Edmonton City Centre in downtown Edmonton has been acquired by Westrich Pacific Corp in an agreement that is expected to close later this year, according to the Edmonton Journal. The 1.4 million square foot mixed-use project was ordered into receivership in 2025. The new ownership suggests new residential units and street front retail in place of the former Bay store. (Westrich Pacific Corp – www.westrichpacific.com)………
The Calgary Marriott Downtown Hotel has opened a newly renovated 2,850 square foot fitness centre, positioning it as one of Calgary’s largest and best-equipped hotel fitness facilities. Designed for wellness-focused travelers, the facility features state-of-the-art cardio and strength equipment, including treadmills, ellipticals, bikes, free weights, strength machines and functional training equipment. Dedicated spaces for stretching, mobility and recovery complement a movement studio offering yoga, mat Pilates, Zumba and other instructor-led classes. Guests can also relax after workouts on the Tower View Patio overlooking the Calgary Tower or enjoy healthy dining options at ONE18 EMPIRE. Located downtown and directly connected to the Calgary TELUS Convention Centre, the hotel provides convenient access to business, cultural, shopping and entertainment destinations, including Stephen Avenue, CORE Shopping Centre, Arts Commons and the BMO Centre. (Calgary Marriott Downtown Hotel – www.marriott.com)……….
Earlier in August, medical cannabis company Trulieve Cannabis Corp. announced the completion of its previously announced plan to redomicile Trulieve Cannabis Corp. from British Columbia to Delaware in the United States. Then, to celebrate its NYSE listing in early June 2026, the company rang The Closing Bell at the New York Stock Exchange on August 18h. “Ringing The Closing Bell at the New York Stock Exchange is an incredible honor and a proud moment for everyone who has contributed to Trulieve’s success,” said Kim Rivers, Trulieve’s CEO. “Our NYSE listing represents the culmination of years of disciplined execution, operational excellence, and a commitment to creating long-term value for our shareholders. We are excited to celebrate this milestone alongside our team as we continue to build on our successes and capitalize on the opportunities ahead.” Trulieve is a vertically integrated cannabis company and multi-state operator in the U.S., with established medical marijuana operations in Florida, Georgia, Pennsylvania, and West Virginia. (Trulieve Cannabis Corp – www.trulieve.com)……..
Activate, the fast-growing Winnipeg-based entertainment experience, has entered the DACH region with the opening of its first German location at Mall of Berlin. Developed in partnership with VRex Entertainment and Sounds Fun Entertainment, the 10,097 square foot venue features eleven game rooms and more than 800 levels of challenges. Designed for teams of two to five, Activate combines technology, physical activity and live-action gaming, challenging participants to test their speed, coordination, problem-solving and teamwork. RFID technology tracks players as they move between rooms, allowing them to level up, unlock achievements and earn rewards. The Canadian-designed and manufactured concept is positioned as a blend of gaming, exercise and social entertainment, appealing to friends, families and corporate groups. The Berlin opening marks the beginning of a broader DACH expansion. A second German location in Fürth is scheduled to open later this month, followed by locations in Wiesbaden in November and Vienna in Spring 2027. Additional venues are planned across Switzerland, establishing Activate as an emerging international entertainment brand. (Activate – www.playactivate.com)………..
Global real estate advisory firm Avison Young has reached an agreement on a transformational recapitalization designed to strengthen its financial position, increase liquidity and support long-term growth. Building on its successful 2024 recapitalization, the transaction follows the completion of the firm’s stabilization phase and will enable Avison Young to pursue disciplined organic expansion and targeted acquisitions. The strategy will focus on expanding services into high-growth sectors and markets where client needs are underserved, while leveraging the company’s technology and market intelligence platforms. Avison Young reported significant recovery and growth in global operating performance during the first half of 2026, led by U.S. capital markets and non-brokerage revenue growth in Canada. Its UK business also delivered strong H1 performance. Existing financial partners, employees and Principals will form the equity group, with Principals’ common shares and value preserved. The transaction is expected to close in October 2026. (Avison Young – www.avisonyoung.com)………
Telecommunications service provider Fizz is expanding its retail presence through a distribution agreement with EB Games Canada, making an exclusive Fizz Starter Pack available at 140 EB Games locations across Canada. The partnership is designed to connect Fizz with the retailer’s community of gamers, collectors and pop culture enthusiasts, offering a convenient way to begin a wireless service. According to Fizz General Manager Martin Gendron, the partnership provides EB Games customers with a starter package tailored to their interests, along with rewards and perks that can grow over time. EB Games Canada owner Stephan Tetrault said Fizz’s customer-focused approach and differentiated wireless offering align well with the retailer’s customer base. The exclusive Starter Pack is designed specifically for video game enthusiasts and includes benefits for customers joining the Fizz community with their first wireless plan. (Fizz – www.fizz.ca) & (EB Games Canada – www.ebgames.ca)…………..
Montreal-based Brasswater Inc. has announced the acquisition of Cross Country Plaza, a 314,000 square foot grocery-anchored open shopping centre in Columbus in Georgia. Anchored by Publix, the property is currently 95 percent leased and features a strong mix of national and regional tenants, benefiting from excellent visibility and access near the intersection of I-185 and Macon Rd. Brasswater recognizes an opportunity to build on the centre’s existing momentum through an active leasing program and has retained Kathy Ward-Darin and Shelley Jordan Bell with Atlantic Retail to execute the leasing strategy. (Atlantic Retail – www.atlanticretail.com) & (Brasswater Inc – www.brasswater.ca)……….
Have a great week………….