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RAD offers alternative to bulk sales for stalled Toronto condos

2 days ago

RAD Marketing offers alternative to bulk condo sales

You won’t find many good news stories about the Toronto condominium market, but RAD Marketing founder and president Riz Dhanji told RENX that his company is now enjoying one of its best and busiest years.

Primaris REIT to buy GTA’s Upper Canada Mall for $411M

Primaris REIT (PMZ-UN-T) has announced its second major mall acquisition of the year. The retail-focused REIT has agreed to purchase the 990,114-square-foot Upper Canada Mall in Newmarket, Ont., from co-owners Oxford Properties and CPP Investments for $411 million.

Western Canada office markets eye a healthy balance

The past decade has seen waves of unprecedented scenarios. However, Avison Young principal Glenn Gardner says current activity by tenants point to a stabilization in office demand as space requirements now and in the future become clearer.

9-tower Mississauga project approved in OLT settlement

A nine-tower mixed-use development at a Mississauga mall propsed by EMTC Holdings Inc. has been approved under an Ontario Land Tribunal (OLT) settlement. The plan is for a property in the northwest quadrant of Erin Mills Town Centre.

350,000-sq.-ft. factory under construction in Quebec

TDF Canada is a joint venture by Tiandingfeng, a Chinese manufacturer of non-woven polyester membranes, and Soprema, a French multinational building sealants company with eight factories in Quebec. The facility will manufacture membranes used for waterproofing roofs in Sorel-Tracy, Que.

Canada Rocket Co. to invest $30M in Ontario facility

Canada Rocket Co. Inc. is investing $30 million over three years to build an engine-testing facility outside London, Ont., the latest step toward the company’s goal of launching a medium-lift rocket into orbit in 2032.

Calgary’s suburban office market takes centre stage: The imperial oil campus milestone

The narrative of Calgary’s commercial real estate landscape is shifting, and the suburbs are leading the charge. 

Sponsored by: Colliers Canada Brokerage

Ottawa’s office vacancy rate drops over the summer

Ottawa’s office vacancy rate decreased over the summer for the first time in a year, as the federal government’s office mandate helped boost market confidence, according to a new report.

Calgary’s CF Chinook Centre adding three major retailers

Old Navy is scheduled to open in November in 15,000 square feet, SportChek will open in spring 2027 in 66,000 square feet and Winners will open in spring 2027 in 33,000 square feet.

Sunterra closes another of its market locations

Alberta-based Sunterra Group, with a portfolio of grocery stores and meat processing facilities, has closed its second store in a few months. In May, Sunterra closed its downtown Edmonton location. Now, it's shut down its Red Deer location.

Collapse of an affordable housing dream

Assembly Corp., founded in 2018, sent shock waves through Toronto’s affordable housing circles this summer when it was forced to declare bankruptcy, just months after entering receivership in May. Several of its mass timber or modular projects are in limbo.

Etobicoke condo proposal shifts to rentals, cuts height

Montez Corporation has changed plans for a 61-storey condominium tower that was just approved by Toronto City Council in June, 2026. The building is now planned as a rental and with only 50 storeys.

Tempus Capital sells two investment properties in London

Tempus Capital Inc. (TEMP-CN) has sold two investment properties. The selling price and consideration for the two properties, both located on Richmond Street in London, Ont., is $4,625,000 cash and a first mortgage of $450,000.

Could rail relocation transform Winnipeg's North End?

VIDEO: The proposed relocation and redevelopment of the CPKC railyards in Winnipeg would create a vibrant neighbourhood with businesses, greenspace, homes and transit, says CBC's urban living contributor Ben Farr.

J.P. Morgan gets $1.88M loan for U.K. office redevelopment

ING Bank and Singapore's DBS Bank have provided a $1.88M (£1B) development loan to finance the refurbishment of One Spitalfields, a major City of London office scheme being redeveloped by J.P. Morgan Asset Management.

Ken Griffin funds $3B Carnegie Mellon campus in Miami

Ken Griffin, founder of Citadel, has sealed what may be the largest land deal in Miami history to bring Carnegie Mellon University to Wynwood. The billionaire paid Moishe Mana US$1.1B for the 35-acre Mana Wynwood convention centre.

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