Commercial Real Estate Roundup- #2

Another busy week in the world of commercial real estate in Toronto!

-A new commercial development at Yonge and York Mills in central Toronto will improve the retail environment for businesses and residents.  40,000 square feet of ground-level retail, a 202-room four-star hotel as well as office condos is a great addition for this area.
– Pancer’s, a famous Toronto deli for more than 50 years has recently closed.
-Target’s closing all 133 Canadian stores and the loss of employee’s jobs (including pharmacists who invested tremendous capital to open their pharmacies) is still top of mind.

Enjoy the articles below and stay warm!!

1) Hotel developer gets on the mixed-use bandwagon

2) Famed Toronto deli, Moe Pancer’s, shut down after more than 50 years in business

3)  Another casualty of Target’s collapse: 133 franchise pharmacists