Array People & Companies News for April 26, 2024 Canada + Cross Border News + Finance | April 25, 2024 CRE Legend Podmore Announces Retirement Pacific Canada + Alberta & Prairies + Canada + Apartments | April 25, 2024 Leston Acquires Edmonton House Tower for $51M Alberta & Prairies + Canada + Cross Border News + Ontario + Apartments | April 26, 2024 FEATURED STORY Canada CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. More Canada Stories More Stories Connect CRE & Industry Events Load MoreMore Events Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Alberta & Prairies Stories Leston Acquires Edmonton House Tower for $51M Alberta & Prairies + Canada + Cross Border News + Ontario + Apartments | April 26, 2024 Leston Holdings has acquired the Edmonton House apartment tower for $51 million, the Edmonton Journal reported. Leston announced the deal on its website but did not disclose the purchase price. The Journal did not cite a source when reporting the $51-million figure. Jane Pascal, vice-president of investments for brokerage firm Institutional Property Advisors, announced on … Alignvest Acquires New Waterloo Student Housing Asset Ontario + Alberta & Prairies + Maritimes + Student Housing | April 25, 2024 Alignvest Student Housing REIT has entered into a binding contract to purchase a new purpose-built residential rental property in Waterloo, Ont., for an undisclosed price. The transaction is slated to close in May 2024, Toronto-based Alignvest said in a news release. The 25-storey tower is located near the University of Waterloo. The building’s 340 units … Latest National Stories Leston Acquires Edmonton House Tower for $51M Alberta & Prairies + Canada + Cross Border News + Ontario + Apartments | April 26, 2024 Leston Holdings has acquired the Edmonton House apartment tower for $51 million, the Edmonton Journal reported. Leston announced the deal on its website but did not disclose the purchase price. The Journal did not cite a source when reporting the $51-million figure. Jane Pascal, vice-president of investments for brokerage firm Institutional Property Advisors, announced on … People & Companies News for April 26, 2024 Canada + Cross Border News + Finance | April 25, 2024 Connect TeamJohn HalloranVice President of Creative & MarketingEmily LettieriVice PresidentPaul BubnySenior Content DirectorView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Minority SplitGender SplitLearn More Latest Cross Border News Stories Leston Acquires Edmonton House Tower for $51M Alberta & Prairies + Canada + Cross Border News + Ontario + Apartments | April 26, 2024 Leston Holdings has acquired the Edmonton House apartment tower for $51 million, the Edmonton Journal reported. Leston announced the deal on its website but did not disclose the purchase price. The Journal did not cite a source when reporting the $51-million figure. Jane Pascal, vice-president of investments for brokerage firm Institutional Property Advisors, announced on … Final Offer Launches in Canada Cross Border News + Ontario + Multi-residential Housing | April 25, 2024 U.S.-based Final Offer has launched its online real estate negotiation service in Canada. The service, also known as Final Offer, is intended to make residential real estate transactions more transparent. The service has widespread implications for condominium sales and purchases as well as deals involving single-family homes. Final Offer is now only available in Ontario … Latest Maritimes Stories Alignvest Acquires New Waterloo Student Housing Asset Ontario + Alberta & Prairies + Maritimes + Student Housing | April 25, 2024 Alignvest Student Housing REIT has entered into a binding contract to purchase a new purpose-built residential rental property in Waterloo, Ont., for an undisclosed price. The transaction is slated to close in May 2024, Toronto-based Alignvest said in a news release. The 25-storey tower is located near the University of Waterloo. The building’s 340 units … Halifax Office Conversions Start to Gain Traction Maritimes + Industrial | April 12, 2024 Office conversions are starting to make inroads in Halifax, says a CBRE report. “A trend of flight-to-quality persists as tenants are demanding more from their office spaces, opting for prime, high-quality, and highly amenitized offerings,” says the commercial real estate services company in its quarterly office update. “This bifurcation is proving difficult for older product … Latest Ontario Stories Leston Acquires Edmonton House Tower for $51M Alberta & Prairies + Canada + Cross Border News + Ontario + Apartments | April 26, 2024 Leston Holdings has acquired the Edmonton House apartment tower for $51 million, the Edmonton Journal reported. Leston announced the deal on its website but did not disclose the purchase price. The Journal did not cite a source when reporting the $51-million figure. Jane Pascal, vice-president of investments for brokerage firm Institutional Property Advisors, announced on … Final Offer Launches in Canada Cross Border News + Ontario + Multi-residential Housing | April 25, 2024 U.S.-based Final Offer has launched its online real estate negotiation service in Canada. The service, also known as Final Offer, is intended to make residential real estate transactions more transparent. The service has widespread implications for condominium sales and purchases as well as deals involving single-family homes. Final Offer is now only available in Ontario … Latest Pacific Canada Stories CRE Legend Podmore Announces Retirement Pacific Canada + Alberta & Prairies + Canada + Apartments | April 25, 2024 Canadian commercial real estate icon David Podmore is calling it a career. Podmore has announced his retirement, effective June 30, from his post as Chair of Vancouver-based Concert Properties. Podmore’s retirement will coincide with his 75th birthday and the 35th anniversary of the multi-pronged real estate investment, management and development company that he and the … Grant Thornton Leases 30,000 SF in Vancouver Centre II Pacific Canada + Office | April 25, 2024 Grant Thornton has leased 30,000 square feet of space in the Vancouver Centre II office tower. The leading Canadian accounting firm will occupy the year-old downtown LEED Platinum building’s 19th and 20th floors. “We’re creating a modern and functional space that will meet the needs of our growing team now and into the future,” said … Latest Quebec Stories BMTC Group Acquires Rona DC for $96M Canada + Alberta & Prairies + Cross Border News + Quebec + Industrial | April 24, 2024 BMTC Group has acquired a Rona distribution centre in the Montreal area for $96 million under a sale-leaseback. Montreal East-based BMTC announced that it has completed the acquisition of the facility located in Terrebonne, Que. BMTC paid for the property in full with cash from investments. Terms of the lease back to Rona were not … Demand for Newer Office Space to Remain Strong: Altus Canada + Ontario + Pacific Canada + Quebec + Office | April 24, 2024 Demand for newer office space will remain strong across Canada, says a new Altus Group report. But office investors and developers have adopted a pens-down approach to new development agreements due to Canada’s economic slowdown and rising uncertainty, adds the Toronto-based commercial real estate intelligence firm. Landlords and businesses have responded to the increasing hybrid …
