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Virtual Tour – 500 King Street West

Top 5 Questions When Hiring a Commercial Real Estate Broker

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Original Post

1. How active is the broker in the marketplace?

If the broker you hire is very active in San Jose, but never works in Oakland, it would be a mistake to work with them. They might be worth hiring if they can prove to you that they have the ability to find the tough to find spaces and get information on the most recent transaction. If they can pass both of these hurdles and seem qualified, an out of town broker can provide the right level of service. If not, ask them for a referral to a local broker.

2. How long have they been in the business?

Less experienced brokers might work very diligently but you are more exposed to common mistakes. Veterans of the industry can quickly make you aware of common mistakes and help you avoid them. A good rule of thumb is within 3 years, a broker has learned all the necessary tricks of the trade.

3. References?

Will the broker provide some contact information for recent clients who can speak to their diligence throughout the process? Questions you ask these references should be specific based on negotiating skills and time spent on the process.

4. Do you have a specialization?

Many brokers specialize in types of firms or industries.  If you can find the broker who specializes in your industry, you might get a leg up in the negotiation. Specialized brokers might have some other clients who are going through the process at the same time and excess information helps throughout the process.

5. Do you have any conflicts of interest?

Some brokers might work for many landlords throughout the city. If they do, at times their fiduciary duty is challenged when they represent both parties. Most brokers are ethical and this would not create a bad situation, but exceptions do exist.

Royal Bank Plaza – Leed Gold Marketing Piece

Royal Bank Building - Toronto

Oxford Properties has done a mailer outlining some of the great Leed Gold features of the Royal Bank building.  The only problem I have with it is it doesn’t motivate me to be there so what’s the point?

Impressions, thoughts on this market piece?

Temporary and Shared Office Space in Toronto

If you are interested in additional options across the GTA give us a call at 416-992-9869.

Evolution of the Call Center Cubical?

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Just a thought, if you’re going to stack employees on top of one another do it in style!

Unplggd

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Real Estate Available in the Downtown West – Office Space

Loft Space Downtown West 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 Asking Annual Rate
111 Peter Street 2,615 $30.33 $6,609.41 $79,312.95
111 Peter Street 1,733 $30.33 $4,380.16 $52,561.89
116 Simcoe Street 1,918 $38.28 $6,118.42 $73,421.04
116 Spadina Avenue 1,608 $25.40 $3,403.60 $40,843.20
116 Spadina Avenue 1,976 $25.40 $4,182.53 $50,190.40
119 Spadina Avenue 2,775 $32.60 $7,538.75 $90,465.00
130 Spadina Avenue 2,775 $28.25 $6,532.81 $78,393.75
130 Spadina Avenue 1,673 $28.25 $3,938.52 $47,262.25
14 Duncan Street 2,163 $29.00 $5,227.25 $62,727.00
171 East Liberty Street 1,835 $27.80 $4,251.08 $51,013.00
171 East Liberty Street 1,500 $27.80 $3,475.00 $41,700.00
179 John Street 1,771 $32.56 $4,805.31 $57,663.76
208 Adelaide Street W 2,567 $54.79 $11,720.49 $140,645.93
219 Dufferin Street 2,171 $27.74 $5,018.63 $60,223.54
219 Dufferin Street 2,683 $27.74 $6,202.20 $74,426.42
219 Dufferin Street 1,725 $24.74 $3,556.38 $42,676.50
26 Soho Street 1,537 $26.65 $3,413.42 $40,961.05
30-34 Duncan Street 2,159 $28.50 $5,127.63 $61,531.50
317 Adelaide Street W 2,750 $30.25 $6,932.29 $83,187.50
345 Adelaide Street W 3,000 $25.00 $6,250.00 $75,000.00
366 Adelaide Street W 2,988 $29.00 $7,221.00 $86,652.00
410 Adelaide Street W 2,297 $26.50 $5,072.54 $60,870.50
425 Adelaide Street W 1,669 $25.43 $3,536.89 $42,442.67
43 Hanna Avenue 1,560 $25.95 $3,373.50 $40,482.00
49 Spadina Avenue 1,600 $27.75 $3,700.00 $44,400.00
49 Spadina Avenue 2,600 $27.75 $6,012.50 $72,150.00
517 Wellington Street W 1,556 $30.95 $4,013.18 $48,158.20
555 Richmond Street W 1,677 $26.55 $3,710.36 $44,524.35
555 Richmond Street W 2,102 $26.55 $4,650.68 $55,808.10
662 King Street W 2,329 $32.20 $6,249.48 $74,993.80
67 Mowat Avenue 2,640 $28.44 $6,256.80 $75,081.60

Virtual Tour – 2645 Skymark Avenue

Office Space – Downtown North Toronto

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We provide free custom surveys of available office space including a price list and floor plans. Simply reach out to us here!

Address Available Space (sf) Asking Gross Rental Rate (psf) Asking Monthly Rate Asking Annual Rate
123 Edward Street 1,526 $35.93 $4,569.10 $54,829.18
123 Edward Street 2,758 $35.93 $8,257.91 $99,094.94
180 Dundas Street W 2,602 $33.74 $7,315.96 $87,791.48
2 Carlton Street 1,926 $31.44 $5,046.12 $60,553.44
2 Carlton Street 1,714 $31.44 $4,490.68 $53,888.16
229 Yonge Street 2,735 $31.85 $7,259.15 $87,109.75
425 University Avenue 2,000 $27.60 $4,600.00 $55,200.00
438 University Avenue 2,875 $41.06 $9,837.29 $118,047.50
439 University Avenue 1,815 $32.60 $4,930.75 $59,169.00
439 University Avenue 2,919 $32.60 $7,929.95 $95,159.40
480 University Avenue 3,000 $32.30 $8,075.00 $96,900.00
481 University Avenue 2,484 $33.04 $6,839.28 $82,071.36

Rainbow Cinemas to the Rescue of Carlton Theatre

Carlton Cinema

Original Post on BlogTO

For industrial space check out my partners blog.

A few months ago came news that the Carlton Cinemas would close and on December 6th they did just that. But now comes word that the days of films screening near the corner of Yonge and Carlton is not a thing of the past. Last week, Magic Lantern Theatres, owner of the Rainbow Cinemas theatre chain, purchased the space and plan to refurbish and then re-open it this June.

Keep reading for more details in the just issued news release.

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CARLTON CINEMA TO RE-OPEN IN JUNE 2010

TORONTO, February 18, 2010: The Carlton Cinema, located in the hub of downtown Toronto, will be refurbished and re-opened in June 2010.

The 9-screen multiplex will operate under the banner of Magic Lantern Theatres, an Edmonton based Movie Exhibition Company, which also operates Rainbow Cinemas.

Magic Lantern Theatres has a proud history of providing communities with venues to enjoy thought-provoking art and independent movies from Canada and overseas, as well as Hollywood fare.

Plans are already underway to retrofit Carlton Cinema in a manner that will optimize its appeal to its regular and new patrons. Cinephiles will be able to enjoy a wide variety of art and alternative films, documentaries, special screenings and film festivals.

Details regarding admission prices and opening day celebrations are being developed and will be announced approximately two months prior to the re-opening of the Carlton Cinema.

Magic Lantern Theatres, a community-based Canadian company, was established in 1980. With the opening of the Carlton Cinema, the company will expanded its operations to 17 locations across Canada with a total of 87 screens.

Office Space Deals for February 2010 – Toronto

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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!

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