This week witnessed good transaction levels, particularly for Hamilton.
The city's largest transaction was in Ancaster, where six acres of
residential land was sold to Losani Homes for $6.5 million ($1.5 million per acre). That's about the market rate for single-family housing land.
This week, the area's largest transaction was in Waterloo, where three office buildings sold for $122.8 million ($233 per square foot).
The property falls very much in line with what Forge & Foster defines as "flex" industrial: an industrial space that can accommodate many uses, including office space.
The two larger office buildings had sold for $69 million in 2017. The smallest one sold for $8 million in 2021, indicating value appreciation in line with industrial.
In the News Headlines section below, you'll see:
McMaster Innovation park wants more residential
Vrancor tweaks their King St. W. highrise plan
The Hamilton LRT committee meets for the first time since 2017
