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Edmonton

First Capital to sell Montreal development block, interest in 6 retail sites

RENX Staff Commercial Transactions Ontario Dec. 18 2020

First Capital REIT has agreements to sell a 50 per cent, non-managing interest in six grocery-anchored retail properties, as well as a portion of developable land at Place Panama on Montreal’s South Shore. The trust says the two transactions have

Distribution fuels growth, challenges in Alberta industrial sector

Mario Toneguzzi Commercial Market Trends Edmonton Nov. 2 2020

Despite economic challenges brought on by the COVID-19 pandemic, the Calgary-area industrial real estate market has held firm and is expected to remain a strong performer. The overall vacancy rate has held fairly steady around the six per cent range,

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