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Category: Commercial

Summit buys 765K Montreal-area industrial site with excess land

Don Wilcox Commercial Transactions Greater Montreal Mar. 15 2021

Summit Industrial Income REIT (SMU.UN-T) will pay $183.3 million to acquire a modern 765,145-square-foot logistics and office complex on a 35-acre property in Saint-Laurent, Que., a suburb of Greater Montreal. “This highly accretive acquisition, occupied by institutional-grade tenants under long-term

Three important lease renewal tips for commercial tenants

Kelly Macsymic Commercial Brokers National Mar. 12 2021

Renewals in commercial leasing can be almost as important as securing a lease in the first place. There is quite a bit of finesse to this process. First piece of advice: don’t leave it up to your landlord or property

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