305,000-SF Office Building in Atlanta Comes to Market
June 28, 2022
34,901-SF Retail Building in Miami Trades for $18.5Mln
June 28, 2022
City: Canada
Canada Pension Plan Pays $852Mln for Stake in Office Portfolio
The Canada Pension Plan Investment Board has paid $852 million for a 50 percent stake in an 11-property office portfolio.The interest was acquired from Oxford Properties Ltd., a subsidiary of the Ontario Municipal Employment Retirement Board.CB Richard Ellis advised the ...
O&Y Properties, REIT Seek Portfolio Offers
February 15, 2005 O&Y Properties will join with O&Y Real Estate Investment Trust to seek proposals for acquiring their combined portfolios. RBC Capital Markets will represent them in soliciting proposals. The transaction should be completed in the third quarter of ...
O&Y REIT to Buy New Toronto Office Tower for C$130Mln
December 17, 2004 O&Y REIT is exercising its option to buy the new Maritime Life Tower in downtown Toronto for C$130 million (US$106 million).The Toronto-based REIT is acquiring the class-A tower from O&Y Properties Corp., which will continue to have ...
ProLogis Enters Canada
November 22, 2004 ProLogis (NYSE: PLD), an owner of international distribution facilities and services, has acquired 134 acres of land in Mississauga Gateway Centre, outside Toronto. The initial development phase will include seven distribution facilities totaling 1.75 million square feet. ...
U.S. Seniors’ Home Firm Plans Canadian REIT
November 18, 2004 The Globe and MailVirginia-based Sunrise Senior Living Inc. is tapping the Canadian trust market in an unusual arrangement. It plans to sell all eight of its Canadian sites and 15 in the United States to a newly ...
CalEast Buys Toronto-area Land for Industrial Development
September 28, 2004 CalEast Industrial Investors LLC has bought a 47-acre site in Brampton, Ontario, a Toronto suburb. CalEast will partner with Panattoni Development Co. to build two industrial buildings totaling 1.1 million square feet of bulk warehouse and distribution ...
Sutter Hill Buys Downtown Toronto Property
September 16, 2004 The Globe and MailSutter Hill Development Corp. has bought a 12-story office building in downtown Toronto, Ontario, from Royal & SunAlliance Canada Group for C$15 million. The acquisition is Sutter Hill's first in downtown. The 110,000-square-foot office ...
Fairmont Hotels Buys Control of Management Affiliate
September 2, 2004 Fairmont Hotels & Resorts Inc. (NYSE:FHR) has taken full control of its management company. The Toronto, Ontario, hotel company paid about $70 million to acquire the minority interest that Maritz, Wolff & Co. held in the Fairmont ...
REIT Looks to be Office Fixer-upper of Downtown Toronto
September 2, 2004 The Globe and MailAllied Properties Real Estate Investment Trust is looking to buy and convert some of the 11 million square feet of older industrial and office space immediately to the east and west of downtown Toronto, ...
Opus Opens Operations in Toronto
June 23, 2004 Opus Group, a Minneapolis developer, has formed a Canadian affiliate, O.R.E. Development Corp., to develop industrial properties in the Toronto area.The affiliate, which is based in Toronto, will be run by Mike Hanna, a chartered accountant.O.R.E. Development ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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