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High-density Vaughan redevelopment property for sale

1 year ago

High-density Vaughan redevelopment property for sale

A 5.57-acre redevelopment site at 180 Steeles Ave. W. in Vaughan, Ont., recently put on the market by Mizrahi Developments and Constantine Enterprises Inc., is attracting plenty of interest.

CB, CanFirst launch 900,000-sq.-ft. Ottawa Gateway ind. park

Colonnade BridgePort and CanFirst Capital Management are wasting no time getting their newly acquired Gateway Industrial Park up and running in Ottawa. The partners announced this morning they're pre-leasing up to 900,000 square feet at the 50-acre site.

Amazon layoffs could add to empty Van. sublease space

Plans to trim 9,000 employees at Amazon.com Inc. (AMZN-Q), one of B.C.'s larger employers, raise the spectre Vancouver's 30-year-high amount of vacant sublease space will continue to balloon. Amazon has about 10,000 employees in B.C.

Foot Locker plans to shutter 400 North American stores

American sportswear and footwear retailer Foot Locker will shutter roughly 400 mall stores across North America within the next three years. Foot Locker currently operates about 2,700 stores around the world, including 87 outlets in Canada

Hotel sector shaking off COVID-19: Colliers

The Canadian hotel sector marked a recovery from previous pandemic lows last year, with national average revenue per available room (RevPAR) of $111.06, representing a 3.5 per cent increase over 2019 levels, Colliers’ newly released market summary notes.

How to maximize storage in limited industrial space

In this article we discuss how industrial businesses can update and optimize their existing storage systems to combat rising industrial real estate costs and unavailability of new space.

Sponsored by: North American Steel

Fed study could delay some of Ontario’s Greenbelt plans

The federal government is launching an environmental study of Rouge National Urban Park to better understand the impacts of housing developments planned by the Ontario government in the surrounding Greenbelt. 

Creating a 15-minute community in suburbia

The redevelopment of Toronto's Lansing Square coincides with an international discussion about creating what are known as 15-minute communities, says Scott Pickles, Avison Young’s principal and senior vice-president for consulting services in Canada.

It’s the end of the Bay as we know it

ANALYSIS: Retail consultant George Minakakis says the connection Canadians once had to HBC has been eroding for years and may have been severed by the pandemic. He holds out little hope reviving Zellers will do much to reverse its fortunes.

Earls opening flagship location at Yorkdale Shopping Centre

Earls Restaurant Group is opening a new Toronto flagship location at Yorkdale Shopping Centre in the north end of the city. The new location is set to open April 21 and will mark the group's 69th North American installment.

Top 10 hotel/motel and shopping centre projects

The accompanying table shows the top 10 major upcoming hotel/motel and shopping centre construction projects in Canada. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.

Microsoft backs away from 1.1M.-sq.-ft. Seattle expansion

In a move consistent with other recent retrenchments by the tech industry, Microsoft Corp. has withdrawn plans to expand its RedWest North campus in Redmond, Wash. Microsoft had planned to develop four buildings totalling over 1.1 million square feet.

DTGO eyeing Singapore REIT IPO for $839M U.K. assets

Bangkok, Thailand-based conglomerate DTGO Corp. is weighing listing its U.K. hospitality assets via a REIT in Singapore as soon as next year, according to sources. The hospitality assets involved could be worth about $839 million Cdn.

National Hospitality Services, Hotel Equities join forces

Hospitality owner, operator and development company Hotel Equities and management group National Hospitality Services have formed a strategic alliance that will integrate NHS’ portfolio of 38 hotels into HE’s management platform.

Chinese REITS should not be underestimated

Although a complicated ownership structure prevents China’s REITS from owning the underlying assets directly – one of the shortcomings of the regime – the trusts provide investors with quality infrastructure assets that generate stable income streams.

Housing market 'main casualty' of looming credit squeeze

Following the collapse of the Silicon Valley Bank, credit conditions are set to tighten. “If a negative global shock forced lenders to change strategy, it would greatly increase the risk of forced home sales,” says Capital Economics' Stephen Brown.

Quebec to introduce legislation on illegal short-term rentals

The government of Quebec plans to introduce new legislation cracking down on illegal short-term rentals after a massive fire last week in a Montreal building containing Airbnb units left one dead and at least six missing.

Ottawa approves development despite parking concerns

Ottawa's planning committee has approved a housing development after it was delayed due to concerns about the number of parking spaces. The Queenswood Project will include 81 residential units, but it only has 76 parking spaces.

Mixed results in Calgary-area housing markets

Sales are still falling, yet prices look to be stabilizing in Calgary’s surrounding communities, painting a rather muddy picture of resale real estate conditions in communities like Airdrie and Cochrane heading into spring, says the Calgary Real Estate Board.

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