Cameron Developments the ‘100-year-hold’ company

Cameron Developments the ‘100-year-hold’ company

South Edmonton Common, the project that put Edmonton’s Cameron Developments on the map, opened the doors of its first retail big box 20 years ago. The retailer was Home Depot. Since then, Cameron has built out the 320-acre power centre with 2.3 million square feet of retail development. Today, Cameron has 14 developments under way.

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L Catterton joins Carbonleo’s $1.7B Montreal Royalmount project

International private equity investor L Catterton Real Estate is buying into Royalmount, a $1.7-billion mixed-use business and entertainment district by Carbonleo on the Island of Montreal. LCRE is the real estate investment and development arm of L Catterton, the largest global-focused private equity firm in the world.

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Vancouver becomes Canadian HQ as Calabrio grows

Calabrio, a Minneapolis-based customer engagement and analytics software company, has become one of the latest examples of the Vancouver tech sector’s hunger for more talent and workspace. The company opened a new Canadian headquarters in the financial district, expanding its floor space, staff and moving into the Bentall Centre complex.

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PC Urban builds industrial strata in Burnaby Brentwood

PC Urban will take its successful industrial strata concept into a fourth Metro Vancouver neighbourhood, announcing Monday it will build a 100,000-plus square foot development in Burnaby. IntraUrban Brentwood will redevelop an aging 50,000 square foot industrial / office building into small bay, light industrial strata in the Still Creek industrial area.

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Real estate sidelined by e-commerce won’t stay dormant

Change is inevitable, in real estate as it is with any other segment of the economy. Some of those affected will suffer, others will innovate and come out on top. That’s the way it’s been since one of our hairy ancestors first realized a sharp stone tied to a stick made a better tool than a stick alone.

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HOOPP sustainability leaders honoured at LEAP awards

The Healthcare of Ontario Pension Plan (HOOPP) celebrated its sustainability achievements and honoured the leadership of its management and tenants in fine style at the Royal Canadian Yacht Club (RCYC) on Toronto Island. From the 136-year old RCYC, there is a dramatic view of downtown Toronto including two of HOOPP’s prize office assets.

Sustainable Biz Canada

Six months ago: Timbercreek buys 6 Calgary apartment buildings

Toronto-based Timbercreek Asset Management is eyeing the Alberta apartment rental market and is using the acquisition of six Calgary buildings as a launchpad to future Western growth in its portfolio. Timbercreek recently purchased a six-building, multi-family portfolio for $142.48 million from Har-Par Investments, consisting of 685 suites at about $208,000 per suite, according to Bradley Gingerich, senior vice-president of CBRE’s National Apartment Group based in Edmonton.

Property Biz Canada

One year ago: Florida developer plans B.C. interior’s tallest towers

Kelowna’s residents, government and stakeholders are scrutinizing a two-tower project that, if approved, would be the tallest buildings between Metro Vancouver and Calgary. One Water Street, is being co-developed by Florida-based North American Development Group (NADG) and Kerkhoff Construction of Chilliwack, B.C.

Property Biz Canada

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