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Executive 'Thrilled' with New Job Twice in Nine Days
Donald LeCavalier accepted a job as Fiera Capital's new global chief financial officer, then declined the position; Photo credit: Fiera Capital. Montreal-based Fiera Capital, an investment firm with about $139.4 billion in assets under management,...

Tech Companies Account for One-Fifth of US Office Leasing Activity
LifeLock, a personal information security company, is one of several tech companies that has opened an office in the Phoenix area. The company leases about 95,000 square feet in the Hayden Ferry Lakeside mixed-use park in Tempe, Arizona. While all...

International Workspace Group's Spaces Bulks Up in Toronto, Vancouver
International Workplace Group has signed leases for its coworking brand Spaces at The Well in Toronto and 400 West Georgia in Vancouver. Office space provider International Workplace Group says it has agreed to two major leases in Toronto and Vancouver...

Two Deals Show Gap in Pricing Between Montreal and Vancouver
800 Burrard St. in Vancouver is one of two properties acquired by Crestpoint Real Estate Investment for approximately $330 million. Crestpoint Real Estate Investment has bought two key office towers in Montreal and Vancouver in separate deals that...

Anthem Properties Buys 0.69 Acres in North Vancouver for New Mid-Rise Apartment Complex
Anthem Properties has acquired a .69-acre site at the corner of 3rd St. W and Chesterfield Ave. in north Vancouver where the local developer plans to build a new five-story apartment complex. Calgary's Imperial Oil Ltd. sold the vacant parcel at 177...

American Hotel Income Properties Looks to Familiar Name for Top Job
John O'Neill has been named the next chief executive of American Hotel Income Properties, succeeding Rob O'Neill. American Hotel Income Properties is looking to a familiar face to head up its real estate investment trust. John O'Neill, who oversaw...

Maple Manor Apartments Trades Hands in New Westminster
Coltric Properties Ltd., a Vancouver-based commercial real estate investment company, acquired the three-story Maple Manor Apartments in New Westminster, BC, from Merrit Security for $5.9 million, or about $393,333 per unit. The 15-unit mid-rise delivered...

True North Commercial Agrees to Buy Calgary Office Building in $27 Million Deal
True North Commercial Real Estate Investment Trust entered into an agreement to acquire an office building in suburban Calgary in a $26.75 million deal that is scheduled to close next month. Located at 1020 68th Ave. NE, the 148,000-square-foot, single...

High Operating Costs Force DSW to Close Town Shoes in Canada
DSW is closing more than three dozen stores in Canada. DSW Inc. plans to close all 38 of its Town Shoes locations in Canada after the stores reported significant operating losses. The Columbus, Ohio, shoe retailer cited unfavorable long-term...

After Evaluating Options, Pure Multi-Family Calls Off Process to Consider Potential Sale
Despite spending what it called a significant amount of time and resources evaluating potential offers, Vancouver, Canada-based Pure Multi-Family REIT officially called off the process it began earlier this year to explore a potential sale of the real...

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