Canada

AutoCanada Inc. has completed the sale of Toyota of Lincolnwood in Lincolnwood, Ill., for approximately $40.1 million in cash, excluding inventory and net working capital. Buyers details were not disclosed. The dealership was part of AutoCanada’s U.S. operations, which were classified as discontinued operations at the end of 2024. AutoCanada said the business generated a …

Tire distributor Groupe Touchette has completed the expansion of its distribution centre at a Winnipeg-area trimodal inland port. The opening almost doubles Touchette’s footprint at the 20,000-acre CentrePort site and comes after the company acquired a 6.6-acre land parcel. Touchette previously operated within a 100,000-sf facility, opened in 2020, at the port. The company will …

Canada Goose has officially opened its newest retail location at Oakridge Park in Vancouver. The location became the first Canadian store to showcase the brand’s new global retail design concept. Developed in partnership with architecture firm Snohetta, the concept represents a shift from traditional retail toward a more immersive customer experience, said Canada Goose. The …

The federal and British Columbia governments have announced a new partnership that will invest up to $3.2 billion over 10 years to reduce development-cost charges for multi-unit housing projects by as much as 50% and expand housing-enabling infrastructure across the province. The funding includes nearly $1.6 billion from Ottawa through the Build Communities Strong Fund, …

First Capital REIT unitholders have approved the previously announced plan of arrangement that will see the retail-focused investment organization acquired through a transaction to Kingsett Capital and Choice Properties REIT. Plans call for Kingsett to purchase its stake through subsidiary KingSett Real Estate Growth LP No. 8. First Capital said it intends to seek a …

Tire distributor Groupe Touchette has completed the expansion of its distribution centre at a Winnipeg-area trimodal inland port. The opening almost doubles Touchette’s footprint at the 20,000-acre CentrePort site and comes after the company acquired a 6.6-acre land parcel. Touchette previously operated within a 100,000-sf facility, opened in 2020, at the port. The company will …

Canada Goose has officially opened its newest retail location at Oakridge Park in Vancouver. The location became the first Canadian store to showcase the brand’s new global retail design concept. Developed in partnership with architecture firm Snohetta, the concept represents a shift from traditional retail toward a more immersive customer experience, said Canada Goose. The …

AutoCanada Inc. has completed the sale of Toyota of Lincolnwood in Lincolnwood, Ill., for approximately $40.1 million in cash, excluding inventory and net working capital. Buyers details were not disclosed. The dealership was part of AutoCanada’s U.S. operations, which were classified as discontinued operations at the end of 2024. AutoCanada said the business generated a …

Americold Realty Trust has opened its new cold-storage import-export hub in Saint John, N.B. The project at Port St. John was previously valued between $75 million and $80 million and marks Atlanta-based Americold’s expansion into Canada. Americold is leverage existing partnerships with logistics giant DP World, which operates the port, and Calgary-based railway operator Canadian …

Leon’s Furniture Limited has agreed to acquire the remaining 50% interest in its Edmonton distribution centre, which also serves as The Brick’s corporate headquarters, giving the company full ownership of the facility. Under the agreement, Leon’s will purchase the outstanding interest in the property from North 170 DC LTD, a subsidiary of Qualico Properties, for …

Arista and Paradise Commercial have acquired Thornhill Square Shopping Centre, a 170,000-square-foot mixed-use retail property in Thornhill, Ont. Financial details were not disclosed. The shopping centre, located at 288, 298 and 300 John St., is anchored by Food Basics and Shoppers Drug Mart, and also includes tenants such as CIBC and Santorini Estiatorio. Arista and …

Spanish billionaire Amencio Ortega has acquired a 379,000-square-foot distribution facility in Oshawa, Ont., from Brocollini for $187 million, according to a published report. Ortega purchased the facility through his investment firm Pontegadea Inversiones, Toni Wodzicki, Brocollini’s vice-president of acquisitions and investments, confirmed in the report which stated that the transaction was an off-market deal. Lactalis …

A new 134-unit affordable housing development for low- and moderate-income families has officially opened in Gatineau, Que. The project was backed by more than $50 million in funding from federal, provincial, municipal and private-sector partners. The Habiter chez soi project, led by Logir Outaouais and managed by the Office d’habitation de l’Outaouais, offers one-, two- …

Tire distributor Groupe Touchette has completed the expansion of its distribution centre at a Winnipeg-area trimodal inland port. The opening almost doubles Touchette’s footprint at the 20,000-acre CentrePort site and comes after the company acquired a 6.6-acre land parcel. Touchette previously operated within a 100,000-sf facility, opened in 2020, at the port. The company will …

Wesbild has halted a planned six-tower, 2,000-unit multi-residential development in Port Coquitlama, B.C. The master-planned project, known as PoCoPlace, was slated for the corner of Lougheed Highway and Westwood Street and would have included significant retail space and amenities. Phase 1 had been slated to include a 37-storey rental tower and a 35-storey condominium tower, …