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Category: Commercial

Artis REIT to sell GTA industrial portfolio for $750M

Don Wilcox Commercial Transactions Toronto / GTA Jun. 21 2021

Artis REIT (AX-UN-T) has announced a “milestone” transaction, an unconditional agreement to sell its 28-property, 2.5-million-square-foot Greater Toronto Area industrial portfolio for $750 million. The transaction represents a per-square-foot price of $297 for the portfolio. It also exceeds the REIT’s

Converted office now The Westley, Calgary’s newest boutique hotel

Mario Toneguzzi Commercial Redevelopment Calgary Jun. 21 2021

Despite the COVID-19 pandemic which has gutted Canada’s hospitality sector, Silver Hotels Calgary Ltd. has forged ahead with the conversion of an under-utilized downtown Calgary office space into the city’s newest boutique hotel. Asheet Ruparell, managing director of the family-run

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