Industrial, Commercial & Investment

Industrial, Commercial & Investment

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Now here’s where it gets problematic: the property doesn’t sell after six months. Upset with the result, your client decides to sell the property on his own. The property sells in the seventh month. Are you entitled to your commission?

From left: Craig Smith, Mike Scace, Fraser McMay and Jeff Thomas.

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Cushman & Wakefield has acquired Ashlar Urban Realty, a commercial real estate firm in downtown Toronto. Ashlar Urban Realty was founded in 1999 and specialized in investment sales, office, retail and land development.

Bryan Li

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Industrial property leasing and sales specialist Bryan Li has joined Avison Young as a vice-president in the Toronto North office. Li brings to Avison Young 13 years of experience in real estate sales and leasing.

“We wanted a workspace that was less siloed and more inviting for employees to engage with one another,” says Cushman & Wakefield’s Canadian CEO Chuck Scott.

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Cushman & Wakefield’s new Canadian headquarters at Bay and Front streets in Toronto offers employees more flexibility in the way they choose to work.

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Most leases require a tenant to obtain insurance that is consistent with the lease terms before they can enter a premises. Despite this fundamental prerequisite to enter, most tenants fail to meet the lease’s insurance provision.

From NAI Commercial Okanagan, from left: principals Mike Geddes, Tony Parmar, Philip Hare and Tim Down.

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NAI Commercial Okanagan recently opened a new office in Kelowna, B.C. “This market is ready for a professional solution," says Tim Down, principal and managing broker.

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The legal marijuana business is booming and landlords are taking notice because these businesses have a solid cash flow and are able to pay a premium in rent. Make sure the following critical steps are taken to avoid risk.

Ermidio Alves

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ELFA Realty has become Coldwell Banker’s newest commercial affiliate. The Brampton, Ont. company is now Coldwell Banker Commercial ELFA Realty.

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While most are familiar with the concept of “staging” when it comes to residential real estate, office landlords are now increasingly adopting the practice by staging office spaces, according to a report from CBRE Canada.

Evan J. Wright

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Paul Anand, broker/owner of Plex Realty Corp. in Toronto, recently announced that Evan J. Wright has joined the Plex sales team. “Evan is a seasoned entrepreneur," says Anand.