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Category: Commercial

Artis to sell new-construction Houston industrial park for $320M

Don Wilcox Commercial Transactions International Apr. 11 2024

Artis REIT (AX-UN-T) has an agreement to sell one of its premium properties, a newly developed 1.8-million-square-foot Park 8Ninety industrial centre in Houston, to U.S.-based KKR as the trust continues divesting assets to strengthen its balance sheet.

Developers continue to expand Montreal life sciences sector

Steve McLean Commercial Life sciences Greater Montreal Apr. 10 2024

The Greater Montreal Area (GMA) already has a much higher life sciences space availability rate than Toronto and Vancouver, and it’s continuing to develop new and repurposed facilities to keep up with the growing demand.

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