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LG leases almost 1M sq. ft. in Nicola’s King City business park

3 weeks ago

LG leases almost 1M sq. ft. in King City business park

LG Electronics Canada has leased 984,176 square feet in the King Jane Business Park in King City, Ont. to serve as its distribution hub, a transaction which represents Nicola Real Estate’s largest leasing, to date, by square footage.

Westcliff pushes west with Edmonton mall acquisition

Westcliff Management Ltd. announced this morning it has acquired Kingsway Mall in Edmonton, expanding the Montreal-based real estate development, investment and property management firm's national retail footprint. The 880,049-square-foot regional mall had been owned and managed by Oxford Properties.

Montréal's Molson brewery site cleared for taller towers

The way is clear for the towers of Montréal's future Quartier Molson, one of the largest real estate projects in the city, to exceed the heights normally permitted in the city centre, where the project will soon get underway.

4 Brookfield Residential communities enroll in Built Green

Brookfield Residential has enrolled four of its Edmonton developments in Built Green Canada’s communities certification program, making it the first developer of its scale to do so under the pilot.

Condo crash: 1,000 unsold units in Hamilton

Developers in Hamilton’s central lower city have roughly a thousand unsold new or planned condo units amid a market collapse that has spurred some to cancel or rethink projects. That’s a significant change from just three years ago.

Cineplex Queensway lease renewed despite massive redev.

In June 2025, Toronto City Council approved a plan to tear down Etobicoke's Cineplex Cinemas Queensway movie theatre to make way for thousands of condos, but it now appears to be safe from wrecking balls for a long time.

Surrey's huge growth: How much more can it handle?

Surrey's downtown has undergone a transformation over the last several years — a new city hall near a massive library, nearby campuses for Simon Fraser University and Kwantlen Polytechnic University, an explosion of highrise buildings and an infusion of new businesses. 

Ottawa rules out trade talks return, U.S. to tariff auto sector

Prime Minister Mark Carney has no immediate plans to ask U.S. President Donald Trump and his negotiating team to return to the table for more trade talks, a source with knowledge of the plans said Monday.

In the age of online shopping, why do we still go to malls?

At a time when everything is at your fingertips thanks to cellphones and computers, and online-ordered goods can show up on your doorstep the next day, there is still something that draws shoppers into bricks-and-mortar stores.

Winners, Marshalls, HomeSense gaining market share: TJX

TJX Companies (TJX-N) says its Winners, Marshalls and HomeSense businesses are continuing to gain major market share in Canada, with customer transactions rising as the off-price retailer expands into prominent shopping centres and urban locations across the country.

Old Dutch's fossil fuel-free operations at P.E.I. facility

A solar array, geothermal system and energy recovery technology have enabled Old Dutch Foods to make its accounting office and warehouse facility in Summerside, P.E.I., fossil fuel-free, establishing a new benchmark for sustainability within the snack food manufacturer’s operations.

First National Financial Corp. ends reporting issuer status

First National Financial Corporation has received an order ceasing its status as a reporting issuer under Canadian securities laws and an order under the Business Corporations Act (Ontario) deeming the company to have ceased offering its securities to the public.

42% drop in Vancouver housing starts prompts worry

Housing starts in Vancouver are down 42 per cent compared with last July. "It's the worst housing market and housing downturn in the last 30 years," said Mike Drummond, CEO of the Urban Development Institute.

Quebec bucks national trend as rents continue rising

For more than a year, rental markets have been sluggish across most of the country. But in Quebec, rent affordability continues to be a concern for households, as prices have generally bucked the national trend.

Teardown of Canada's second-tallest structure moving fast

The enormous Vale (formerly Inco) Superstack towering over Sudbury, Ont., reigned as the silver medallist of Canada's tallest structures behind the CN Tower until earlier this year, when demolition began to chip away at the 381-metre-tall smokestack.

NYC office investor warns it could go under

ASIC, which changed its name from New York City REIT in 2023, has been in a downward spiral in the years following the pandemic. Its shares have lost more than 90 per cent of their market value since 2022.

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