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1.62M-sq.-ft. logistics facility for sale in Montreal

1 week ago

1.62M-sq.-ft. logistics facility for sale in Montreal

A consortium of four real estate owners has put the 1.62-million-square-foot VSL Logistics Hub in the Montreal borough of Saint-Laurent up for sale.

Jackpot? Derelict industrial property sat on graphite trove

Former real estate developer Steve Charest looked at 65 Canal Bank St., a sprawling former industrial property in Welland, Ont., that had long since ceased operating, and saw an opportunity where most everyone else only saw pollution.

Apartment building to rise at Mississauga's Sheridan Mall

A 15-storey apartment complex will replace two well-known, long-serving fast-food restaurants at a Mississauga mall. The building will rise at Sherwood Village — better known as Sheridan Mall — at the north end of the property.

Port Moody approves sixth Moody Centre tower

Port Moody council has approved a sixth tower for the Moody Centre Transit-Oriented Development (TOD) area. Council voted 6-1 in favour of Anthem Properties' 26-storey mixed-use rental development covering properties along St. Johns, Williams and Spring streets.

Social hub to anchor eQ's 2,400-home community

The Villages at Clarence Crossing, a community east of Ottawa being built by eQ Homes, is to be anchored around a recreational hub the homebuilder hopes will foster a sense of social cohesion often missing in such neighbourhoods.

Condos at Kingston Pen? Housing plan for notorious prison

Documents obtained by CBC through an access to information (ATIP) request reveal what's envisioned: levelling the back half of the national historic site in order to build up to 700 units, including highrise buildings overlooking Lake Ontario.

26-storey Hilton hotel proposed near Vancouver General

A new rezoning application by Marquee Group and design firm B+H Architects seeks to redevelop 2777 Oak St. in Vancouver into a 308-ft.-tall, 26-storey tower consisting entirely of hotel uses.

Danier debuts new store concept amid expansion phase

Danier is entering a new phase of growth as it marks roughly a decade under current ownership, unveiling a new store concept and expanding into key markets with locations at Heartland Town Centre in Mississauga and CORE Shopping Centre in Calgary.

Discount grocer Bouffe à Rabais booms in Quebec

Two twin brothers from Plessisville are making a splash in their region with their food liquidation stores. Yannick and Nicolas Bourque own six Bouffe à Rabais locations, a food liquidation store, in the Centre-du-Québec and Mauricie regions.

New Costco in the works for northeast Edmonton

A new Costco appears to be on the way for northeast Edmonton, with plans for a location in Manning Town Centre. According to a new building permit from the city, the project is valued at approximately $28 million.

A different set of rules governs the ultraluxury market

There are about two dozen condominium apartments in Toronto with asking prices of more than $10-million, and new ones coming to market even now in a segment that’s virtually immune to market sentiment, economic worries or interest-rate fluctuations.

Edmonton tower boasts world's largest solar panel art

The SunRise is a 12-storey, 11,400-square-foot tower at the edge of Edmonton’s Chinatown – not too far from the city’s iconic sports and entertainment ICE District. Avenue Living owns the property which recently underwent a $28M retrofit.

Tallest wooden building in Quebec set for Terrebonne

The Fonds de solidarité FTQ is going it alone. For the first time, the corporation is becoming the sole investor in a rental real estate project... made of solid wood, the tallest in Quebec.

Clairvest takes over MGM Northfield Park after $546M sale

MGM Northfield Park has temporarily closed as ownership of the Ohio racino transfers to a private equity fund managed by Toronto-based Clairvest Group, completing a deal first announced in October. The transaction was valued at approximately US$546 million.

REIT fundraising drops 18% as more public landlords taken private

With more REITs getting acquired and an interest rate hangover suppressing deals, capital raising for publicly traded landlords is losing momentum. REITs have raised approximately US$10B so far this year, down US$2.2B from the same period in 2025. 

DataBank obtains $2B for Dallas data centre project

DataBank has secured a US$2-billion construction loan for the development of a large-scale data centre campus in Red Oak, Tex., within the Dallas-Fort Worth Metroplex. The site is expected to include a total of eight facilities.

Blackstone’s AirTrunk plans its first data centre-backed bond

Blackstone Inc.-owned data centre operator AirTrunk Pte. is looking to raise at least US$358 million through asset-backed bonds, according to people familiar with the matter, in what may be one of Asia’s first in the sector.

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