Retail
Retail
Shato Holdings Buys Willowbrook Park Shopping Centre In Langley For $137M
The Willowbrook Park shopping centre sits at 6131 200 Street, 6263 200 Street, and 19888 Willowbrook Drive in Langley.
Feb 03, 2025
Retail
Primaris REIT Pays $585M For Stakes In Southgate Centre, Oshawa Centre Malls
Primaris REIT has acquired a 50% interest in the Southgate Centre in Edmonton and an 100% interest in the Oshawa Centre in Oshawa.
Retail
Tokyo Smoke Exits Creditor Protection, Most Locations Unaffected By Restructuring
“The majority of Tokyo Smoke's retail locations were unaffected by the restructuring, and there will be no disruption or change to the Company's online business.”
Retail
Vandyk-Owned Van Mills Retail Centre In Mississauga Sold Via Receivership
The Van Mills Centre retail plaza was owned by Vandyk Properties and was placed under receivership in February 2024.
Lions Bay Home With View Of Howe Sound Hits Market For $2.4M
The beautiful property sits at 170 Highview Place in the scenic community of Lions Bay in British Columbia.
Retail
Tokyo Smoke Seeking “Interested Bidders” Weeks After Announcing Restructuring
Tokyo Smoke’s parent company has initiated a stalking horse bid, which means that the company stands to be bought out in an effort to maximize the value of its assets.
Listed Commercial
JLL Lists Site Of Planned Queen West Condo From KingSett
The site has zoning approvals in place for a 12-storey mixed-use building with 21 condo units.
Retail
Tokyo Smoke To Shutter 29 Stores Amid Restructuring, Citing $29M Net Loss Last Year
The company has said that 167 locations across Ontario, Manitoba, Saskatchewan and Newfoundland and Labrador will remain operational during the creditor protection proceedings.
Retail
Pusateri's Owes Creditors $6.5M, Court Documents Reveal
Last week, the high-end Toronto grocery store filed bankruptcy for several locations and announced it would be consolidating operations to two stores.
Retail
Several Pusateri's Locations To Close After Bankruptcy Filings
The beloved boutique grocery store chain announced the closure of its Bayview Village, Little Italy, and Kitchen locations last Tuesday.
Retail
Feds May Start Fining Use Of Property Controls In Commercial Real Estate
The use of property controls are the focus of the Competition Bureau's investigation into Loblaws and Sobeys.
Industry
Buyer Found For Vandyk-Backyard Humberside Property, Under Receivership Since March
New court filings show that Vandyk-Backyard Humberside’s commercial property at 10 Neighbourhood Lane received eight offers throughout the sales process.
Development Projects
Cedar Coast Planning Langley Mall Redevelopment With 10 Buildings And 1,900 Units
Cedar Coast acquired the Langley Mall at 5501 204 Street from First Capital REIT over two years ago.
Commercial
"Let's Just Get The Deal Done": Inside The CRE Rush To Beat The Capital Gains Deadline
Both buyers and sellers were motivated to get deals done ahead of the capital gains tax change coming into effect on June 25.
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