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Category: Commercial

Pure acquires Northlea’s $312M GTA industrial portfolio

Don Wilcox Commercial Transactions Toronto / GTA Jan. 17 2022

Pure Industrial has acquired a portfolio of 13 industrial properties in Toronto, comprising over 900,000 square feet, for $312 million from Northlea Corporation. The transaction was brokered by Avison Young’s Ben Sykes and Richard Chilcott, who made the announcement Monday

Parties should specify rent consequences when force majeure triggered

Robins Appleby LLP Commercial Legal National Jan. 17 2022

In two recent decisions, the Ontario Superior Court considered the issue of whether commercial tenants were required to pay rental arrears during government-imposed COVID-19 restrictions, with opposite outcomes. In the March 2021 case of Windsor-Essex Catholic District School Board v

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