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Category: Commercial

Shared office space, co-working major growth trends

Steve McLean Commercial Strategy National Oct. 10 2017

Shared office space could account for as much as 20 per cent of the overall office market in Canada within the next decade, according to a new Cresa study. “There are two distinct markets,” said Cresa senior vice-president Ross Moore,

PROREIT buys two-building Montreal commercial site

RENX Staff Commercial Development Metro Vancouver Oct. 10 2017

PROREIT (PRV.UN-X) is purchasing a two-building, commercial mixed-use complex in Montreal and intends to “exploit fully” the development potential for excess space on the 332,206-square-foot site.  The $8.65-million purchase price represents a going-in capitalization rate of 6.3 per cent. PROREIT believes

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