Scotia Plaza Sold for $1.27 Billion #Toronto #CRE
Filed Under Ask The Expert, Market Info, News · Tagged: Scotia Plaza Sold for $1.27 Billion #Toronto #CRE
As price tags go, it’s rather impressive: $1.266 billion. That’s how much Scotiabank will be receiving in exchange for its eponymous complex. The centre at 40 King Street West has two new owners: Dundee Real Estate Investment Trust gets a two-thirds share, and H&R Real Estate Investment Trust has picked up the remaining third. That purchase includes several buildings: the 68-storey main tower, the 27-storey older Bank of Nova Scotia building next door, and several adjoining properties—over two million square feet of office space in total.
In a press release issued this afternoon Scotiabank COO Sabi Marwah announced that Scotia will remain in the building as lead tenant; they’ve signed a lease to stay on site in both the modern tower and the older for the next 13.5 years.
Original Article – Torontoist
Downtown East Toronto Office Space for Lease – Best of May 2012
Filed Under Available Office Space Toronto, Brokers Letters, Downtown East, Office Space Deals, Offices Over 3,000 sf, Offices Under 3,000 sf · Tagged: Berkeley Street, Britain Street, Church Street, Commercial Real Estate Toronto, cost of downtown toronto space, Downtown East Toronto Office Space for Lease - Best of May 2012, Front Street, Jarvis Street, King Street, leasing companies downtown toronto, LinkedIn Isabella Street, office lease price toronto downtown, office lease prices toronto, office rent downtown toronto, office rent toronto, office rentals toronto, office search toronto, office space for rent in toronto, office space for rent toronto, office space in toronto, office space in toronto price, office space price in toronto, Office Space Toronto, offices for lease toronto, Parliament Street, queen street, rent office toronto, small office space toronto, sublet office toronto, The Esplanade, toronto loft spaces for rent, toronto office lease, toronto office leases, Toronto office real estate blog, toronto office rent, toronto office rentals, Toronto Office Space, toronto offices for lease, toronto recent listings
Please note the attached office space is not listed with OfficeSearchToronto.com but call us first at 416-643-3713 or email us here!
Search other Downtown East Office Space
| Address | Available Space (sf) | Asking Gross Rental Rate (psf) | Asking Monthly Rate |
| 103 Richmond Street E | 3,507 | $28.68 | $8,381.73 |
| 106 Front Street E | 3,279 | $35.58 | $9,722.24 |
| 120 Front Street E | 2,808 | $28.00 | $6,552.00 |
| 145 Berkeley Street | 2,050 | $30.64 | $5,234.33 |
| 145 Berkeley Street | 2,228 | $30.64 | $5,688.83 |
| 250 The Esplanade | 2,641 | $28.95 | $6,371.41 |
| 258 Adelaide Street E | 1,671 | $31.06 | $4,325.11 |
| 32 Britain Street | 2,500 | $29.00 | $6,041.67 |
| 33 Britain Street | 2,800 | $21.25 | $4,958.33 |
| 334 King Street E | 3,371 | $35.17 | $9,879.84 |
| 366 Adelaide Street E | 3,652 | $27.00 | $8,217.00 |
| 366 Adelaide Street E | 1,718 | $27.00 | $3,865.50 |
| 366 Adelaide Street E | 2,005 | $35.00 | $5,847.92 |
| 41 Britain Street | 2,179 | $21.00 | $3,813.25 |
| 411 Richmond Street E | 2,980 | $26.91 | $6,682.65 |
| 44 Victoria Street | 4,166 | $35.45 | $12,307.06 |
| 47 Colborne Street | 2,513 | $36.12 | $7,564.13 |
| 50 Richmond Street E | 2,628 | $32.00 | $7,008.00 |
| 53 Jarvis Street | 4,873 | $39.70 | $16,121.51 |
| 550 Queen Street E | 2,289 | $24.25 | $4,625.69 |
| 550 Queen Street E | 2,527 | $27.25 | $5,738.40 |
National Real Estate Update on CBC’s Lang & O’Leary
Filed Under Ask The Expert, Market Info, News · Tagged: National Real Estate Update on CBC's Lang & O'Leary
NEW – Bay Adelaide Sublease – 333 Bay Street Downtown Toronto
Filed Under Available Office Space Toronto, Brokers Letters, Financial Core, Offices Under 3,000 sf · Tagged: commercial office space, Commercial Real Estate Toronto, NEW - Bay Adelaide Sublease - 333 Bay Street Downtown Toronto, office rent toronto, office rentals toronto, office search toronto, office space in toronto, Office Space Toronto, Toronto Office Space, toronto offices for lease
I posted this sublease on various website. Lets see what gets the most traction.
