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Scalia Properties signs Kamik to major industrial lease in Montreal

5 days ago

Scalia Properties signs Kamik to major industrial lease

Scalia Properties has leased its newly-developed 141,153 square foot, zero carbon and LEED Silver industrial property at 7300 Côte-de-Liesse Rd. in the Montreal borough of Saint-Laurent to footwear manufacturer Kamik.

How industrial RE is holding steady amid tariff uncertainty

Canadian dollar-for-dollar counter-tariffs valued at $27.6 billion, put in place on American goods in retaliation for those imposed on Canadian products by the United States, went into effect on Tuesday.

Commercial real estate has a data sovereignty problem

GUEST SUBMISSION: A name on a map seems like a small thing until somebody else changes it. Recently, a U.S. executive order renamed Lake Ontario as Lake America in the American federal names system. Canada's own record did not change.

Floodwaters at Vaughan’s new downtown raise questions

In the aftermath of last week's storms, the apocalyptic scenes at Vaughan’s new master-planned downtown, complete with condo towers and retail space, are raising questions about how prepared new housing developments are for severe storms.

KingSett proposes office-to-student-housing conversion

KingSett Capital is proposing to convert office space at 700 Bay St. in downtown Toronto into purpose-built rental units marketed to students. The conversion would reuse the existing eastern part of building, repurposing floors 2 through 24.

Oakville group urges province to pause 11-tower project

The Ontario government should freeze its plan for a massive condo development in Oakville until it can disclose how thoroughly it vetted the developer picked to lead the project, a local citizens group is demanding.

Pier 4 REIT expands Halifax portfolio with 141-unit acquisition

Atlantic Canada has become an increasingly significant part of Pier 4's strategy, with the region now accounting for roughly a quarter of the fund's total unit count, a figure that continues to climb with each new acquisition.

Sponsored by: Pier 4

35-storey rental tower proposed in Brampton

A 35-storey purpose-built rental tower has been proposed at 375 Clark Blvd. at Bramalea Rd. in Brampton, designed by GSA Studio for Sandro Sordi, operating as 375 Clark Ltd.

Average asking rents fall 4.8% in August

The average asking price for a rental unit in August was $2,035, down 4.8 per cent compared with a year ago. A monthly report from Rentals.ca and Urbanation says that marks the steepest year-over-year drop since March.

Massive golf and gaming venue opening near Edmonton

RC Golf & Games is a two-storey, climate-controlled venue that will include 40 interactive driving bays, rooftop patios, private suites for events and a pro shop. The project is part of River Cree Resort and Casino's broader $200-million expansion.

Edmonton passes bylaw for derelict commercial properties

VIDEO: A bylaw, long-awaited by many businesses which neighbour derelict commercial properties, was passed by Edmonton city council last week. The bylaw establishes a derelict non-residential property assessment and subclass, similar to a bylaw implemented on residential properties in 2024.

IKEA Canada to open first compact store in London, Ont.

The approximately 43,000-square-foot store at White Oaks Mall in London, Ont., will be about one fifth the size of IKEA Burlington and will carry more than 2,500 everyday essentials and seasonal products.

Bond yields may signal long-term interest rate direction

The bond market has taken centre stage in recent months as bond yields worldwide have risen to levels not seen in nearly 20 years. Bond prices have plummeted in the process. But is this just the tip of the iceberg? 

Tariffs forced this U.S. company’s move to Canada

As U.S. tariffs are raising fears that Canadian manufacturers are being lured south of the border, some of their American counterparts are moving in the opposite direction. Among those looking north is a Massachusetts-based company Wildlife Acoustics.

Blackstone global head of real estate to depart firm

Blackstone global head of real estate Nadeem Meghji is reportedly set to leave the company after nearly two decades. Meghji joined Blackstone in 2008 and is leaving just under a year after becoming its sole real estate head.

How Prologis conquered the world

The fact that San Francisco-based Prologis is now about to buy SEGRO for US$19 billion, swallowing whole its largest European rival, sums up the qualities that have helped Prologis rise to the top: patience, cold-eyed analysis and determination.

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