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Calgary Industrial Market Heats Up With Major Deals
Colliers International said it has scored the largest industrial deal of 2018 in Calgary, a 262,400-square-foot lease symbolic of a market that has seen seven straight quarters of decreasing vacancy. Michael Massing, vice-president of industrial sales...

Minto REIT Price Rising, Analysts Expect More
Minto Place at 180 Kent St. in downtown Ottawa.Canada's newest apartment real estate investment trust is already undervalued, according to a couple of Bay Street analysts who initiated coverage of the REIT. Ottawa-based Minto Apartment REIT started...

Avison Young Gets $250 Million Infusion from Leading Canadian Pension Fund
Caisse de dépôt et placement du Québec, one of Canada's largest pension funds, is making a $250 million preferred equity stake in commercial real estate firm Avison Young, which plans to use the cash to accelerate its plans for global growth. Avison...

Colliers Creates Unit for Cannabis Operators
Why sell cannabis when you can sell cannabis operators? As the countdown continues to Oct. 17, 2018, for legalization in Canada, Colliers International says it is expanding its operation to create a unit to act on behalf of growers. Photo Credit...

True North Buying Seven Buildings Totalling 486,000 SF Across Canada
Pictured: True North's headquarters building at 3280 Bloor Street West in Toronto.Toronto-based True North Commercial Real Estate Investment Trust says it is adding seven office buildings totalling 486,000 square feet of space to its portfolio, but can...

Artis Executes Disposition Strategy, Including Sale of Burnaby Office Complex for $100.5 Million
Pictured: Production Court I in Burnaby, BC, part of the three-building Production Court office complex that Artis sold in a $100.5 million deal.Winnipeg-based Artis Real Estate Investment Trust has sold or entered into unconditional contracts to sell...

First Capital Grabs 2.1-Acre Development Site in Toronto Amid Flurry of Deals
The Hazelton Hotel in downtown Toronto, of which First Capital is now the majority owner after acquiring a 60 per cent stake for $44.4 million.Toronto-based First Capital Realty Corp. is about to take 100 per cent control of 2.1 acres of development land...

Minto Chief Executive Talks Company Growth with CoStar News
Pictured: Michael Waters, chief executive of Minto Apartment Real Estate Investment Trust.You could argue the initial public offering of Minto Apartment Real Estate Investment Trust, which started trading Tuesday, was years in the making. The Ottawa...

Landlords a Little More High on Cannabis
A new report from Toronto-based Avison Young suggests retail landlords are high on cannabis tenants, ahead of the Oct. 17 date for legalization in Canada. But for owners still paranoid about renting to marijuana distributers, the real estate company...

Telsec Property Acquires Calgary Site in $6.6 Million Deal
Telsec Property Corporation, a commercial real estate company based in Calgary, has purchased 3.41 acres at 202 Shawville Pl SE from the City of Calgary for nearly $6.65 million, or about $1.95 million per acre. Along with the land at 202 Shawville...

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