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Pure Industrial sells former Toys “R” Us GTA headquarters
Pure Industrial sells former Toys “R” Us GTA headquarters
Vanguard Realty Brokerage Corp. has brokered its biggest deal ever by representing both sides in Pure Industrial’s $136-million sale of a 471,051-square-foot GTA building to Franline Investments Inc., a Canadian manufacturer of aluminum products.
B.C. developers see potential housing supply issue ahead
There was a time a few years ago when the housing crisis was a supply issue. Then it evolved into more of an affordability issue. These days, developers are once again becoming concerned about housing supply.
Designing for the long game: Condo-to-rental conversions
GUEST SUBMISSION: Over the past two decades, condominium development has dominated Toronto’s housing landscape. It shaped our skyline, fuelled growth and, particularly in the last decade, became the city’s de facto rental supply through an investor-driven, shadow rental market.
Leyad buys portfolio of 7 grocery stores across Canada
Leyad has made its second major retail acquisition in two weeks, buying seven single-tenant grocery stores leased to Loblaw Companies Ltd. The 387,000-sq.-ft. portfolio features properties in five provinces and the Yukon.
La Caisse moves to take possession of Place Bonaventure
Who wants Place Bonaventure, one of Montreal's iconic properties? Certainly not its current owner. The federal employees' pension fund prefers to hand over the keys rather than repay La Caisse, which wants to recover its $200 million mortgage.
Ottawa’s office vacancy rate increases to start 2026
There was more office space available for lease in Ottawa over the winter, mainly due to large blocks of federal government offices being vacated in the capital, according to a new report.
Did 'secret vote' lead to approval for 11-tower Oakville TOC?
Oakville residents’ groups are calling for answers following a secret vote that saw the majority of council approve some kind of decision related to the province’s Transit Oriented Community (TOC) plan for Midtown Oakville.
Questions raised over how housing starts are measured
Housing start data remained strong in 2025 and early 2026, even as condo sales hit record lows and project cancellations surged, raising questions about how accurately the metric reflects current conditions.
Tax and fee cuts have home developers itching to build
Developers in Ontario say a reduction in taxes and fees that could cut the cost of new homes by up to $200,000 has them ready to build. All that’s missing now are buyers.
13 rental, multiphase developments approved by Toronto
Thirteen development applications were adopted by Toronto City Council in March. The approvals span lowrise infill to multitower communities, collectively introducing 7,855 new residential units. A significant share of this pipeline is purpose-built rental housing.
MVHC to invest $150M in expanding housing portfolio
The Metro Vancouver Housing Corporation (MVHC) has a portfolio of over 3,400 non-market rentals across 53 properties (existing and under development), with a portfolio value of $923 million. It's 10-year plan involves adding up to 2,000 more units.
New developer reworks Sheppard West midrise plan
A reworked proposal from ELM Developments has been submitted to the City of Toronto for 270 Sheppard Ave. W., where a minor variance application seeks to advance a midrise development at the northeast corner of Addington Avenue.
Bloor Street rents surge as availability remains elevated
Bloor Street retail rents continue to lead the country, with average asking rents reaching $246 per square foot, but rising availability along Toronto’s most prestigious shopping corridor is revealing a more complex market dynamic.
Outdoor-gear chain Sail undergoes management-led buyout
Sail Outdoors Inc. has undergone a management-led buyout, as part of a succession plan initiated by the leaders, who took the company from a single surplus store to a big-box chain selling recreation equipment. The retailer now operates 12 locations.
Hyatt Regency Niagara Falls Fallsview hotel opens
The Hyatt Regency Niagara Falls Fallsview has opened in the Fallsview district of Niagara Falls, as the city's first Hyatt property. The hotel is located adjacent to the Canadian Horseshoe Falls - the closest Canadian hotel to the falls.
Preparations underway for another Thunder Bay hotel
A demolition crew has made quick work of the teardown of a house to make way for the construction of another new hotel in Thunder Bay. The property is earmarked for a three-storey, 24-unit Lux Suites boutique hotel.
$7B Halo Vista development breaks ground in Arizona
Construction has started on the build-out of Halo Vista, a 2,300-acre mixed-use development adjacent to the Taiwan Semiconductor Manufacturing Co. campus in north Phoenix, Ariz., KTAR News reports.
Rolex unveils headquarters tower in Manhattan
Luxury watchmaker Rolex will open The Rolex Building, a 30-storey office tower in Midtown Manhattan, in the fall of 2026. Located at the corner of Fifth Avenue and East 53rd Street, the building will serve as Rolex’s U.S. headquarters.
Amazon in buying mode for industrial real estate again
After a two-year lull in activity, the world’s largest online retailer is in buying mode again for U.S. industrial space, and its shopping spree will likely have a major impact on the industrial marketplace.
Blackstone acquires Napa Valley resort in a foreclosure sale
Blackstone Inc. bought a luxury resort in California’s Napa Valley, extending a bet that booming demand for artificial intelligence will translate into real estate profits in San Francisco and the surrounding region.
Industry Events
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Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre -
Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building
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