While 2024 may be done and dusted, we at Green Street News would like to take an extra beat to reflect on our debut year in the market.
Our six intrepid reporters hit the ground running this past summer, and since then have produced more than 330 pieces of proprietary content, including breaking news on major property deals and financings, Q&As and trend stories.
Below is a recap of the articles we’re most proud of from 2024 – all exclusive to Green Street.
Thank you to all our subscribers for your support this past year, and we look forward to continuing to provide you with the best commercial real estate content in Canada. Onward and upward!
Office
- Brookfield buying out partners at 2 Queen Street East
- Trophy Ottawa offices teed up for $143m
- Spear Street pays $115m for Vancouver offices
- North York office complex trades for $83.5m
Multifamily
- Brookfield buys Toronto apartments for $437m
- KingSett, Starlight offload massive Montréal apartment complex
- Forum buys Ottawa student-housing high-rise for $183m
- Hazelview sells stake in three-tower Toronto development for $161m
Industrial
- Prologis pays $361m for GTA distribution centre
- Pure Industrial snaps up GTA industrial portfolio for $149m
- Unilever pays $61m for 50% stake in Brampton distribution centre
- Brookfield scoops up new Montréal industrial facility
People
- Grosvenor taps Ward to lead structured development finance programme
- CBRE adds longtime Colliers broker in Vancouver
- RBC hires CBRE’s Pacaud
- Fitzrovia names new partner
Retail
- Crestpoint, Choice pay $254m for Loblaw portfolio
- Cadillac Fairview’s Champlain Place traded for $172m
- CF Fairview Park Mall trades for $162m
- Primaris’ McAllister Place shopping centre expected to fetch $75m
Hotel
- QuadReal offloads downtown Calgary hotel for $112m
- Sunray agrees to buy Toronto’s Bisha Hotel
- Ontario RV community portfolio trades for $91m
- Niagara-on-the-Lake hotel trades for $25m
Financing
- Brixen gets $149m construction loan for Mississauga condos
- Palace Arms Hotel redevelopment notches $124m building loan
- VersaBank writes $121m construction loan for Saanich rental project
- RBC writes $119m loan on Laval rental project
Distress
- Vancouver Island developer ordered to sell land to pay creditors nearly $100m
- Cambie property sells for more than $50m in court-ordered sale
- Firm Capital launches $300m distressed credit fund
- Slate Office REIT mulling sale of Woodbine & Steeles Corporate Centre
Trends
- Portfolio deals down, but domestic capital preps for comeback
- Developers checking in to Vancouver’s hotel market
- Investors flocking to Edmonton multifamily market
- Scarborough’s industrial market punching above its weight