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QuadReal signs first tenant at Station Twelve industrial park
QuadReal signs first tenant at Station Twelve industrial park
QuadReal has secured a lease for approximately 75 per cent of the 1.12-million-square-foot first building at Station Twelve industrial park in Caledon, northwest of Toronto. Phase I of the complex comprises about 2 million square feet of space.
Loblaw, other retailers seek to expand in Atlantic Canada
Loblaw is on the hunt for retail space in Atlantic Canada as the grocery chain looks to continue enhancing its presence on the East Coast. It's seeking that space in the region's "hottest" CRE asset class.
Empirio Capital buys $47M Edmonton multifamily property
A major multifamily deal in Edmonton is pointing the way forward for buyers of new Canada Mortgage and Housing Corp.-financed projects. McConachie Villas, a 133-unit townhome development at 17620 65 St. N.W., sold for $47.1 million.
Why hundreds of empty Toronto lots are stuck in limbo
They attract squatters, or families of raccoons and rodents. They are neighbourhood dumps, piled with old fridges and furniture. They are the lots that, one day, may become the towering condos or stacked townhouses advertised on the fences around them.
Industry insiders skeptical of RECO report on iPro scandal
The audit and the government’s response has unleashed a torrent of criticism from within the industry. Realtors, lawyers and governance experts are questioning the independence of an investigation that was directed and paid for by RECO.
Toronto developer proposes data centre in Leaside
At a time when developers face a demand slump in the commercial sector, Beeches Development is proposing an 87,000-square-foot data centre for a business park in Leaside. President Charles Goldsmith says the company could break ground next year.
Pinnacle plan for luxury hotel at 1 Yonge St.
Canadian developer Pinnacle International is holding off on plans to demolish the Toronto Star’s old office building at 1 Yonge St. in fresh hopes of converting the existing building into a luxury hotel.
Hotel room shortage in London hits convention centre
The loss of Hilton hotel rooms in downtown London has hit the city’s convention centre business, changing the types of events RBC Place can bid on, its chief executive says.
Barry Callebaut opens $104M facility in Brantford
Barry Callebaut has officially opened its third manufacturing facility in Canada. Built in one of Ontario’s fastest-growing food manufacturing regions, the new facility represents a $104M investment from the chocolat and cocoa products manufacturer.
UFA building distribution centre outside of Edmonton
A new United Farmers of Alberta Co-operative Ltd. (UFA) distribution centre (DC) is on the way outside of Edmonton, with the company increasing its DC size by 50,000 square feet.
Toys 'R' Us Canada closes at least 38 stores, 12 up for sale
A toy empire that has dominated Canada’s retail landscape for decades appears to be shrinking. A new analysis shows Toys “R” Us now operates fewer than half of the locations it ran four years ago — more are up for sale.
Proposed Costco for Surrey's Grandview Heights
A new 165,000-sq.-ft. Costco warehouse proposed for a South Surrey development on 164th Street would also include a gas station and a 989-space parking lot. Surrey council has given the proposal its first and second readings.
39-storey Yorkville condo project denied at OLT
The formidable Yorkville residents’ association is celebrating a major victory at the Ontario Land Tribunal (OLT) after developer Cheong Family Holdings Ltd.'s appeal to construct a 39-storey tower in the exclusive district was rejected.
Proposal for two downtown Milton highrises draws opposition
Slessor Square LP Inc. has applied to redevelop seven lots around and including 388 Main St. E. The proposal is for a high-density and mixed-use development, consisting of 16- and 18-storey towers on a shared six-storey podium.
Major B.C. developer eyes midtown Kelowna opportunity
One of British Columbia’s most prolific real estate development firms has turned its attention to Midtown Kelowna. Lorval Developments is bringing a new affordable residential development to the up-and-coming neighbourhood.
Calgary realtor Alexi Olcheski launches KPLI Global
To become a successful commercial realtor takes time, market knowledge and support — but it also takes drive and the passion to be the best. Alexi Olcheski is a fine example of someone who set a goal, achieved it, and then set more.
Worldwide Plaza, with $1.2B in debt, to be auctioned off
A troubled New York City office tower is scheduled to hit the auction block next year. Mezzanine lenders have scheduled a UCC foreclosure auction for the public sale of the entity that controls Worldwide Plaza, a roughly 2M-square-foot skyscraper.
Ford Motor shows off new high-tech HQ in Michigan
Ford Motor Co.’s new 2.1M-sq.-ft. headquarters, the carmaker’s first main office switch since Eisenhower was president, is double the size of its old one. The new HQ features a seven-restaurant food hall, office space, design studios and fabrication shops.
Will U.S. construction costs go up in 2026?
Construction spending, which dropped 4.7 per cent this year, is expected to increase slightly in 2026. But the projected increase — just 0.4 per cent — is a sign that policy volatility, including tariffs, will continue to impact the U.S. market.
Lone Star buys $527M properties from St James’s Place
St James’s Place Plc has sold a portfolio of U.K. properties to Lone Star as the wealth manager continues winding down its property funds and investment trusts. The private equity firm is acquiring 16 warehouses, stores and offices.
Industry Events
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Global Property Market
Dec 02 2025
Fairmont Royal York
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Toronto Real Estate Forum
Dec 03 2025
to Dec 04 2025
Metro Toronto Convention Centre
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Apartment Development & Affordable Housing Conference
Dec 03 2025
to Dec 04 2025
Metro Toronto Convention Centre, South
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Québec Apartment Investment Conference
Feb 04 2026
Palais des congrès de Montréal
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BUILDEX Vancouver
Feb 11 2026
to Feb 12 2026
Vancouver Convention Centre West
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