OfficeZilla.ca – my personal favorite but I’m biased
Kijiji – a close second
Craigslist – meh, it’s losing its hutzpa
Bizcaf – nice that it posts to twitter for you but it’s more spam than anything else
Do you have any other sites to recommend?
Downtown West Office Space for Lease in Toronto – May 2012
Filed Under Available Office Space Toronto, Brokers Letters, Downtown West, Office Space Deals, Offices Over 3,000 sf, Offices Under 3,000 sf · Tagged: Atlantic Avenue, Bathurst Street, Commercial Real Estate Toronto, cost of downtown toronto space, Downtown West Office Space for Lease in Toronto - May 2012, Dufferin Street, Duncan Street, East Liberty, John Street, King Street, leasing companies downtown toronto, LinkedIn Spadina Ave, office lease price toronto downtown, office lease prices toronto, office rent downtown toronto, office rent toronto, office rentals toronto, office search toronto, office space for rent in toronto, office space for rent toronto, office space in toronto, office space in toronto price, office space price in toronto, Office Space Toronto, offices for lease toronto, queen street, rent office toronto, Richmond Ave, small office space toronto, Soho Street, sublet office toronto, toronto loft spaces for rent, toronto office lease, toronto office leases, Toronto office real estate blog, toronto office rent, toronto office rentals, Toronto Office Space, toronto offices for lease, toronto recent listings, Wellington Street
Over the last few weeks it has been difficult to find quality office space for lease in the Downtown West Brick and Beam market. The attached space are the best options I have toured through the month of April. If you are interested in receiving more information on any of these listings, call me at 416-643-3713 or E-mail Us Here!
30 Duncan Street – more info
317 Adelaide Avenue West – more info
165 John Street – more info
540 Richmond Avenue West – more info
We are tracking some great space out there! 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 Net Rental Rate (psf) |
Asking Estimated Additional Rent (psf) | Asking Gross Rental Rate (psf) | Asking Monthly Rate |
| 1 Pardee Avenue | 4,585 | $12.00 | $6.04 | $18.04 | $6,892.78 |
| 110 Spadina Avenue | 2,832 | $28.00 | $1.25 | $29.25 | $6,903.00 |
| 111 Peter Street | 2,762 | $15.00 | $15.76 | $30.76 | $7,079.93 |
| 111 Peter Street | 4,137 | $15.00 | $15.76 | $30.76 | $10,604.51 |
| 111 Peter Street | 1,664 | $15.00 | $15.76 | $30.76 | $4,265.39 |
| 116 Spadina Avenue | 2,132 | $18.75 | $10.40 | $29.15 | $5,178.98 |
| 119 Spadina Avenue | 2,223 | $18.75 | $14.85 | $33.60 | $6,224.40 |
| 1207 King Street W | 5,000 | $20.00 | $7.20 | $27.20 | $11,333.33 |
| 147 Spadina Avenue | 1,690 | $10.75 | $14.75 | $25.50 | $3,591.25 |
| 171 East Liberty Street | 4,500 | $25.00 | $9.13 | $34.13 | $12,798.75 |
| 179 John Street | 3,752 | $17.00 | $16.81 | $33.81 | $10,571.26 |
| 19 Duncan Street | 2,046 | $18.50 | $11.02 | $29.52 | $5,033.16 |
