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Intermarket to build major Waterloo Region industrial site
Intermarket to build major Waterloo Region industrial site
It took 12 years to assemble the land and go through the approvals process, but Intermarket Developments is ready to launch the 400-acre IP Park Industrial Campus in Cambridge, Ont. Intermarket Real Estate Group founder and president Mark Kindrachuk expects his Toronto-based development and management company and the City of Cambridge to start building roads for the site in the spring and for construction to begin on the first two phases of IP Park Industrial Campus next summer.
Create experiences and retail can thrive, ICSC members hear
“The future of retail real estate is strong.” That was a sentiment expressed numerous times in a keynote presentation by retail consultant Michael Brown at the International Council of Shopping Centers’ (ICSC) Canadian convention at the Metro Toronto Convention Centre on Oct. 3.
Office occupancy growing in Canada’s biggest cities
The Canadian office market saw overall occupancy grow by an annualized 2.3 per cent in the third quarter, and vacancy rates continued to fall in most of the country’s six largest cities, according to a new Colliers International report. Colliers’ Canadian market intelligence director Craig Hennigar, with assistance from market intelligence researchers, analyzed each of the six cities.
Broccolini unveils details of Montreal’s tallest residential tower
Broccolini has unveiled new details and several modifications to the design of its Victoria sur le Parc, a 58-storey tower which will become the largest residential high-rise in Montreal when it is completed in 2020. The project is Broccolini’s “most ambitious yet” and comprises one of the final redevelopments in Montreal’s International District.
GWLRA buys U.S.-based Guggenheim Real Estate LLC
GWL Realty Advisors Inc. says it has a deal to purchase Guggenheim Real Estate LLC (GRE) through its U.S. subsidiary, GWL Realty Advisors U.S. Inc. The transaction will be the second major purchase this year for GWLRA US. Financial terms of the acquisition were not disclosed, but GRE manages gross assets of US$1.8 billion.
Six months ago: Sandpiper pursues bold path with board shake-ups
In the less-than-two-years since Sandpiper Group launched, the Vancouver-based investment company has been forging a bold path initiating board shake-ups. Sandpiper is developing a portfolio built on shrewd public and private property investments, while also finding ways to influence and insert board members into investment partners which are not meeting Sandpiper’s expectations.
One year ago: Montreal’s South Shore a bustling CRE hub
A combination of factors ranging from less traffic congestion to cheaper leasing costs are making the South Shore of Montreal a strong candidate for commercial development, heard conference –goers at a recent conference on Montreal leasing. The South Shore is “at the foot of Montreal without the traffic nuisances,” says Luc Sicotte, president and CEO of Landmark Properties.
| Property Biz Canada, Thursday, October 11, 2018 |
| Aspen’s Scott Hutcheson: Developer, athlete, Olympic bid leader Property Biz Canada, Oct. 11, 2018 |
| U Store It Canada a pioneer in self-storage industry Property Biz Canada, Oct. 11, 2018 |
| R2, Gillam partner on first crowd-funded deal in Ontario Property Biz Canada, Oct. 11, 2018 |
| Reserve, Westdale bet on LRT to sell Line 5 condos Property Biz Canada, Oct. 11, 2018 |
| New Horizons idea failed miserably, or did it? Saskatchewan Edge, Oct. 11, 2018 |
| QMLP buys 12 St. Catharines apartments from Skyline Property Biz Canada, Oct. 9, 2018 |
| Six months ago: Hines, Oaktree acquire Calgary’s First Tower Property Biz Canada, April 12, 2018 |
| One year ago: Strathallen hits ‘critical mass’ with OneREIT acquisitions Property Biz Canada, October 12, 2017 |
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