Battle of Alberta? Edmonton holds all the CRE cards

Battle of Alberta? Edmonton holds all the CRE cards

When it comes to this Battle of Alberta, Edmonton might hold all the right cards. And this “battle” is in a forum much more important than one for athletes: it’s about jobs, economic recovery and growth. Compared to Calgary head-to-head, Edmonton has a more diverse economy, downtown rejuvenation, a growing health tech cluster and throngs grads streaming from its colleges and universities.

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Gov’t, tech on ‘collision course’ for Ottawa office space

Ottawa’s downtown office market has made a strong comeback from years of leasing reductions by the federal government. It’s a rally that could soon put the city’s rapidly expanding tech sector on a “collision course” with the feds for prime office space, says CBRE’s Shawn Hamilton.

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Liberating Toronto’s employment lands for housing, jobs

Ken Greenberg has what he calls a “breakthrough idea” to address the needs for affordable housing and jobs and to leverage the massive public investment in GTA transit infrastructure. “It is something I call subtractive urbanism, applying a sunset provision to a regulatory framework which is no longer serving its purpose” he explained.

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Phase two of Surrey Health and Technology District opens

When Safe Software launched in 1993, the company’s first cramped office in Surrey B.C.’s Newton neighbourhood had no windows. The firm’s second office, while a step up from its original digs, often smelled like the nearby fibreglass factory, joked Don Murray, co-founder of the enterprise systems and data automation program maker.

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Spaces opens first of five planned Montreal locations

Creative workspace company Spaces has big plans for Montreal, beginning with the May 22 opening of its 30,000-square-foot location in Mile End. “The Mile End area has been growing exponentially over the past five years,” said Spaces executive vice-president Wayne Berger.

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H&M swings open its doors in Regina

Over a year ago, it was announced Regina’s downtown Cornwall Centre was getting an H&M store. The store opened this past weekend to a lineup of folks hoping to cash in on doorcrasher coupons valued at between $10 and $300. So why did it take so long to finally open the doors?

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Six months ago: Vancouver CRE investment rockets toward record

The Vancouver region is on the verge of setting a record for overall commercial real estate sales in 2017, according to the latest figures provided by Altus Group. In its Q3 transaction stats, Altus Group showed a third-quarter total of $3.2 billion across 645 investment property sale deals worth more than $1-million.

Property Biz Canada

One year ago: Developers offer insights into GTA condo trends

Larger units and more buildings in public transit-accessible suburban locations are two of the trends to look for in the Greater Toronto Area condo market. “The Toronto market is very robust and very challenging,” Canderel executive vice-president Ben Rogowski said.

Property Biz Canada

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