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Category: Commercial

Summit to buy 11 Montreal, GTA, Ottawa industrial properties

Don Wilcox Commercial Nov. 30 2018

Summit Industrial Income REIT (SMU-UN-T) will spend $233.5 million to purchase 11 light industrial properties in Montreal, the Greater Toronto Area and Ottawa, the trust announced Thursday afternoon. The portfolio comprises just under 2.1 million square feet of gross leasable

Economists warn recession on the way: TREF

Don Wilcox Commercial Nov. 29 2018

Two highly respected economists offered different views of the severity of the next recession and its impact on real estate, but they were in lock-step on one point: the current cycle has run its course, and some sort of economic

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