DTZ Cushman Wakefield Winnipeg Manitoba

Winnipeg landscape shifting

Last week’s shakeup in the local commercial real estate sector — in which two firms merged and another cut its ties with an industry giant — are isolated events and not part of a new trend, industry officials say. Winnipeg’s Chartier family got the ball rolling when it revealed it was changing the name of its real estate firm to Capital Commercial Real Estate Services Inc., and would no longer be the local affiliate for CBRE Canada. Read More…

Cushman Wakefield Downtown Winnipeg Manitoba

Centrepoint greets new tenant Stantec on Portage Avenue

For the second time in 15 years, there are high hopes for 311 Portage Avenue. Back in 2000, some prognosticators predicted — incorrectly, as it turned out — that the new A & B Sound store would be the springboard for the rebirth of downtown Winnipeg. With Centrepoint officially welcoming one of its major tenants Tuesday, architectural firm Stantec, the optimism this time around is based on much more than a hope, a prayer and sales of flat-screen televisions. Read More…

Cushman Wakefield Downtown Winnipeg Manitoba

Adding new life to downtown

One of the key components in the revitalization of downtown Winnipeg — the $130-million Centrepoint development on Portage Avenue across from the MTS Centre — has begun breathing new life into the area in a big way. Two of the four major pieces in the nearly one-square-block development — the 160-room Alt Hotel on the Donald Street side and a 400-stall parkade on the Hargrave Street side — began welcoming customers last week.
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Downtown Hotel Real Estate Winnipeg Manitoba

New downtown hotel has boutique feel

The Alt Hotel will likely be the first in this city that people will say is “cool.” Liane Reeves, the manager of the soon-to-be-open property across Portage Avenue from the MTS Centre, says that is the hotel’s attitude. “We are cool,” she said. “We’re not trying to put on a show. It’s who we are.” At 160 rooms, it is too big to be called a boutique hotel, but it has the feel of one, she said.
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Tenants Take To Centrepoint

The local office of Regina-based retail-software-development firm iQmetrix has leased 10,000 square feet of space on the second floor of Centrepoint’s five-storey office/restaurant complex, which is under construction on the northwest corner of Portage Avenue and Donald Street. Read More…