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Category: Commercial

True North to buy $40.5M downtown Ottawa office building

Don Wilcox Commercial Transactions Ottawa Jul. 15 2022

A nearly fully occupied downtown Ottawa office building is being sold to True North Commercial REIT (TNT-UN-T) for $40.5 million, the trust announced. True North says it expects the transaction for 400 Cumberland St., to close on or about Aug.

Montoni launches Centr0Parc Phase 3 amid Montreal land crunch

Danny Kucharsky Commercial Development Greater Montreal Jul. 15 2022

The Montreal area could soon run out of industrial land for development unless governments make it easier to facilitate zoning changes, says Dario Montoni, president of Montoni Group. “There’s a lot of land available, but a lot of the land

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