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Westbury to help transform midtown Montreal
Westbury to help transform midtown Montreal
The mixed-use Westbury Montreal development represents “the first domino to fall” in an area of Montreal with strong development potential, says the developer behind the project. The $250-million Westbury Montreal and other planned projects will transform the midtown Décarie Blvd. area, says Marc Lefort, vice-president, sales and marketing at Devmont.
Developers sought for K-W mixed-use transit hub
A request for qualifications has been issued for a large mixed-use transit hub in Kitchener, Ont., to play a major role in the evolution of the area and the “Toronto-Waterloo Region Corridor.” The Region of Waterloo will sell a four-acre property to the selected developer, which will then build both the transit hall and accompanying buildings.
Crown’s first female partner discusses deals, NAIOP
Emily Hanna began her real estate career at Allied Properties REIT in 2007 before joining Crown Realty Partners, where she’s been investments partner since July 2013. Hanna is the only female partner at Crown and just the second woman to serve as president of the Greater Toronto chapter of the Commercial Real Estate Development Association.
Agellan buys 8 Chicago industrial properties
Agellan Commercial REIT (ACR.UN) is spending $28 million to expand its industrial property holdings in the Chicago area. The eight properties are spread throughout suburban Chicago and comprise approximately 314,000 square feet of gross leasable area.
‘Water frontage’ and ‘river view’ still great selling points?
Some 1,200 homeowners in the Ottawa-Gatineau area are facing costly repairs if not outright reconstruction in the wake of this year’s record flooding. Other areas across the region and the country have fought their own battles against rising waters. I always find the flood issue interesting because people don’t really give it much thought until they’re really wet.
| City of Edmonton: Invitation for Submissions 2008 – 105 Street, Keheewin Neighbourhood |
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The City’s Building Housing Choices program is inviting submissions to purchase or lease land at 2008 – 105 Street in the Keheewin Neighbourhood for medium-density housing development. Asking Price: $3,500,000 (based on RA7) Open for submissions until 4pm, May 31, 2017.
Detailed information is available at: edmonton.ca/propertysales
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Six months ago: Anthem, partner make major Vancouver land purchase
Anthem Properties and an undisclosed Canadian institutional investor have purchased Grandview Properties Park in Vancouver. Grandview Properties Park is on the Vancouver-Burnaby border and encompasses the block, a location easily accessible to SkyTrain and two major transportation routes.
One year ago: Bertone launching massive Montreal mixed-use project
Bertone Development Corporation expects to begin construction on the $500-million Quais De Lorimier mixed-use project in downtown Montreal next year. “We are creating a world-class urban environment that will provide unique experiences in a prime location close to downtown and popular tourist attractions,” said Bertone co-founder Michael Bertone.
| Property Biz Canada, Tuesday, May 16, 2017 |
| New European Commercial REIT buys second property Property Biz Canada, May 16, 2017 |
| Avigilon doubles investment with Vancouver office sale Property Biz Canada, May 16, 2017 |
| Developers offer insights into GTA condo trends Property Biz Canada, May 16, 2017 |
| Vancouver faces ‘extreme’ industrial space crunch Property Biz Canada, May 16, 2017 |
| Ledgeview succeeds in tough Edmonton market Property Biz Canada, May 16, 2017 |
| What you need to know before investing in CRE Saskatchewan Edge, May 16, 2017 |
| Six months ago: Two big deals for Pure Industrial REIT Property Biz Canada, May 16, 2017 |
| One year ago: AHIP another hotel REIT on a roll Property Biz Canada, May 16, 2017 |
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