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Category: Commercial

Primaris sells St. Albert Centre mall near Edmonton for $60M

Don Wilcox Commercial Transactions Edmonton 21 hours ago

Primaris REIT (PMZ-UN-T) has announced its second shopping centre sale of 2025, divesting the Hudson’s Bay-anchored, 352,900-square-foot St. Albert Centre just outside Edmonton for $60 million.

Canada's downtown office vacancy inches down: CBRE

Steve McLean Commercial Office National 1 day ago

Toronto and Vancouver enjoyed positive net absorption of office space in Q1 2025, according to new CBRE reports. And in a first since Q1 2020, the national downtown office vacancy rate dipped slightly led by Toronto and Vancouver.

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