Tormick
Active Member
So did this deal fall through thenApologies:
|
|
|
Yonge Corporate Centre | ? | ? | Europro | ?
- Thread starter Kenojuak
- Start date
70Challenger
Active Member
I like how they build on top of the existing buildings without demolishing.
ProjectEnd
Superstar
The trade referenced earlier didn't work out as the parties had planned, but there is another version of that deal in the works.
1Ć0
Active Member
Europro, Partnered with Arista, Fieldgate Commercial and Paradise Commercial, Announces Acquisition of Yonge Corporate Centre
www.europro.ca
Europro, Partnered with Arista, Fieldgate Commercial and Paradise Commercial, Announces Acquisition of Yonge Corporate Centre, Strengthening Its Leadership In the North Yonge Corridor | Europro - Commercial Property Investment, Management and Leasing
Europro, along with Arista, Fieldgate Commercial and Paradise Commercial, are pleased to announce the acquisition of Yonge Corporate Centre (YCC), a premier three-building, Class-A office campus located at 4100–4150 Yonge Street in Toronto. Situated in the heart of North York and home to Auberge...
www.europro.ca
Northern Light
Superstar
Europro, Partnered with Arista, Fieldgate Commercial and Paradise Commercial, Announces Acquisition of Yonge Corporate Centre
Europro, Partnered with Arista, Fieldgate Commercial and Paradise Commercial, Announces Acquisition of Yonge Corporate Centre, Strengthening Its Leadership In the North Yonge Corridor | Europro - Commercial Property Investment, Management and Leasing
Europro, along with Arista, Fieldgate Commercial and Paradise Commercial, are pleased to announce the acquisition of Yonge Corporate Centre (YCC), a premier three-building, Class-A office campus located at 4100–4150 Yonge Street in Toronto. Situated in the heart of North York and home to Auberge...
The only clear statement of intent comes from the Europro and Paradise perspectives:
That said I don't recall Fieldgate Urban or Arista being big class A office operators, so I assume there is another shoe to drop.
Tormick
Active Member
So you think they're just in a equity position for the time being... or they'll add res? I don't know Fieldgate Urban. I'm assuming this is ARISTA Homes right
Tormick
Active Member
Fieldgate Urban is building this not far away
1Ć0
Active Member
$140m it looks like was acquisition price
Northern Light
Superstar
Renx story is out:
renx.ca
Its quite emphatic, the residential proposal here is dead in the water, this is staying 100% commercial.
The partners with residential experience are going to be relatively passive on this investment.
From the above:
Nathanson refers to Jesse Nathanson a Europro VP
Europro JV acquires Toronto’s Yonge Corporate Centre from CF
Europro, Arista, Fieldgate Commercial Properties and Paradise Commercial have acquired Toronto’s Yonge Corporate Centre from Cadillac Fairview for an undisclosed price.
renx.ca
Its quite emphatic, the residential proposal here is dead in the water, this is staying 100% commercial.
The partners with residential experience are going to be relatively passive on this investment.
From the above:
Nathanson refers to Jesse Nathanson a Europro VP