Toronto The Globe and Mail Centre | 83.21m | 17s | First Gulf | Diamond Schmitt

Yesterday:


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November 20th:

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December 2nd update:

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I can't wait for this building to be done. The company I work for will be occupying a few floors here!
 
I can't wait for this building to be done. The company I work for will be occupying a few floors here!

Ha ! I know someone in the same boat, maybe you work for the same company ; ) I don't think this particular tenant has been announced yet though.

I believe with the tenant above this building is now ~ 75% leased I gather ... probably a huge success if you think about it ... other buildings closer to completion (e.g. BA east) have a more space avaialable, and given this is in the east end this was a risk without a doubt !
 
Will there be any light well along the east edge of this building allowing light into those windows above? Hmm.

Whatever happen there, nobody's maintaining a view out of those in the future.

42
 
Does your friend happen to work in the loyalty space ;)

Jeeze university is really losing a lot of offices lately. If air miles takes the same amount of spa e in this building as they have on university we may as well start calling this the air miles centre ;)
 
Jeeze university is really losing a lot of offices lately. If air miles takes the same amount of spa e in this building as they have on university we may as well start calling this the air miles centre ;)

Yep ! That's right ; - )

Why do you say University is loosing a lot though ? Recently all I can think of is Air Miles and the bank at the Zurich building. That's pretty normal in the eb and flow of the market, companies relocate. Actually I think '400 University Avenue' i.e. the Zurich building already managed to lease up most of the space !

One interesting point, air miles building now shows ~ 200K of contiguous spave available, about 2/3rd of the building ... that makes sense ... but I'm fairly sure they're only picking up 180 or so in King East Center. But as far as I'm aware they're tight on space and wanted room to expand ... so my only theory is again you'll see more downsizing of space per worker ... potentially allowing even more people in less space.

Something else I wonder about is; For a company like Air Miles, are they paying less rent now in King East Center ? I assume so but maybe not that much less, but its off a subway now that must account for a lot no !?
 
Yep ! That's right ; - )

Why do you say University is loosing a lot though ? Recently all I can think of is Air Miles and the bank at the Zurich building. That's pretty normal in the eb and flow of the market, companies relocate. Actually I think '400 University Avenue' i.e. the Zurich building already managed to lease up most of the space !

Zurich is no longer an anchor tenant of 400 University. They're now in First Canadian Place. HOK interior design will be moving to 400 University in the new year from their current location at King & Bathurst. Not sure about how much space they'll be taking up.
 

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