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Category: Commercial

Clarke to acquire hotel owner/operator Holloway Lodging

Don Wilcox Commercial Transactions National Aug. 12 2019

Majority shareholder Clarke Inc. (CKI-T) plans to acquire all remaining shares of Holloway Lodging Corporation (HLC-T) in a transaction which values the hotel and office owner at $265 million. The transaction represents a per-room value of $88,200 (excluding vendor take

20.7 M sq. ft. of office development in Canada’s big cities

Steve McLean Commercial Development National Aug. 12 2019

The pipeline of office developments in Canada reached 20.7 million square feet in the second quarter, according to JLL, the highest level in this cycle but still below the peak of 23.1 million in 2014. More than 10 million square feet

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