New U.S. Embassy in London

Original Article

The United States Department of State announced today that KieranTimberlake has won the design competition for the New London Embassy. In statements given at a press briefing today in London, U.S. Ambassador to the United Kingdom, Louis B. Susman, and Acting Director of the Bureau of Overseas Buildings Operations, Adam Namm, remarked, “KieranTimberlake’s design meets the goal of creating a modern, welcoming, timeless, safe and energy efficient embassy for the 21st century. Their concept most fully satisfied the requirements outlined in the design competition’s mission statement. The concept holds the greatest potential for developing a truly iconic embassy and is on the leading edge of sustainable design.”

View from Consular Plaza

Concept

• The concept for the New London Embassy is the result of KieranTimberlake’s efforts to resolve, in architectural terms, what an embassy aspires to be and what present realities dictate it must do.

• The expressive challenge is to give form to the core beliefs of our democracy – transparency, openness, and equality – and do so in a way that is both secure and welcoming. At the same time, the building must confront the environmental challenges all nations face with leading edge sustainable design.

• The team included OLIN as Landscape Architect; Arup for Sustainability, MEP/FP and Civil Engineering; Weidlinger Associates for Structural and Blast Engineering; Gensler for workplace design; Davis Langdon for Cost Consulting; and Sako & Associates for Technical Security.

Large Offices for Lease across Downtown Toronto

Please note the attached office space is not listed with OfficeSearchToronto.com but call us first at 416-992-9869 or email us here!

Address	Available Space (sf)	Asking Gross Rental Rate (psf)	Asking Monthly Rate
1 University Avenue	1,919	$47.18	$7,544.87
121 King Street W	2,462	$53.01	$10,875.89
130 King Street W	2,490	$55.05	$11,422.88
133 Richmond Street W	2,329	$29.26	$5,678.88
155 University Avenue	2,370	$37.92	$7,489.20
170 University Avenue	2,023	$39.11	$6,593.29
18 King Street E	1,811	$42.41	$6,400.38
20 Adelaide Street E	1,560	$37.90	$4,927.00
20 Toronto Street	2,078	$34.95	$6,052.18
330 Bay Street	2,313	$39.40	$7,594.35
357 Bay Street	1,740	$37.88	$5,492.60
36 Toronto Street	1,798	$39.90	$5,978.35
360 Bay Street	1,955	$36.96	$6,021.40
401 Bay Street	2,201	$45.17	$8,284.93
6 Adelaide Street E	2,500	$22.39	$4,664.58
67 Yonge Street	2,357	$35.38	$6,949.22
80 Richmond Street W	1,560	$36.68	$4,768.40

Regus Temporary Space – BCE

To book a tour call Chris at 416-992-9869

Regus now has two similar suites coming available for May 1st occupancy:

2) Suite #2647 (see below for details)

Volunteer Your Office Space and Advertise for free on OfficeSearchToronto.com

Do you have a cool office space or work for a cool company you want to show off? I’m looking for groups that want to show off their office space like Microsoft did here… only much shorter. Don’t be shy!

Small Offices Available for Lease – Downtown West Loft Space

For floor plans or a survey of available office space in Toronto provide your contact info here and I will be in touch with a custom survey of office space tailored to your needs. It can’t get any easier that that!

Address	Available Space (sf)	Asking Gross Rental Rate (psf)	Asking Monthly Rate
111 Peter Street	2,615	$30.33	$6,609.41
111 Peter Street	1,733	$30.33	$4,380.16
116 Simcoe Street	1,918	$38.28	$6,118.42
116 Spadina Avenue	1,608	$25.40	$3,403.60
116 Spadina Avenue	1,976	$25.40	$4,182.53
119 Spadina Avenue	2,775	$32.60	$7,538.75
130 Spadina Avenue	2,775	$28.25	$6,532.81
130 Spadina Avenue	1,673	$28.25	$3,938.52
14 Duncan Street	2,163	$29.00	$5,227.25
171 East Liberty Street	1,835	$27.80	$4,251.08
171 East Liberty Street	1,500	$27.80	$3,475.00
179 John Street	1,771	$32.56	$4,805.31
208 Adelaide Street W	2,567	$54.79	$11,720.49
219 Dufferin Street	2,171	$27.74	$5,018.63
219 Dufferin Street	2,683	$27.74	$6,202.20
219 Dufferin Street	1,725	$24.74	$3,556.38
26 Soho Street	1,537	$26.65	$3,413.42
30-34 Duncan Street	2,159	$28.50	$5,127.63
317 Adelaide Street W	2,750	$30.25	$6,932.29
345 Adelaide Street W	3,000	$25.00	$6,250.00
366 Adelaide Street W	2,988	$29.00	$7,221.00
410 Adelaide Street W	2,297	$26.50	$5,072.54
425 Adelaide Street W	1,669	$25.43	$3,536.89
43 Hanna Avenue	1,560	$25.95	$3,373.50
49 Spadina Avenue	1,600	$27.75	$3,700.00
49 Spadina Avenue	2,600	$27.75	$6,012.50
517 Wellington Street W	1,556	$30.95	$4,013.18
555 Richmond Street W	1,677	$26.55	$3,710.36
555 Richmond Street W	2,102	$26.55	$4,650.68
662 King Street W	2,329	$32.20	$6,249.48
67 Mowat Avenue	2,640	$28.44	$6,256.80

Great Downtown East Space at 550 Queen Street East

The office space is only 946 sf and available until August 31, 2011 – great rates and really cool space. Check out the pics and call if you want additional info – 416-992-9869.

Commercial Real Estate available in the Downtown East Toronto

For floor plans or a survey of available office space in Toronto provide your contact info here and I will be in touch with a custom survey of office space tailored to your needs. It can’t get any easier that that!

