acquisition

REMI Network

JLL to acquire the Strategic Advisory Group

Jones Lang LaSalle (JLL) announced it will acquire the Strategic Advisory Group (SAG) with the goal to be ‘a leading advisor’ to the hospitality industry.

Canadian Facility Management & Design

Lemay acquires Andres Escobar & Associates

On Dec. 1, the award-winning architectural firm Lemay announced its acquisition of Andres Escobar & Associates, a renowned interior design firm. This acquisition will further

REMI Network

Edgefront REIT to buy two industrial properties

Edgefront Real Estate Investment Trust (the REIT) will be purchasing two industrial properties, one in British Columbia and the other in Saskatchewan.

Canadian Apartment Magazine

Milestone acquires 15 U.S. properties

Milestone Apartments Real Estate Investment Trust announced that it has entered into a definitive agreement with Starwood Capital Group to acquire, by way of merger, Landmark Apartment Trust for US $8.17 per Landmark share in cash, representing a total enterprise value of approximately US $1.9 billion.

REMI Network

Adgar acquires five office buildings in Canada

Adgar Investments & Development Inc. has acquired five office buildings, four in Ontario and one in Manitoba.

REMI Network

Colliers sells two Ontario-based hotels

Colliers International Hotels has sold two more Ontario hotels, including the Westin Prince Toronto and the Hilton Garden Inn Niagara-on-the-Lake.

CondoBusiness

Cion acquires Coulter Building Consultants

Cion Corp., a company that provides technical services for the property and facility management industry, has acquired Coulter Building Consultants Ltd.

Canadian Facility Management & Design

Acquisition of Global Workplace Solutions closes

On Sept. 1, CBRE Group, Inc. announced that it has closed the acquisition of Johnson Controls, Inc.’s Global Workplace Solutions business.

REMI Network

Stern Partners closes on Comark retail portfolio

Vancouver-based Stern Partners Inc. has completed the acquisition of Comark Inc., a Canadian specialty fashion retailer.

REMI Network

Allied acquires space at 560 King Street West

Allied Properties is set to acquire the retail and office component of 560 King Street West in Toronto for $28 million.

REMI Network

Fortress acquires Collier Centre project in Barrie

Fortress Real Developments has arranged to acquire the Collier Centre in Barrie, Ontario, a mixed-use building that began construction in 2012.

REMI Network

Calloway fully acquires SmartCentres platform

Calloway has completed the purchase of the SmartCentres platform, acquired from Mitchell Goldhar as part of a $1.16 billion transaction.

REMI Network

Allied Properties to buy more King West property

Allied Properties is set to purchase three Class 1 buildings on King West property in Toronto for $100 million.

REMI Network

Calloway to buy SmartCentres in $1.16-bill deal

Calloway REIT (Calloway) is set to acquire SmartCentres and become a fully integrated real estate development company called SmartREIT in a transaction valued at $1.16 billion.

REMI Network

Hilton Garden Inn Montreal Airport is sold

The parent company of Shelter Canadian Properties Limited has bought Montreal’s Hilton Garden Inn Montreal Airport for $15 million. The 159-room hotel, which opened in

Canadian Apartment Magazine

Milestone REIT to acquire Atlanta apartment

The Ontario-governed Milestone Apartments Real Estate Investment Trust (Milestone REIT) has agreed to purchase a 236-unit apartment complex in East Atlanta, Georgia. The community, known as the Village at Almand Creek (Almand Creek), will be purchased for $24-million U.S.

Canadian Apartment Magazine

Starlight purchases Texas apartment complex

Travesia Apartments (Travesia), a 396-unit apartment complex in Austin, Texas, has been acquired by the Ontario-governed Starlight U.S. Multi-Family Core Fund (Starlight). Located at 3701 Quick Hill Rd., the 18-building development was purchased for $50.6-million U.S.