Sale of Queen Street building tops Canadian office transactions in Q1: Morguard

CBC headquarters at 181 Queen St.
Morguard has sold the building that includes CBC headquarters at 181 Queen St. to Public Services and Procurement Canada for $125.3 million.

The federal government’s $125-million acquisition of a building at 181 Queen St. accounted for nearly half the value of all Canadian office transactions in the first quarter as investors shied away from big buys amid ongoing economic turbulence, a new report from Morguard says.

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