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Category: Commercial

Melcor sells shopping centre; REIT's 'go-shop' period expires

RENX Staff Commercial Transactions Edmonton Feb. 26 2025

Melcor REIT (MR.UN-T) has sold the 283,000-square-foot Melcor Crossing retail power centre in Grande Prairie, Alta., and has announced the end of the “go-shop” period related to Melcor Developments’ controversial bid to take the trust private.

 

Need CRE financing? Lenders say things are looking up

Steve McLean Commercial Financing National Feb. 26 2025

Lenders are ready to support what’s expected to be a more active year for commercial real estate transactions, according to CBRE’s 2025 Canadian Real Estate Lenders’ Report.

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