Industry News
Work starts on Rogers Place arena in Edmonton
Construction has started on the new Rogers Place arena in Edmonton. The facility is expected to be open in time for the 2016 NHL season.
Google signs lease for Kitchener office
Google Canada has signed a lease for 185,000 square feet of office space located at Breithaupt Block in Kitchener, Ont.
New Homewood Suites hotel opens in Hamilton
A new Homewood Suites by Hilton has opened in downtown Hamilton, Ont., making it the 11th Homewood Suites property in Canada.
Temple Hotels acquires Hotel Saskatchewan
Temple Hotels Inc. has entered into an agreement to purchase the Hotel Saskatchewan in Regina for $32.8 million.
Downtown Toronto office sector softens
The fourth quarter of 2013 ended with the downtown Toronto office sector seeing its poorest results since 2003, according to a report from Avison Young.
Roots Canada investing in flagship locations
Roots Canada has committed several million dollars for major changes in three Canadian flagship stores in Toronto and Vancouver.
Sobeys to sell 30 stores in western Canada
Sobeys Inc. has entered into purchase and sale agreements that will see the company sell 30 stores in western Canada.
AHIP acquires hotel portfolio for $37.1 million
Vancouver-based American Hotel Income Properties REIT LP (AHIP) entered an agreement to acquire a portfolio of four Virginia hotels for $37.1 million U.S.
Vancouver’s 725 Granville announces first tenant
Miller Thomson LLP will be the first office tenant in the redeveloped Pacific Centre property at 725 Granville in Vancouver.
New project will revitalize city block in Victoria
Concert and Jawl Properties have been selected by the Province of British Columbia as the successful bidder on a mixed-use six-acre property in Victoria.
BOMA Canada appoints new chair
Mike Bishop has been appointed chair of BOMA Canada, effective January 2014.
Toronto’s Bay Street has Canada’s highest rents
Toronto’s Bay Street had the highest recorded office rents in 2013, according to a new report. But hubs in Vancouver and Calgary were not far behind.
Work starts on Tsawwassen First Nation lands
Construction has begun on two retail projects on Tsawwassen First Nation treaty lands in the Greater Vancouver area.
Saskatoon’s commercial market going strong
Saskatoon’s commercial real estate market continues to hold strong, according to Colliers International.
BlackBerry selling off real estate holdings
BlackBerry Limited plans to sell off the majority of its Canadian real estate holdings.
Saks coming to the Toronto Eaton Centre
Hudson’s Bay Company (HBC) has announced that it will open a Saks Fifth Avenue store within its flagship location at the Toronto Eaton Centre.
Vancouver’s Harbour Centre shows off renos
Polaris Realty has completed its multi-million dollar redevelopment project of the Harbour Centre food court in downtown Vancouver.
