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Category: Commercial

Cap rates still trend up, transaction activity stays slow: CBRE

Steve McLean Commercial Buying and Selling National May. 3 2023

While overall transaction activity remains relatively slow, private buyers continued to be more active than institutional investors in the first quarter, according to CBRE’s new Canadian Cap Rates & Investment Insights report.

Canadian Tire, rooms + space lease 1M sq. ft. of vacant retail

Don Wilcox Commercial Retail National May. 3 2023

Two well-known Canadian retailers will be stepping into a million-square-foot hole left by the demise of the Bed Bath & Beyond stores in Canada. New chain rooms + space, as well as Canadian Tire will move into 31 vacant stores.

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