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The cranes dotting the Toronto skyline tell the story: the city is awash in construction, whether it's funky condo buildings or sleek office towers. Here are five downtown projects we're watching this summer. 1. One Bloor
Location: 1 Bloor St E Designer: Hariri Pontarini Architects Developer: Great Gulf Coolness: The city's crossroads at long last boasts some architectural intrigue as this 76-storey landmark—Great Gulf's flagship—nears completion. The undulating tower will have 732 condos atop a 100k SF…
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True North Commercial REIT Buys 5900 Explorer Drive
True North Commercial is set to buy 5900 Explorer Drive, a 40k SF two-storey office building in Mississauga's Airport Corporate Centre, for $10.5M. CEO Daniel Drimmer notes the acquisition dovetails with his firm's core strategy of acquiring properties tenanted with…
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Orlando Deals Mark Launch Of Mohawk REIT's US Platform
Mohawk Medical Properties REIT has acquired two medical office buildings in Orlando, marking the launch of its cross-border investment platform, Mohawk America. The trust bought Metrowest Medical Center and University Boulevard Medical Center, both 100% occupied by medical tenants (60k…
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Here Are Four Ways Mixed Reality Will Impact CRE Going ForwardWe all know augmented reality is taking retail by storm, as evidenced by Pokémon Go driving traffic into shopping centers and restaurants. But CBRE Americas head of occupier research Julie Whelan (inset) tells Bisnow industrial markets and data centers both have much to gain from augmented and mixed reality in the future. Take a look at the four ways this particular form of technology will continue to influence commercial real estate. |
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Bisnow Deal Of The Month: Brookfield Raises $14B For New FundWinner: Brookfield Asset Management Why: The fund beat its initial $10B target by $4B, making it the largest private infrastructure pool in the industry. In total, Brookfield has raised $27B over the course of 18 months and has committed $4B of its own money toward the infrastructure fund. Company shares jumped by 1.3% to $34.58 following the announcement. |
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The Simple Trick To Leasing Space Faster
Leasing commercial real estate is about showing the client the potential that a space possesses. You can present a raw space empty. If you're feeling ambitious, you can spend a bunch of time, money and other resources on another broker…
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