News   Dec 20, 2024
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News   Dec 20, 2024
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  1. M

    Toronto Bay Adelaide Centre | 217.92m | 51s | Brookfield | KPMB

    +1 This might look boring to people but remember as a TENANT you want a square or rectangle. It's the most efficient, it's the easiest to move/shuffle groups/people as needed and it ends up being the most cost effective while also giving a good amount of light and ease of use for the tenant...
  2. M

    Toronto's best residential streets

    Conrad Ave, a short street that ends at Hillcrest Park is very nice, stately and unique to the area. Lyndhurst Ave just north of Casa Loma is a beautiful street High Park Blvd. between Sunnyside & Parkside A lot of people are going to pick out the grand Avenues like those above and the...
  3. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    Why would it screw up any other towers? If anything it took a lot of space off the market and made it tighter. OMERS wasn't going to move anywhere else and could have easily stayed where it was. Same goes for Oxford. They leased the space because they weren't getting the leasing traction they...
  4. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    Five of those seven listed start with the word OMERS. You can start there and then think public market or private market or back office administration. Why have treasury departments in multiple entities? Or legal? Or corporate risk? Or pools of investment analysts? Why have one subsidiary own...
  5. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    No idea, but I would think that back office or lower esteemed groups might find themselves in 120 or 130 Adelaide. There is vacancy in those buildings and they are all connected so it would make sense. It's still two years away though.
  6. M

    400 University Ave (Re-Cladding Zurich, Quadrangle)

    Where's the vomiting emoticon when you need it? Yuck yuck yuck.
  7. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    I said 6-8 floors. I know Oxford has at least five but it's been a while since I've been in there and I can't remember. OMERS capital markets is in the building plus there is the whole Oxford call centre/310MAX space beside and behind Brooks Brothers. Borealis has space in the building and I...
  8. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    Kind of like saying Ford employees are going to start driving Chevrolets. Or Cadillac Fairview is going to move into a Brookfield building.
  9. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    Oxford has I think 6-8 floors of RBC plaza? OMERS occupies more than half of 1 University plus they have space in RBC Plaza as well for their capital markets group. Borealis is NOT Property Management it is a diversified infrastructure company (owns Bruce power, a gas company in the UK etc...)...
  10. M

    Toronto Richmond Adelaide Centre: EY Tower | 188.05m | 40s | Oxford Properties | Kohn Pedersen Fox

    The entire OMERS family (Oxford/Borealis/OMERS etc) is taking the remainder of the space in the building and it's now 100% leased.
  11. M

    Toronto Bay Adelaide Centre | 217.92m | 51s | Brookfield | KPMB

    Topping off ceremony on Nov 12th.
  12. M

    Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

    onathan Pierce, formerly SVP and Principal at Avison Young has left the firm to join Ivanhoe Cambridge to be responsible for the leasing of 45 Bay. Pierce is a true industry vet and an equity owner of Avison so this wouldn't happen unless there is a real "Go" on the project.
  13. M

    Toronto Union Centre | 298m | 54s | Westbank | Bjarke Ingels Group

    They are not "focused" on data centres but DO have more exposure to them than almost any other public company. 151 Front is a host agnostic carrier hotel and is one of the most important data centres in North America (though isn't a typical data centre). They would have a very hard time moving...
  14. M

    Toronto RBC WaterPark Place III | 140.2m | 30s | Oxford Properties | WZMH

    Oxford left 111 Richmond empty for years before they finally redeveloped it for Google. No one would lease 315 Front with a demo clause in it and Oxford wouldn't put someone in there and not be able to kick them out... So it will sit empty until they do something with the MTCC.
  15. M

    Toronto Scotiabank North Tower at Bay Adelaide Centre | 140.2m | 32s | Brookfield | KPMB

    They can only go up so far due to shadow restrictions on Nathan Philip square. I will want to push right to the limit on the height though. 100% office as mentioned. Preleasing begins after BAC East is finished. Will look like BAC East with square corners.
  16. M

    Toronto The Residences of 488 University Avenue | 206.95m | 55s | Amexon | Core Architects

    It's a dark interior for sure. I think they should have do striations on the glazing to echo the effect of the original. I'm sure the glass would be much more expensive that way but it could look striking.
  17. M

    Toronto The Residences of 488 University Avenue | 206.95m | 55s | Amexon | Core Architects

    This building was owned by a pension fund prior to Amexon. They sold it not because they didn't like the building but because of the liability stemming from the facade crumbling. Unfortunately the facade CAN NOT be saved. Full stop. Period. They were looking at ~$30M to put in curtain wall 10+...
  18. M

    Toronto Cumberland Square | 253.92m | 75s | KingSett Capital | Giannone Petricone

    RealInsite is a great source to use to see what is available but in this case Oxford leases their own space and does not use Brokers. Like Cadillac, Brookfield and many other major landlords they have a wholly internalized leasing team for their space. In the case of looking if they would tear...
  19. M

    Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

    While I don't think a glass box plunked on the top of the Dominion building would be considerate to that building I do think that a wedding caked tower behind it could be very interesting. If you cantilevered floating floors over the roof of the building (maybe starting about 40 feet up from the...
  20. M

    Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

    The Oxford owned CTT and the whole Brookfield Place co-ownership was a bit of a fiasco which saw people fired. Things may have changed but when it happened I'm almost certain the Oxford had the right to block or JV the development if it came to pass. Like I said, I don't know if it is still the...

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