steeles Corporate Centre sits at 7030-7100 Woodbine Avenue and 55, 85 Idema Road in Markham, Ontario.
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