Industrial

CRE construction activity tops 5-year U.S. average

Construction Business

CRE construction activity tops 5-year U.S average

Combined spending on office, industrial and retail construction projects dropped below 2022 levels in the U.S. last year, but still surpassed the five-year average for the period since 2019.
Investment shopping list considered for 2024

Canadian Property Management

Investment shopping list considered for 2024

As more vendors and purchasers are expected to come to the market this year, Avison Young's sentiment data shows retail, multifamily and industrial assets are sought, while office is tapped for divestment.
Investment returns show slipping values in 2023

Canadian Property Management

Investment returns show slipping values in 2023

Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
Vancouver boasts all-asset lowest vacancy rates

Canadian Property Management

Vancouver boasts all round lowest vacancy rates

Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Industrial supply influx loosens Q4 market

Canadian Property Management

Industrial supply influx loosens Q4 market

Last year brought 9.5 million square feet of positive absorption alongside the delivery of 34.4 million square feet of newly constructed industrial space across 13 Canadian markets.
SIOR central Canada names top brokers for 2023

Canadian Property Management

SIOR central Canada names top brokers for 2023

SIOR, the Society of Industrial and Office Realtors, central Canada chapter has named brokers of the year for 2023, conveying honours in four categories.
Disputed port industry under fire in Saint John

Canadian Facility Management & Design

Disputed port industry draws fire in Saint John

The New Brunswick government and Port of Saint John are jointly investigating a fire in the metal recycler's industrial yard and its compliance with the terms and conditions of its lease.
Slate unveils plan for 800-acre redevelopment site

Canadian Property Management

Slate unveils plan for 800-acre redevelopment

Slate Asset Management envisions a major business and intermodal transportation hub with up to 12 million square feet of employment space on the Hamilton harbourfront lands.
labour council

Canadian Property Management

Canada-U.S. industrial markets diverge in Q1

Toronto and Vancouver posted the tightest industrial markets among major urban centres in Canada and the United States in the first quarter of 2023.
Waste biomass generation tapped for tax credit

Canadian Property Management

CRE awaits spinoffs of new provincial spending

Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
Calgary enjoys rising industrial market in 2022

Canadian Property Management

Calgary enjoys rising industrial market in 2022

In a field of all round upbeat results, Calgary stands out as Canada’s rising industrial market of 2022, posting 11.6 million square feet of positive absorption.
rental

Construction Business

Major Abbotsford business park starts construction

Construction of a large industrial park project on Mt. Lehman Road in Abbotsford has begun. Completion is expected in 2024.
Robust yields ongoing for industrial landlords

Canadian Property Management

Robust yields ongoing for industrial landlords

Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Conestoga Mall to pad Primaris REIT portfolio

Canadian Property Management

REIT acquires four Alberta business parks

The $309-million deal is the largest yet for Skyline Industrial REIT, securing it 16 buildings and nearly 130 acres of land in Calgary and Edmonton.
clean

Canadian Property Management

CRE measures up as Canadian economic driver

A new report estimates commercial real estate made a $148.4 billion total contribution to Canada’s GDP last year, when factoring its direct, indirect and induced impacts.
Atlantic Canada markets reflect national trends

Canadian Property Management

Atlantic Canada markets reflect national trends

Atlantic Canada markets were in sync with nationwide trends during the first half of 2022 with a tightening supply of warehouse space and loosening office vacancies.
Cap rates open up in Q2

Canadian Property Management

Cap rates open up in Q2

Cap rates opened up and investment activity slowed across every Canadian property sector during the second quarter of 2022.