(…and we have many clients looking to buy big Kitchener Waterloo apartment buildings – contact us today if you have one!) Two Waterloo Region Apartment Buildings Sell For $45+ million… …$46,710,000 to be exact Killam Properties has announced the purchase of 225 recently built residential units in Cambridge, in two river front apartment buildings. This [...]
Tag Archives | development
Commercial Real Estate news in Canada
Canadian Commercial Real Estate news Some interesting Commercial Real Estate news recently – we’re seeing investors from both within Canada and internationally looking to place equity in the secure and stable Canadian economy; for many, their preferred vehicle is tangible real estate investment properties. Homburg Invest plans Canadian REIT spinoff Homburg Invest (HIIa.TO), which owns [...]
Global Players looking at Canadian Commercial Real Estate
Big international players are looking at Canada for profitable commercial real estate investments. Kuwait Finance House just announced a JV with Killam Properties to pick up north of $400 mil of Canadian multi family residential real estate Kuwait Finance House establishes a joint venture with Killam Properties Inc. The initial program is to acquire CDN$250 [...]
March 2010 Update: Kitchener Waterloo Commercial Real Estate Market
One our other blogs we’ve looked at the red hot performance of the residentla Kitchener Waterloo real estate market. How has the Kitchener Waterloo commercial real estate fared? In March 2010 there were 8 sales on the MLS, and these sold properties were listed between $39,899 and $3,300,000 and represented a mixture of multi tenant [...]
Construction of 144 Park in Waterloo estimated at $21 million
144 Park is a new luxury condo building going up in Waterloo, Ontario at the corner of Park and Allen in Uptown Waterloo. It has units going over $1 million, making it the most luxurious development in the region. I was researching the condo, and I found this interesting report from Daily Commercial News and Construction [...]
1,000,000 sq ft MegalMall in Kitchener Waterloo to be named The Boardwalk
The largest shopping area in the Southwestern Ontario – One million square feet – is being built in Kitchener Waterloo, at the corner of Ira Needles Blvd and University Ave West. This is a project that Paul Dietrich and Voisin Developments are undertaking; Paul started assembling the land in 1985. From The Record: When completed [...]
Tannery district in Kitchener becoming vibrant commercial hub
The Record, Kitchener Waterloo’s local paper, had an article yesterday about progress at the Tannery District, which is the new development around the old Lang Tannery building in downtown Kitchener. The Tannery used to be a factory where animal hides went through the tanning process to become leather, and is now being converted into live/work [...]
Multi Family Transaction Volume in Canada Should Increase in 2010
Last night I was reading a research paper put out by CBRE about the commercial & multi-family apartment market in Canada, and they’re pretty bullish on what’s going to happen this year. They also attributed a contraction of sales in 2009 to a lack of quality product. From the Canadian Multi-Housing Marketview (PDF): There was [...]
Recent Commercial Development Sales in Waterloo Region
This afternoon I was showing an investor a multi-family property that is for sale, along with an additional land available for development. When we got up on the roof, we had a good view of the King Street, Spruce Street and Regina Street corridor in Waterloo, Ontario click to enlarge There have been some notable [...]
Commercial Real Estate blog links
Some commercial real estate links for you: 2009 Kitchener Waterloo Investment Real Estate Market Update 2009 was an interesting year to be buying, selling,… The turbulence in the global credit markets put a halt on a lot of lending, especially mortgages for student housing. When CMHC stopped insuring loans on ‘student housing,’ many lending institutions [...]
Kitchener Waterloo Real Estate Investments
- Allied REIT buys The Tannery District in Kitchener’s Warehouse / Innovation DistrictBig news today in Kitchener Commercial Real Estate, Allied REIT has purchased The Tannery District, the jewel of Kitchener’s Warehouse / Innovation District for $61.75 million. The Tannery District is a 340,150 square foot property redeveloped by Cadan Properties. It was the Lang Tannery, the largest tannery in the British Commonwealth at one point. With [. […]
- Why Canada is a top choice for global Real Estate InvestorsMy friends over at BuzzBuzzHome have put out a terrific infographic about why global Real Estate Investors look at Canada as a safe haven for their investment capital. Click for full size image Via BuzzBuzzHome, The most complete listing of new construction homes in Toronto and other major centres. Related posts: Investing in New Construction [...] Related p […]
- Morty’s owners purchase Forwell Variety on King Street in WaterlooBreaking news, the owner of Waterloo’s popular Morty’s pub has purchased the Forwell Super Variety store on King Street just south of University Ave in Waterloo. This is a high profile retail location, across the street from Wiflrid Laurier University, and just south of one of the busiest corners in Waterloo Region. Note: Morty’s Pub [...] Related posts: Mor […]
- Waterloo’s The Record Talks to Benjamin Bach about WLU’s $60 mil PurchaseStudent Housing Portfolio Sale One of Waterloo Region’s Largest Commercial Sales Last night I spoke with Brent Davis from The Record about WLU’s recent acquisition of the student housing portfolio on Bricker, Ezra and Hickory. The entire article can be found at this link. Below are some excerpts of my comments: “They ask for [...] Related posts: WLU drop […]
- WLU drops $58.9 mil on Student Housing Investment Portfolio in WaterlooBig news today, Wilfrid Laurier University has closed on their acquisition of the 765 bed Student Housing portfolio near WLU campus. This will be one of the largest commercial real estate transaction in Kitchener Waterloo this year. Laurier acquires apartment buildings adjacent to Waterloo campus WATERLOO – Wilfrid Laurier University has purchased 12 studen […]
