LocationsRecent Articles
Americold to build $80M Port Saint John distribution centre
Americold to build $80M Port Saint John distribution centre
Americold Realty Trust (COLD-N) is ready to construct a 190,000-square-foot cold-storage distribution centre at Port Saint John in New Brunswick to serve both Canadian and international clients.
Rare Mission, B.C. waterfront industrial site hits sale market
A rare waterfront industrial development property has come on the market in Mission, B.C., offering 87 acres, including one kilometre of Fraser River frontage. It offers some intriguing upsides, should the buyer opt to up-zone the site to mixed-use.
Colin Wall sets off to build his own legacy in Vancouver RE
Wall Financial Corporation is one of the biggest movers and shakers in the province. Colin Wall hopes the 23-storey building he is planning to erect is just the start of his story.
Hamilton rejects pitch for fast-tracked urban expansion
A development consortium’s pitch to advance plans to expand Hamilton’s frozen urban boundary, in order to build roughly 5,000 homes on rural land through a fast-tracked provincial zoning order has fallen flat at city hall.
Argo to develop 'trophy' Oakville land with housing
A 26.4-acre property in Oakville, Ont. called a coveted “trophy asset” has been bought by Argo Development Corporation, where it plans to build low- and midrise housing.
Harwood Plaza redev. proposes 3 towers for DT Ajax
A recent proposal from First Capital would see Harwood Plaza in Ajax redeveloped into three buildings ranging from 16 to 30 storeys. The development would replace the parking lot at the plaza’s northern end.
Developer and the devoted square off at Toronto council
An unorthodox battle is heading to city council today, pitting housing developer AvranceCorp, who wants to build more than 2,000 homes, against miracle-citing devotees of the Virgin Mary desperate to restore a prayer site on the same property.
New listings in Toronto surge 26% on bets for lower rates
The number of homes put up for sale in Toronto surged last month as sellers wager that falling interest rates will bring buyers back into the market. New listings rose 26 per cent in January from a month earlier.
Nortera unveils $25M expansion amid tariff turmoil
Vegetable processor Nortera, which does a lot of business in the United States, has unveiled a $25-million expansion of its Strathroy, Ont. warehouse. With 13 North American plants, including eight in Canada, tariffs could be a problem.
Developer reverses plan for Sydney waterfront hotel
A developer who planned on putting up a new hotel on the downtown waterfront in Sydney, N.S., is returning to its original plans after that project fell through. Doucet Developments now intends to put up a commercial and residential building.
Incentives to be offered to fill DT London commercial space
Leaders in London’s downtown are eager to see details about a promised financial incentive from city hall to fill empty commercial space. The city's incentive would cover renovation and startup costs for businesses opening in empty spaces in key areas.
Insolvencies rose 12.1% in 2024, led by business filings
Insolvencies in Canada rose 12.1 per cent last year compared with 2023, with business insolvencies leading the way, up 28.6 per cent. Construction, transportation and warehousing, and accommodation and food services were the sectors that saw the biggest insolvency increases.
Calgary Co-op gearing up for next-level store
In the next few years, Calgary shoppers will be able to access an innovative, urban grocery store as part of a new two-acre mixed-use development project, thanks to a collaboration between Calgary Co-op and Truman Homes.
L’OCA Market opens second store in Edmonton
L’OCA Quality Market, the Alberta-based specialty grocery chain, has opened its second location and first in Edmonton. This opening marks a milestone in its rapid expansion since its debut in Sherwood Park in May 2024.
REITs trading at ‘rarely seen discounted levels'
TD Cowen analyst Sam Damiani says the tariff dispute is distracting markets from value opportunities in REITs. Headwinds have been piling up, he says, which "convinced many traditional institutional and individual REIT investors to stay on the sidelines for longer."
Miami’s office market topped the charts in 2024
The Miami office sector posted strong fundamentals throughout 2024, according to the latest CommercialEdge data. The metro marked an over-41-per-cent jump in investment volume year-over-year, recording the busiest period in the last quarter.
Shell HQ to anchor $1B mixed-use development in New Orleans
Construction has begun on Shell Plaza, an eight-storey, 123,941-square-foot property in New Orleans’ US$1 billion River District mixed-use development. It is the first new class-A office building in the city in over 35 years.
Private capital is fuelling single-family rental growth in U.S.
Just under one-in-10 homes that broke ground in 2024 was being built for a tenant, not an owner, according to John Burns Research and Consulting. Investors poured a combined US$57B into single-family rentals in 2021 and 2022.
Indoor farms are another option for office conversions
Office-to-farm conversions not only provide a purpose for empty buildings, they also address another challenge that came to light during the pandemic. Disruptions to the food supply chain during that time highlighted a need for local sources of produce.
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Feb 25 2025
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