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Category: Commercial

Summit Industrial will ramp up development program

Don Wilcox Commercial Market Trends National Nov. 13 2020

Paul Dykeman says the cost to acquire industrial assets in Summit Industrial Income REIT’s target markets, combined with unceasing demand, is causing the trust to “shift gears” and ramp up its development program. Dykeman, Summit’s president and CEO, was speaking

Canada’s office market takes biggest hit in a decade: JLL

Steve McLean Commercial Market Reports National Nov. 12 2020

The office market in Canada’s major cities experienced its largest negative quarterly net absorption in more than a decade during Q3 2020, according to JLL, totalling nearly 2.7 million square feet of occupancy losses. The national vacancy rate rose by

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