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Scarborough Town Centre hits sales milestone

Scarborough Town Centre (STC) recently hit the $700 in sales per-square-foot mark, positioning the mall as a top retail performer in the GTA.

REMI Network

Retail and industrial assets top Q1 sales: report

GTA Commercial Real Estate Investment Review Q1 report states, office, retail, industrial and multi-residential property sales dipped 27 per cent.

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

Seven new retailers join Toronto’s Canary District

Seven new retailers are set to inhabit The Canary District in Toronto, a community built for CIBC Athletes Village at the 2015 Pan Am/Parapan Games.

Canadian Property Management

BIAs drive ethnic retail neighbourhoods

In the past year, the City of Toronto has welcomed about 2,500 new retail and service establishments of all sizes, more than twice the amount

REMI Network

Europe’s tallest skyscraper to rise in Switzerland

A small alpine village in Vals, Switzerland, may soon be home to Europe’s tallest skyscraper. California-based Morphosis Architects has released designs of a slim 1,250-foot-tall

REMI Network

Strategic Group acquires B.C.’s Duncan Centre

Strategic Group has acquired a 27.9-acre retail-focused property on Vancouver Island, 50 kilometres north of Victoria, British Columbia. The Duncan area purchase includes Duncan Centre,

REMI Network

Plaza Retail REIT announces nine projects

Plaza Retail REIT is investing about $18.2 million in nine retail projects across Canada including four ground-up developments, three redevelopments of former KEYreit properties and

REMI Network

Allied Properties buys downtown T.O. building

Allied Properties has purchased an old paper box manufacturing facility in downtown Toronto for $8.25 million, with plans for redevelopment. The 36,173-square-foot property, with two

CondoBusiness

Plans for Canada’s second tallest tower unveiled

In partnership with Mizrahi Developments, London-based Foster + Partners recently unveiled their design plans for "The One," a development which, if approved by City Council, will feature Canada's second tallest tower next to the CN Tower. Following a successful approval process, the 80-storey mixed-use development will be constructed at 1 Bloor St. W, the site of Toronto’s historic Stollerys retail shop.

REMI Network

ReDev Properties sells Leduc Town Square

Leduc Town Square, a commercial shopping centre located in a prime area along the Queen Elizabeth II Highway into Edmonton has been sold. ReDev Properties,

REMI Network

Retrocom plans Golden Mile mall redevelopment

Retrocom Real Estate Investment Trust is planning a $30 million redevelopment of the Golden Mile Shopping Centre in Regina, Saskatchewan, along with the addition of

Canadian Property Management

A Retailer’s Nightmare

In April 2014, heavy rains, melting snow and ice jams in Atlantic Canada forced river waters to rise, submerging roads, filling basements and prompting hundreds to be evacuated from their homes and businesses. One large local retailer with 50,000 square feet of floor space, was left to cope with a foot of water.

REMI Network

RioCan, Simon Property venture with HBC

RioCan is forming a joint venture with Hudson’s Bay Company (HBC), with the plan to scope out new real estate and redevelopment opportunities and improve

REMI Network

Bay Centre sale could be B.C.’s top deal of 2015

The Bay Centre shopping mall in downtown Victoria, British Columbia, has been sold, marking what could be one of the largest commercial real estate transactions

REMI Network

Survey reveals in-store mobile shopping habits

As traditional retailers look for ways to adapt to e-commerce competition, new research suggests shoppers are bringing online competition inside brick-and-motar stores. Market and consumer

CondoBusiness

North York retail store adds townhouses to site

Developers of a mixed-use project, featuring a 42,000-square-foot Mountain Equipment Co-op (MEC) store, at 784 Sheppard Ave. in Toronto, Ont. have received approval from the Ontario Municipal Board (OMB) to add a 50-unit stacked townhouse complex to the site and construction is now underway.