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GTA industrial market shifts: Large users now have options

Steve McLean Commercial Industrial Toronto / GTA 1 hour ago

The GTA industrial real estate market is among the largest in North America and has the lowest vacancy rate of any major Canadian or American city. However, unlike a year or two ago, large space tenants now have leasing options.

True North divests four office properties in Ontario, B.C.

RENX Staff Commercial Office Metro Vancouver 1 hour ago

True North Commercial Real Estate Investment Trust (TNT-UN-T) has an agreement to sell a three-storey, 90,550-square-foot office building in Burnaby, B.C., in addition to three properties for which it has previously announced sales agreements.

GWLRA acquires second redev. site on Vancouver’s Robson St.

Don Wilcox Residential Transactions Metro Vancouver 1 day ago

GWL Realty Advisors has acquired a second development property along Robson Street in Vancouver. The purchase of 1555 Robson St., adjacent to a property it already owns, creates a 0.77-acre site to redevelop with over 400 apartments plus retail.

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Developers continue to expand Montreal life sciences sector

The Greater Montreal Area (GMA) already has a much higher life sciences space availability rate than Toronto and Vancouver, and it’s continuing to develop new and repurposed facilities to keep up with the growing demand.

Steve McLean Commercial Life sciences Greater Montreal Apr. 10 2024

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Bob Kay, the chair of Killam Apartment REIT’s board for over a decade, will retire after the May 8 AGM. We also note board appointments at CDPQ and Altus Group, plus new executives at Avison Young, JLL and more...

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