Recent Press Releases
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Press Release
Canadian Office Market Accelerates in the Third Quarter As Pendulum Swings Towards a Landlord’s Market
Net leasing activity remained positive for a fifth consecutive quarter in Q3 2026, with 9 of 11 markets reporting positive absorption of available office space, led by Toronto, Calgary and Montreal.
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Despite pressure on the Canadian economy, the number of transactions increased by 4.8% quarter-over-quarter to 2,146 deals
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Suburban fundamentals excelled in key retail formats, especially grocery-anchored centres, supported by population growth in select cities and consistent tenant demand, according to CBRE’s new survey
Institutional Capital Returns to Downtown Toronto with Sale of 123 Front St. W.
October 29, 2026
CBRE's National Investment Team and RBC Capital Markets Realty have sold Citigroup Place, at 123 Front St. W., on behalf of Oxford Properties Group.
Gary MacKenzie and an all-hands effort from his CBRE colleagues across Canada helped Skyline Industrial REIT to fully lease Bayers Lake Industrial Centre (“BLIC”), its 400,000 sq. ft. zero-carbon industrial park in Halifax.
CBRE brokers the $189M sale of Parkwood Hills in Ottawa to Woodland Capital, reflecting strong investor demand for stable multifamily assets.
Canada’s Q3 2026 commercial real estate shows robust momentum: national office vacancy dropped and industrial absorption hit a 5-year high.
CBRE’s Mackenzie Sharpe helped financial services firm Wealthsimple secure 90,000 sq. ft. across three floors at 460 Front St. W., part of Allied Properties REIT and RioCan REIT’s The Well development.
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