commercial real estate
Industrial
City Of Richmond Pays $68M For Industrial Property Valued At $32M
The property sits at 7280 River Road, one block away from No. 3 Road and Alderbridge Way in Richmond.
Oct 15, 2024
Office
Westbank Sells M2 Office Building In Vancouver For $115M To Spear Street Capital
The M2 office building sits at 114 E 4th Avenue in Vancouver and is part of the ongoing Main Alley development by Westbank.
Office
TD Greystone Sells Partial Stake In Vancouver Telus Garden To Morguard
Telus Garden sits at 510 W Georgia Street in Vancouver and was developed by Westbank and Telus, who then sold it to Greystone Managed Investments and Forgestone Capital.
Industry
CBRE To Broker Sale Of High Park Church Conversion Under Receivership
Construction on the High Park site has not advanced since late 2023 when the trade contractors abandoned the project “due to liquidity challenges and other delays.”
This Stately Rosedale Home Boasts The Backyard Sanctuary Of Your Dreams
To say that 77 Chestnut Park Road “sits pretty” in Rosedale would be an understatement — the home sits beautifully, and our favourite thing about it is the incredible backyard.
Commercial
As Vancouver Office Market Dips, Developers Turn Their Attention To Hotels
There continues to be uncertainty around the office market, while the region pushes for more hotel development ahead of FIFA 2026.
Multifamily
Westbank Continues Selling Spree With $133M Sale Of Zephyr To Crombie REIT
Crombie REIT has reached an agreement with Westbank to acquire the remaining 50% interest in The Zephyr at 1661 Davie Street for $133M.
Listed Commercial
Hazelview Investments Selling 4-Building Mixed-Use Development In Thornhill
The 7.7-acre 615 unit development is being sold via JLL Capital Markets for 100% freehold interest.
Office
Conversion Potential Sparks Office Sales As Calgary Relaunches Incentive Program
Around 20 office buildings in Calgary have changed hands since January 2023, many of which are considering an office-to-residential conversion.
Development Projects
Bosa Properties Planning 5-Tower Bristol Project In Surrey After $170M Acquisition
The Bristol project is set for 13301 104 Avenue in Surrey, near the Parkway and University District projects also by Bosa Properties.
Listed Commercial
KingSett Moving On From Planned 69-Storey Isabella Street Project
The 135 Isabella Street project was proposed to the City of Toronto by KingSett Capital in June 2023, but was recently listed for sale.
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
ONE Development Selling 49-Storey Randolph Theatre Project On Bathurst
The project was being planned for 736 Bathurst Street and has been listed by CBRE alongside 555, 557, and 565 Markham Street.
Listed Commercial
Starlight Selling 40-Storey Aqua Tower In New West Just 4 Years After Acquisition
Toronto-based Starlight Investments acquired 900 Carnarvon Street, known as Aqua at Plaza 88, in New Wesminster in October 2020.
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