Industrial
Canadian Property Management
New supply pads office and industrial inventory
More than 5.7 million square feet of office space and nearly 21 million square feet of industrial space have been newly delivered to the national market during the the first three quarters of 2024.
REMI Network
Low-carbon industrial centre nears completion in Halifax
The Bayers Lake Industrial Centre is targeting the CAGBC's Zero Carbon Building Design Standard.
Construction Business
CRE construction activity tops 5-year U.S average
Combined spending on office, industrial and retail construction projects dropped below 2022 levels in the U.S. last year, but still surpassed the five-year average for the period since 2019.
Canadian Property Management
Investment shopping list considered for 2024
As more vendors and purchasers are expected to come to the market this year, Avison Young's sentiment data shows retail, multifamily and industrial assets are sought, while office is tapped for divestment.
Canadian Property Management
Investment returns show slipping values in 2023
Canadian investment returns for 2023 show retail improvement, industrial deceleration and continuing office value decline, as capital loss balances out income growth for a flat total return.
Canadian Property Management
Vancouver boasts all round lowest vacancy rates
Vancouver enjoys North America’s strongest demand across all asset types, ending 2023 with the lowest vacancy rates for industrial, office, multifamily and retail properties among 63 major urban markets.
Canadian Property Management
Industrial supply influx loosens Q4 market
Last year brought 9.5 million square feet of positive absorption alongside the delivery of 34.4 million square feet of newly constructed industrial space across 13 Canadian markets.
Canadian Property Management
SIOR central Canada names top brokers for 2023
SIOR, the Society of Industrial and Office Realtors, central Canada chapter has named brokers of the year for 2023, conveying honours in four categories.
Canadian Facility Management & Design
Disputed port industry draws fire in Saint John
The New Brunswick government and Port of Saint John are jointly investigating a fire in the metal recycler's industrial yard and its compliance with the terms and conditions of its lease.
Canadian Property Management
Slate unveils plan for 800-acre redevelopment
Slate Asset Management envisions a major business and intermodal transportation hub with up to 12 million square feet of employment space on the Hamilton harbourfront lands.
Canadian Property Management
Canada-U.S. industrial markets diverge in Q1
Toronto and Vancouver posted the tightest industrial markets among major urban centres in Canada and the United States in the first quarter of 2023.
Canadian Property Management
CRE awaits spinoffs of new provincial spending
Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
Canadian Property Management
Calgary enjoys rising industrial market in 2022
In a field of all round upbeat results, Calgary stands out as Canada’s rising industrial market of 2022, posting 11.6 million square feet of positive absorption.
Construction Business
Major Abbotsford business park starts construction
Construction of a large industrial park project on Mt. Lehman Road in Abbotsford has begun. Completion is expected in 2024.
Canadian Property Management
Robust yields ongoing for industrial landlords
Market analysts and asset managers express confidence that the industrial sector will be buoyant into the future despite current global economic uncertainty.
Canadian Property Management
REIT acquires four Alberta business parks
The $309-million deal is the largest yet for Skyline Industrial REIT, securing it 16 buildings and nearly 130 acres of land in Calgary and Edmonton.
Canadian Property Management
CRE measures up as Canadian economic driver
A new report estimates commercial real estate made a $148.4 billion total contribution to Canada’s GDP last year, when factoring its direct, indirect and induced impacts.
