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2026 Canadian Transactions of the Year
Eastern Canada
- EBlock’s Scott, Chatfield Honoured for Launching Physical, Online Vehicle Auction Centre in Halifax
- Both Forum REIIF, Alignvest Gain From ASH REIT Deal
- Colliers Teams Collaborate with Nokia and Governments on Mixed-Use, 11-Acre Campus
- KingSett Capitalizes on RTO Movement Early with Downtown Montreal Office Acquistion
- Mei Leads Hub City Team to Lease Up Chronically Vacant Duplex
- Boardwalk Excels Beyond its Comfort Zone with Three-Tower Apartment Complex Acquisition in Laval
- Teachers’ Seniors Home Portfolio Investment Pays Off with Sale to Welltower
- Colliers’ Amero and Roquet Large Laval New-Build Industrial Lease Stands Out
- Urbacon Achieves a Series of Firsts with $320M Data Centre ABS Refinancing Deal
- Primaris Uses Creativity to Complete $565M Acquisition of Promenades St-Bruno Mall
- Avison Young’s Clancy Closes Sale of Mississauga Industrial Asset in Under 100 Days
- Alta Canada’s Geller Steps Up to Buy Former Miséricorde Hospital in Downtown Montreal
Mei Leads Hub City Team to Lease Up Chronically Vacant Duplex
Martin Mei, with Hub City Property Management in Moncton, successfully leased two units of a chronically vacant duplex at 150 High St./422 St. George St. in the downtown area.
The property’s challenges included proximity to a well-known homeless shelter and community kitchen. The property experienced frequent break-ins, causing frustration and financial strain for the owner because the units remained perpetually empty.
The owner approached Hub City Property Management, and upon assessment, the asset was repositioned as a viable community asset. One unit was used for the homeless shelter’s reintegration program, while the other was leased at market-rate rent to a newcomer family from Algeria.
The deal transformed a chronically vacant and vulnerable property into stable housing that benefits both the owner and the surrounding community.
These are some of the reasons why Martin Mei was honoured with Connect Canada’s Transactions of the Year Award for his work on the downtown Moncton vacant duplex. The award highlights deals and closings impacting Canada’s commercial real estate sector.