Brookfield Properties Completes 76,000 Square Feet of Leasing at Toronto’s New Bay Adelaide Centre
April 15, 2010
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Brookfield Properties Corp and its Canadian-based subsidiary BPO Properties Ltd announces that it has executed two new leases totaling 76,000 square feet at its newest office building, Bay Adelaide Centre in Toronto.
Thompson Reuters will occupy 59,000 square feet and Barclays Capital will occupy 17,000 square feet. They will join current tenants that include KPMG, Goodmans LLP, Heenan Blaikie and Fasken Martineau. The building opened in September 2009.
“We’re excited to welcome these two respected companies to our already impressive tenant base at Bay Adelaide Centre,” says Tom Farley, President and CEO of Brookfield Properties’ Canadian Commercial Operations. “As the first brand new building in Toronto’s core in 18 years, Bay Adelaide Centre offers a prime location and the highest quality office space on the market.”
Bay Adelaide Centre is a 51-storey, 1.2-million-square-foot Class AAA office building which integrates the façade of the historic National Building. Designed by architects WZMH Partners, the building’s interior features a sophisticated and contemporary design with its main lobby rising 28 feet floor-to-ceiling. The lobby also features a creative light installation by world-renowned artist James Turrell.
The property features 40,000 square feet of concourse level retail, providing the final north-south link to the PATH underground pedestrian walkway. Adjacent to the office tower is a half-acre urban public park, as well as a 1,100-stall parking garage.
The building was designed and built to meet the LEED Gold standard for environmental friendliness.
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