Address	Available Space (sf)	Asking Gross Rental Rate (psf)	Asking Monthly Rate
110 Lombard Street	3,439	$27.00	$7,737.75
145 Berkeley Street	2,228	$31.34	$5,818.79
15 Toronto Street	2,580	$33.48	$7,198.20
172 King Street E	2,700	$36.00	$8,100.00
184 Front Street E	1,704	$35.05	$4,977.10
184 Front Street E	2,572	$35.05	$7,512.38
2 Berkeley Street	1,590	$28.75	$3,809.38
2 Berkeley Street	2,214	$28.75	$5,304.38
250 The Esplanade	1,680	$28.75	$4,025.00
250 The Esplanade	2,641	$28.75	$6,327.40
26 Wellington Street E	3,498	$34.50	$10,056.75
33 Britain Street	2,800	$21.25	$4,958.33
366 Adelaide Street E	3,201	$27.00	$7,202.25
366 Adelaide Street E	1,797	$27.00	$4,043.25
41 Colborne Street, 41 – 43 Colborne Street	3,426	$32.00	$9,136.00
411 Richmond Street E	2,474	$26.28	$5,418.06
47 Colborne Street	2,513	$29.51	$6,179.89
47 Colborne Street	1,500	$29.51	$3,688.75
489 Queen Street E	2,663	$26.23	$5,820.87
55 Berkeley Street	2,980	$24.25	$6,022.08
550 Queen Street E	1,838	$26.70	$4,089.55
59 Adelaide Street E	1,841	$27.08	$4,154.52
95 King Street E	1,819	$31.03	$4,703.63

5 Questions from your Landlord about YOU

Original Post – Rofo

1. What is the credit of the company I am signing a lease with?
Most landlords have loans in place and at times a lender will ask to approve a lease before it is signed as they technically are part owners. If a landlord wants to refinance a building, a large part of the valuation of the building will depend on the buildings rental stream and likelihood of this rental stream continuing (ie your financial picture and credit history). Some landlords will not be comfortable leasing spaces to start up companies because of this credit risk.

2. How much do I have to spend to get them to start paying rent?
The issue here is concessions that a landlord gives to a tenant. These included custom tenant improvement build outs, free rent, and commissions paid to brokers involved in the transaction. The more a landlord must pay to start your rental stream, the more scrutiny they will use in analyzing your company as a potential tenant.

3. What security do I have if this company defaults?
Most likely the security that a landlord has the most access to is your security deposit.  Theoretically they can get in the line and be one of the debtors attempting to collect some of your business during its liquidation, but this time investment is rarely made by a landlord. If you are unlucky enough to personally guarantee the lease, the landlord might pursue you personally to cover the remaining lease obligation or at least the marketing time and cost for procuring a new tenant.

4. How long do I have to wait for another tenant to come along?
During the negotiation process or when you are potentially behind on your rent, the landlord will consider this argument. If the market is doing well and there is lots of demand for space, your ability to negotiate will be decreased because the landlord will have a rough idea of how long it will take to find a higher quality tenant. If the market is weak (like right now), the tenant will have a lot more leeway to negotiate and can use this argument as part of the negotiation process.

5. What is their use and how will that affect the building?
If a company is cramming 15 people into 1,000 square feet, these people are having an adverse effect on the buildings systems and building community. For example, a school that leases space will have a few hundred students using the lobby, parking lots, and bathrooms when a normal office user might have 30 full time users affecting the building. A landlord will think carefully about your use, your clientele, the type of consumer who comes to visit and how that will affect other tenants in the building and the buildings value.

Commercial Real Estate and Office Space at Yonge and Sheppard

For floor plans or a survey of available office space in Toronto provide your contact info here and I will be in touch with a custom survey of office space tailored to your needs. It can’t get any easier that that!

Address	Available Space (sf)	Asking Gross Rental Rate (psf)	Asking Monthly Rate	Asking Annual Rate
100 Sheppard Avenue E	1,800	$29.97	$4,495.50	$53,946.00
25 Sheppard Avenue W	2,423	$41.21	$8,320.99	$99,851.83
4100 Yonge Street	2,230	$39.35	$7,312.54	$87,750.50
4120 Yonge Street, Phase 3	2,321	$39.35	$7,610.95	$91,331.35
4211 Yonge Street	1,597	$35.49	$4,723.13	$56,677.53
4211 Yonge Street	2,168	$35.49	$6,411.86	$76,942.32
45 Sheppard Avenue E	1,863	$33.34	$5,176.04	$62,112.42
45 Sheppard Avenue E	2,177	$33.34	$6,048.43	$72,581.18
4576 Yonge Street	2,795	$32.95	$7,674.60	$92,095.25
4576 Yonge Street	1,500	$32.95	$4,118.75	$49,425.00
4711 Yonge Street	2,703	$38.39	$8,647.35	$103,768.17
4950 Yonge Street	1,564	$39.48	$5,145.56	$61,746.72
4950 Yonge Street	2,440	$39.48	$8,027.60	$96,331.20
5001 Yonge Street	1,500	$33.10	$4,137.50	$49,650.00
5001 Yonge Street	2,514	$33.10	$6,934.45	$83,213.40
5231 Yonge Street	1,527	$31.00	$3,944.75	$47,337.00
5255 Yonge Street	2,567	$34.99	$7,484.94	$89,819.33
5775 Yonge Street	2,316	$34.47	$6,652.71	$79,832.52

Commercial Real Estate available for lease in the GTA

OfficeSearchToronto.com tracks available office space across the GTA. Want a survey or availability report somewhere else in Toronto? Are these space too big? Call us at 416-992-9869 or E-mail Me!

Next Page »