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November 11, 2025
Montreal office tenants join trend of leasing smaller spaces
Montreal office lease deals continue to skew towards smaller blocks of space. In 2020, more than 80% of all office leases were for spaces greater than 10,000 square feet. By 2025, only 10% of all office leases signed were for blocks of space in this size range. The vast majority of office lease deals in Montreal are for less than 5,000 square feet.
November 11, 2025
Re/Max Canada hires real estate veteran to oversee commercial business
Re/Max Canada has hired veteran commercial property professional Damon Conrad in Toronto to oversee the growth of its commercial business.
November 7, 2025
Brookfield posts record fundraising, sees ‘strong momentum’ in real estate
Global alternative asset manager Brookfield Asset Management posted a record $30 billion fundraising haul and third-quarter profit as it saw a market prime for both buying and selling deal activity.
November 7, 2025
Colliers Canada CEO to lead US Northeast brokerage business
Colliers has expanded the role of its Canada CEO to include head of brokerage operations in the U.S. Northeast, a region where the real estate services firm sees major growth potential.
November 6, 2025
CoStar World News for Nov. 6
November 5, 2025
Architectural stars appear on the skyline of Canada's largest city
Mitchell Cohen, clad in work boots still bearing the sales tag, steps over construction debris in the heart of Canada's biggest city. The development executive peers over an unfinished concrete ledge about five stories above King Street and gestures toward Roy Thomson Hall, home to the Toronto Symphony Orchestra.
November 5, 2025
JLL raises outlook as demand rises for office and industrial space
Commercial real estate services firm JLL raised its profit outlook after posting a 44% jump in third-quarter earnings, fueled by double-digit gains in property sales and other deal revenue.
November 5, 2025
Allied REIT earnings hit by Toronto's slow office recovery
The back-to-office trend has not yet boosted the fortunes of Allied Properties Real Estate Investment Trust, as the company reported that increased interest costs and slow leasing activity in downtown Toronto led to a net loss of $113.4 million in the third quarter.
November 4, 2025
Colliers posts revenue jump as engineering expansion drives growth
Real estate services firm Colliers posted double-digit revenue growth as acquisitions of engineering businesses bolstered its financial results in the third quarter.
November 4, 2025
Son bids farewell to office buildings built by his father
The family of the late Joseph Kracauer Sr. is closing in on the sale of his real estate collection that left its mark on Montreal.
November 3, 2025
UPS expands in temperature-controlled logistics with deal for Andlauer Healthcare
Shipping giant UPS bought Canadian logistics company Andlauer Healthcare Group in a $2.2 billion deal to expand its global cold transportation abilities across North America.
November 3, 2025
Oregon firm pays nearly $52 million for Chicago office tower
An Oregon investor has completed its acquisition of a Chicago office tower at a steep discount to previous valuations, wagering nearly $52 million on a long-term recovery of office demand.
November 3, 2025
Top sales and leases recognized in Canada
Lululemon, the popular athletic apparel company founded in Vancouver in 1998, signed one of the city's biggest office leases in years to expand its corporate headquarters, making it one of the top transactions recognized in the latest CoStar Power Broker quarterly deals awards.
October 31, 2025
Signals point to Montreal’s commercial real estate sector turning the corner
Montreal’s commercial real estate market continues to adapt to various challenges. Yet after several difficult years, including a pandemic, the most rapid interest rate hiking cycle in modern times, and a trade war with the U.S., the city’s real estate markets appear to be finding their footing.
October 29, 2025
CoStar World News for Oct. 30
October 29, 2025
Bank of Canada cuts rate again in move real estate executives expect to spur deals
The Bank of Canada lowered its target overnight rate by a quarter percentage point to 2.25% in a move commercial property professionals expect to boost activity in the market.
October 28, 2025
Optimum Financial buys Montreal office complex as new headquarters
Optimum Financial Group, a company with more than 55 years in business, has offered a vote of confidence to downtown Montreal’s office market with its acquisition of an office and retail property.
October 27, 2025
This Winnipeg office tower sees success, much like the hockey team next door
The Newport Centre office tower next to where the NHL's Jets play winning hockey in downtown Winnipeg is also finding success.
October 24, 2025
Canderel to manage La Caisse's Quebec office properties
La Caisse has formed a new partnership with Canderel to manage operations at La Caisse's Quebec office properties while it retains ownership of the buildings in a market facing challenges.
October 23, 2025
A World Series commercial real estate showdown
It's October, and sports fans are focusing on baseball's World Series. This year, the defending champion Los Angeles Dodgers face the Toronto Blue Jays in the fall classic.