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Category: Commercial

Canada’s office market takes biggest hit in a decade: JLL

Steve McLean Commercial Market Reports National Nov. 12 2020

The office market in Canada’s major cities experienced its largest negative quarterly net absorption in more than a decade during Q3 2020, according to JLL, totalling nearly 2.7 million square feet of occupancy losses. The national vacancy rate rose by

SmartStop to acquire Strategic Storage in US$370M deal

Don Wilcox Commercial Transactions International Nov. 11 2020

SmartStop Self Storage REIT says it will acquire and merge with Strategic Storage Trust IV Inc., in a transaction valued at about $370 million US. The deal will create a company with operations in the U.S. and Canada totalling 136

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