SOFTENING MARKET

Glut of office space drops prices Record 1.8 million square feet is vacant around the Halifax area, says CBRE expert JAMES RISDON newsroom@herald.ca @chronicleherald The Chronicle Herald – October 15, 2016 Edition A record glut of office space in Halifax is driving down rents, making this a good time for businesses to renegotiate their leases with landlords, says a commercial realtor. “It could be termed a tenants’ market,” Robert Mussett, a senior vice-president with CBRE Ltd. real estate, said in an interview Friday. “It’s a good time to have a conversation with your landlord and others, and evaluate your space…

Fenwick Tower getting a makeover

Energy efficiencies key to first phase; two more to come on former Dal property JAMES RISDON newsroom@herald.ca @chronicleherald The Chronicle Herald – October 14, 2016 Edition The view from the top floor of Fenwick Tower — now called the Vüze at South Village — in the south end of Halifax is breathtaking. But, these days, there’s no one there to see it. The 33-storey apartment building’s top 10 floors are empty. Joe Metlege’s Templeton Properties, the building’s landlord, has gutted those floors right down to the concrete. Workers have ripped out studs and drywall and are replacing old electrical wiring,…

Nova Centre delayed — again

THE CHRONICLE HERALD – October 5, 2016 Edition newsroom@herald.ca @chronicleherald Halifax’s Nova Centre, the controversial $164-million retail mall, office complex and convention venue under construction on Argyle Street, has been delayed again. And several of the key players don’t know why it has been stalled or when it will be completed. That has forced one of the anchor tenants, the Halifax Convention Centre, to start rebooking major conventions slated for April. “We have received indication from the developer that the endof- completion date is likely to be pushed out, so this will impact our opening date (in the new building),”…

Halifax Housing Conference

Save the Date Halifax Housing Conference November 21 & November 22, 2016 Halifax Central Library   Please join us Monday November 21, 9am to 4pm Presentations & Practical Workshops on Affordable Housing Tuesday November 22 Join us for a Facebook LIVE Event to Celebrate National Housing Day. It will feature the Hon. Minister Jean-Yves Duclos sharing what he’s heard from the National Housing Strategy consultations. More information will be posted on http://housingandhomelessness.ca/ closer to the date.