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Toronto / GTA

Artis REIT to sell GTA industrial portfolio for $750M

Don Wilcox Commercial Transactions Toronto / GTA Jun. 21 2021

Artis REIT (AX-UN-T) has announced a “milestone” transaction, an unconditional agreement to sell its 28-property, 2.5-million-square-foot Greater Toronto Area industrial portfolio for $750 million. The transaction represents a per-square-foot price of $297 for the portfolio. It also exceeds the REIT’s

Tricon buys downtown Toronto site, plans 2 apartment towers

Steve McLean Residential Development Toronto / GTA Jun. 17 2021

Tricon Residential has purchased a 2.14-acre portion of a downtown Toronto site from ONE Properties for $129 million, where it plans to build two apartment towers as part of mixed-use development. “What we really like about the site is that

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