| 19 Mercer Street | 2,499 | $28.00 | $28.00 | $5,831.00 | |
| 191 John Street | 2,535 | $32.00 | $32.00 | $6,760.00 | |
| 200 Adelaide Street W | 4,729 | $22.00 | $16.21 | $38.21 | $15,057.92 |
| 200 Front Street W | 2,429 | $18.00 | $24.10 | $42.10 | $8,521.74 |
| 200 Front Street W | 3,530 | $18.00 | $24.10 | $42.10 | $12,384.42 |
| 200 Wellington Street W | 3,419 | $15.00 | $28.98 | $43.98 | $12,530.64 |
| 200 Wellington Street W | 3,679 | $15.00 | $28.98 | $43.98 | $13,483.54 |
| 219 Dufferin Street | 1,590 | $17.25 | $10.18 | $27.43 | $3,634.48 |
| 219 Dufferin Street | 3,459 | $18.25 | $10.18 | $28.43 | $8,194.95 |
| 225 King Street W | 3,498 | $15.00 | $27.79 | $42.79 | $12,473.29 |
| 23 Fraser Avenue | 4,585 | $12.00 | $6.04 | $18.04 | $6,892.78 |
| 277 Front Street W | 3,662 | $15.00 | $18.79 | $33.79 | $10,311.58 |
| 30-34 Duncan Street | 4,131 | $20.00 | $8.81 | $28.81 | $9,917.84 |
| 310 Front Street W, Tower A | 1,571 | $17.00 | $20.43 | $37.43 | $4,900.21 |
| 312 Adelaide Street W | 4,199 | $18.00 | $12.44 | $30.44 | $10,651.46 |
| 317 Adelaide Street W | 3,908 | $29.00 | $29.00 | $9,444.33 | |
| 317-325 Adelaide Street W | 3,325 | $29.00 | $29.00 | $8,035.42 | |
| 33-35 Fraser Avenue | 3,318 | $15.75 | $12.50 | $28.25 | $7,811.13 |
| 355 Adelaide Street W | 2,191 | $28.00 | $3.00 | $31.00 | $5,660.08 |
| 370 King Street W | 1,916 | $15.00 | $17.31 | $32.31 | $5,158.83 |
| 379 Queen Street W | 4,660 | $32.50 | $32.50 | $12,620.83 | |
| 388 King Street W | 2,084 | $21.00 | $21.00 | $3,647.00 | |
| 45 Camden Street | 2,698 | $30.00 | $30.00 | $6,745.00 | |
| 457 Richmond Street W | 1,943 | $15.00 | $6.50 | $21.50 | $3,481.21 |
| 49 Bathurst Street | 2,500 | $18.00 | $8.30 | $26.30 | $5,479.17 |
| 49 Fraser Avenue | 3,394 | $18.50 | $16.27 | $34.77 | $9,834.12 |
| 504 Wellington Street W | 3,454 | $18.00 | $12.32 | $30.32 | $8,727.11 |
| 504 Wellington Street W | 2,382 | $18.00 | $12.32 | $30.32 | $6,018.52 |
| 530 Richmond Street W | 2,310 | $30.00 | $30.00 | $5,775.00 | |
| 543 Richmond Street W | 1,944 | $14.00 | $9.95 | $23.95 | $3,879.90 |
| 543 Richmond Street W | 2,297 | $14.00 | $9.95 | $23.95 | $4,584.43 |
| 543 Richmond Street W | 3,589 | $14.00 | $9.95 | $23.95 | $7,163.05 |
| 555 Richmond Street W | 2,650 | $18.50 | $11.95 | $30.45 | $6,724.38 |
| 555 Richmond Street W | 1,572 | $18.50 | $11.95 | $30.45 | $3,988.95 |
| 579 Richmond Street W | 2,232 | $15.00 | $11.05 | $26.05 | $4,845.30 |
| 720 King Street W | 2,678 | $16.00 | $14.90 | $30.90 | $6,895.85 |
| 720 King Street W | 2,300 | $16.00 | $14.90 | $30.90 | $5,922.50 |
| 860 Richmond Street W | 4,251 | $15.00 | $12.62 | $27.62 | $9,784.39 |
| 901 King Street W | 1,642 | $21.50 | $16.24 | $37.74 | $5,164.09 |
| 901 King Street W | 3,220 | $21.50 | $16.24 | $37.74 | $10,126.90 |
| 99 Atlantic Avenue | 2,400 | $18.00 | $12.31 | $30.31 | $6,062.00 |
| 99 Spadina Avenue | 3,000 | $10.00 | $24.78 | $34.78 | $8,695.00 |
