Alberta & Prairies

Simpson Court Win Clears Way for Possible Parkland Sale
Parkland Corporation could be put up for sale after its largest shareholder, Simpson Oil, secured a...Read more
L’OCA Opens New Grocery Store in Edmonton’s Parkview Area
L'OCA Quality Foods has opened a new supermarket in Edmonton's Parkview area in the city's northwes...Read more
Demolition Begins at Calgary’s Former Eau Claire Market
Demolition work has begun at Calgary's former Eau Claire Market as the property's future remains un...Read more
Calgary Industrial Construction Sinks, Vacancy Decreases
The Calgary industrial real estate market saw a significant decline in construction activity in the...Read more
CWB Branches to be Rebranded as National Bank
Canadian Western Bank branches will be rebranded as National Bank, marking a major step in the Mont...Read more
Primaris Closes on $585M in Enclosed Mall Acquisitions
Primaris REIT has closed on $585 million worth of enclosed-mall acquisitions in the Greater Toronto...Read more
National Bank Completes $5B Purchase of CWB
National Bank has closed on its acquisition of Edmonton-based Canadian Western Bank for about $5 bi...Read more
Edmonton Apartment Vacancy Increases; New-Lease Rents Spike
Edmonton’s apartment vacancy rate rose to 3.1% in 2024, driven by growing supply and slower lease...Read more
Alberta-based Peavey Mart Chain to Close All Stores
All Peavey Mart farm-goods stores will close as the chain's parent company proceeds through a court...Read more
Former Edmonton Army & Navy Store’s Future Becomes More Clear
The future of a former Army & Navy discount department store in Edmonton's Old Strathcona distr...Read more
CCA ‘Cautiously Optimistic’ After Green Line Approval
The Calgary Construction Association expressed support Wednesday for city council's approval of the...Read more
CRE, Business Groups Call Proposed Downtown Elevated Green Line Section ‘Reckless’
Calgary commercial real estate and business advocacy groups are seeking to block the province's req...Read more
Calgary MF Vacancy Rises for First Time in Three Years: CMHC
Calgary multi-family rental-housing vacancy rose in 2024 after three consecutive years of decline, ...Read more
New Sabzi Mandi Supermarket Opens in Winnipeg
The Sabzi Mandi Supermarket chain officially opened its first store in Winnipeg on Friday. The n...Read more
Artis Sells Arizona Warehouse Complex for US $99.6M: Report
Artis REIT has sold a three-building industrial complex in Gilbert, Ariz., for US$99.6 million, acc...Read more
Calgary Office Vacancy Drops to Lowest Point Since 2016: Avison Young
Calgary's office vacancy rate has reached its lowest level since 2016, according to a new Avison Yo...Read more
Edmonton’s Historic Old Citadel Property on Market
Edmonton’s historic Old Citadel building has been put up for sale by its owners as they attempt t...Read more
Toronto’s Rent Growth Lags Behind Other Major Markets: CMHC
A record number of condominium completions in Toronto contributed to the market's rent-growth slowd...Read more
Primaris to Acquire, Divest $724M Worth of Retail Assets
Primaris REIT has agreed to buy and sell $724 million worth of retail assets, including interests i...Read more