May 2, 2025
Walmart Canada opens its first pharmacy clinic
Walmart has opened its first pharmacy clinic in Canada, joining a growing trend of drugstores and retailers providing medical services to take pressure off the country's health care system.
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May 2, 2025Moxy hotel opens at base of what development team says is Montreal's tallest residential skyscraper
The Moxy Montreal Downtown, a hotel brand operated by Marriott International, opened to guests this week. Its 216 rooms occupy the 12 lower floors of Canvar Group’s 63-floor skyscraper at 910 Saint Jacques. Construction crews remain at work completing the Skyla apartment complex on floors 17 to 63 in the same tower.
May 1, 2025Amazon to triple rural delivery network in face of tariff uncertainty
Amazon plans to triple its network of distribution hubs in rural U.S. areas to get deliveries to customers faster in the face of climbing consumer prices and tariff uncertainty.
May 1, 2025Leader of Avison Young Canada urges country's major parties to work together
The president of Canadian real estate firm Avison Young is encouraging the country's two major parties to work together to enact key policies that will benefit commercial real estate.
May 1, 2025Downtown Montreal's office vacancy is concentrated in handful of buildings
Montreal’s downtown office vacancy rate has continued to move higher in recent quarters and now sits at over 15%, or over 20% for only those buildings actively marketing available space.
May 1, 2025Downtown Vancouver’s retail market continues to suffer from lower visitation levels
A new analysis shows that the retail market in downtown Vancouver stumbled last year, attracting fewer visitors while store closings increased, resulting in rising retail space availability.
May 1, 2025Rosefellow to redevelop part of Laval shopping centre as distribution hub
The new owner of the northern section of the Mega Centre Notre-Dame plans to replace some existing retail space with new distribution centre space at the property.
May 1, 2025Rent declines becoming ingrained in Vancouver’s industrial market
Market asking rents in Vancouver’s industrial market are showing signs of further slippage, which threatens to result in the region-wide estimated rent posting back-to-back quarters of declines.
May 1, 2025Top office leases recognized for Toronto
Prominent office leases signed by AstraZeneca PLC, Allstate and Metrolinx negotiated by top dealmakers from Cushman & Wakefield, Avison Young and CBRE are among the first-quarter office leases recognized by CoStar.
May 1, 2025Top property sales recognized for Edmonton
A prominent general retail deal handled by TD Securities and CBRE and a general retail disposition arranged by CBRE are among the top first-quarter property sales recognized by CoStar.- May 1, 2025
Top property sales recognized for Greater Toronto
A prominent general retail deal handled by TD Securities and CBRE and an industrial disposition arranged by Cushman & Wakefield are among the top first-quarter property sales recognized by CoStar. - May 1, 2025
Top property sales recognized for Ottawa
The sale of a prominent multifamily property handled by District Realty and another multifamily disposition arranged by CLV Group are among the top first-quarter property sales recognized by CoStar. 
May 1, 2025Top industrial leases recognized for Vancouver
Prominent industrial leases signed by Industrial Electric Manufacturing, Intelcom Courrier Canada and Big Bus Tours negotiated by top dealmakers from Colliers and Avison Young are among the first-quarter industrial leases recognized by CoStar.- May 1, 2025
Top industrial leases recognized for Toronto
Prominent industrial leases signed by ID Logistics, Apps Transport Group and 18 Wheels negotiated by top dealmakers from CBRE, Metrus Properties and Colliers are among the first-quarter industrial leases recognized by CoStar. - May 1, 2025
Top property sales recognized for Montréal
A prominent multifamily deal handled by Transacte Agence Immobilière and an industrial property disposition arranged by CBRE are among the top first-quarter property sales recognized by CoStar. - May 1, 2025
Top industrial leases recognized for Edmonton
Prominent industrial leases signed by ChamClad, TnT High Pressure Waterworks and EZ DEF negotiated by top dealmakers from Avison Young and CBRE are among the first-quarter industrial leases recognized by CoStar. 
May 1, 2025Top retail leases recognized for Greater Ottawa
Prominent retail leases signed by Kal Tire, Crazy Bear Arcade and Strong Pilates negotiated by top dealmakers from Marcus & Millichap are among the first-quarter retail leases recognized by CoStar.- May 1, 2025
Top office leases recognized for Edmonton
Prominent office leases signed by Berlin Communications, National Bank and Alberta Surgical Group negotiated by top dealmakers from Avison Young, The Onni Group and CBRE are among the first-quarter office leases recognized by CoStar. - May 1, 2025
Top retail leases recognized for Toronto
Prominent retail leases signed by Pickleplex Social Club, Fotile and Uptown Montessori School-Woodbridge negotiated by top dealmakers from Royal LePage Frank, CBRE and Cushman & Wakefield are among the first-quarter retail leases recognized by CoStar. - May 1, 2025
Top property sales recognized for Vancouver
A prominent industrial deal handled by CBRE and a general retail disposition arranged by Colliers and Sitings are among the top first-quarter property sales recognized by CoStar.
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