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Latest Alberta & Prairies Office Stories
Aspen Properties and Rohit Group are doubling down on Alberta office real estate, acquiring the 360K-SF District at Beltline in Calgary in their second investment together. The three-building Class A campus at 227 11th Ave. SW spans a full city block between 11th and 12th avenues and combines office space with restaurants, a food hall, …
Ayrshire Group is expanding its downtown Calgary office holdings with the acquisition of a fully leased tower that only a few years ago was facing the departure of its longtime anchor tenant. The Calgary investment firm has acquired 400 4th Ave. S.W., a 33-storey Class A tower spanning 683,667 SF in the downtown financial core. …
Latest B.C. Office Stories
A 112-year-old brick building across from BC Place is getting a new life after the Church of Scientology of British Columbia paid $18M for one of downtown Vancouver’s surviving early commercial properties. The organization acquired 780 Beatty St. from Petrina Enterprises, with Avison Young handling the sale. The four-storey Class B heritage building has been …
More than 44K SF of former Connor, Clark & Lunn Financial Group space has come to market at Vancouver’s FortisBC Centre, after the investment firm moved into one of downtown’s newest office towers. The three full floors CC&L vacated at 1111 W. Georgia St. — floors 21 through 23, totalling 43,830 SF — became available …
Latest National Office Stories
The collapse of International Language Academy of Canada is leaving landlords to assess what happens next to a sizable downtown office footprint in Toronto and Vancouver. The most immediate exposure is at Dream Office. ILAC was the REIT’s second-largest external tenant as of June 30, occupying 132K SF and accounting for 4% of annualized gross …
Lyft has opened its new 90K SF office at First Canadian Place, bringing one of downtown Toronto’s larger net-new technology leases of 2025 into operation. The ride-hailing company officially opened the hub Sept. 16 at 100 King St. W. Avison Young represented Lyft on the lease, which gives the company a significantly larger Toronto base …
Latest Cross Border News Office Stories
H&R has signed a transaction valued at approximately $6.7 billion, including assumed debt, that will divide one of Canada’s largest real estate investment trusts among several major property investors. GO Residential and a purchasing consortium that includes Blackstone, Crestpoint Real Estate Investments, PSP Investments and a company controlled by the family of H&R CEO Tom …
Algonquin Power & Utilities announced it is moving its head office from Oakville to Chicago as the company focuses on its regulated U.S. utility operations. Algonquin’s Canadian office footprint is at 354 Davis Rd. Its move to Chicago raises questions about how much Oakville space it will retain and whether employees will relocate, although the …
Latest Eastern Canada Office Stories
Latest Maritimes Office Stories
Clarke has revamped its own, Ravelin Properties REIT’s, and Holloway Lodging Corporation’s senior executive teams amid a commercial real estate integration. The changes, effective Wednesday, are intended to strengthen operational leadership across Clarke’s residential, hotel and commercial real estate businesses by expanding executive responsibilities and decision-making authority, said the company. The moves come after Clarke …
The Supreme Court of Canada’s decision not to hear an appeal of a New Brunswick Indigenous land claim to private property is reverberating across Canada. Several organizations have welcomed the decision, with the First Nation that sought the appeal being an obvious exception. Government officials and lawyers say the decision could have implications for a …
Latest Ontario Office Stories
One of Toronto’s best-known downtown hotels is looking to expand without building a new tower, with plans to convert existing office space into 250 additional rooms at the Hyatt Regency on King Street West. The proposal would see the 19-storey property at 370 King St. W. absorb its existing commercial office component, increasing the hotel’s …
Robinhood has opened its new 60K-SF Canadian headquarters at 25 York St. in downtown Toronto, completing a major expansion less than three years after establishing its first permanent office in the city. The financial technology company now has more than 200 employees in Toronto, with the new space designed to accommodate nearly 400. “This office …
Latest Quebec Office Stories
Montreal’s premium office market is running out of space, with the city’s last large block of AAA offices leased during the third quarter and trophy vacancy falling to 3% or less. The tightening caps a year of growing demand for Montreal’s best office buildings, according to CBRE’s latest office market report, even as landlords of …
Santé Québec has acquired an 11-storey Gatineau office tower for $66.9M, securing a major piece of the province’s plan for a new university-affiliated hospital in the Outaouais. The property at 70 Rue Crémazie in Gatineau’s Hull sector will be partly converted into an ambulatory-care centre, providing hospital and clinical services for patients who do not …
Latest Western Canada Office Stories
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, …
















