Industrial, Commercial & Investment

Industrial, Commercial & Investment

Andrew Riley

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Commercial real estate investment services firm Marcus & Millichap has hired Andrew Riley as a senior associate specializing in mixed-use office investment sales throughout the Greater Toronto Area.

Brian McCauley

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Brian McCauley has been appointed president and CEO OF Concert Real Estate Corporation in Vancouver and all related entities – Concert Properties Ltd., CREC Commercial Fund and Concert Realty Services.

CBRE’s new flagship tech space in Kitchener, Ont.

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CBRE will relocate its Waterloo Region operations to Allied Properties REIT’s 72 Victoria St. building in Kitchener, Ont. The new office will act as its flagship tech space in Canada.

Peter Zorbas

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JLL recently appointed Peter Zorbas to lead the firm’s Capital Markets platform in the Prairie region. Zorbas joins the team as an executive vice president and will be based out of JLL’s Calgary office.

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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.