The owner had previously engaged Jason Wills and Murray Wills to market and lease the project. After successfully leasing up both phases to long-term tenants, the owner re-engaged the services of Jason Wills to market and sell the property as part of an exclusive listing contract.
Launched less than a year ago, Colliers Strategy & Consulting (S&C) Group has excelled as a niche offering and is helping our clients across Canada realize additional value from their assets and optimize the performance of their real estate portfolios.
Activity in the lodging capital markets remained muted through Q1 which saw approximately $197 million in transaction volume with acquisitions for alternate use remaining a key driver of activity. Looking ahead, an anticipated cresting of the third wave as the vaccine roll-out gathers steam and growing deal pipeline indicate the sector is poised for a rebound in the second half of the year.