october 2008 cushman & wakefield lepage inc. · cushman & wakefield lepage inc. please...

Cushman & Wakefield LePage Inc.

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Downtown Fringe Report

October 2008

HeadLease

490 Adelaide Street West

226 Bathurst Street

595 Bay Street

460 College Street

567 College Street

00 Commissioners Street

65 Front Street East

42 Gladstone Avenue

35 Golden Avenue

441 Jarvis Street

150 John Street

7 Labatt Avenue

10 Lower Spadina Avenue

16 Munition Street

49 Niagara Street

111 Peter Street

379-381 Queen Street West

477 Queen Street West

HeadLease

370 Queens Quay West

24 Ryerson Avenue

110 Sudbury Street

60 Sumach Street

5-7 The Esplanade

425 University Avenue

454 Yonge Street

25 York Street

Sub-Lease

345 Adelaide Street West

35-39 Front Street East

370 King Street West



67 Mowat Avenue

80 Peter Street

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

of 35

HeadLease

October 2008

Cushman & Wakefield LePage Inc. - Downtown Fringe Report

490 Adelaide Street West, Toronto

Additional Rent: Location:

the north side of Adelaide Street, one block east of Bathurst Street.

Stage of Completion: Existing

Tim Novak

416-756-5430

Floor # Sq. Ft. Available Lease ExpiryAsking Rate Listing CommentsSuite

lower level 1,368 Immediately$18.00 Semi-Gross Quoted semi-gross rent excludes hydro. Brick and beam space with abundant natural light. Freight elevator shipping. Renovated open space.


of 35

HeadLease

October 2008


226 Bathurst Street , Toronto


west side of Bathrust Street, north of Queen Street West


Tim Novak

416-756-5430

David Macey

416-359-2479


lower level 2,611 Immediately$20.50 Semi-Gross Mix of offices and open area. Wheelchair accessible. Entire building potentially available.

1 2,611 Immediately$20.50 Semi-Gross Mix of offices and open area. Wheelchair accessible. Entire building potentially available.


of 35

HeadLease

October 2008


595 Bay Street , Toronto

Additional Rent:

$20.56 2008

Location:

northeast corner Bay Street and Dundas Street West


Derek Woodburn

416-359-2350

Jay Littlejohn

416-359-2708


10 4,500 ImmediatelyNegotiable Elevator exposure, high-end improvements, great views. 595 Bay Street.

10 6,803 ImmediatelyNegotiable Open plan, great natural light, Dundas Square views. 20 Dundas Street West.


of 35

HeadLease

October 2008


460 College Street , Toronto

Additional Rent:

$8.50 2008

Location:

on College Street, just west of Bathurst Street


Tim Novak

416-756-5430

Arlin Markowitz

416-756-5413


1 2,000 Immediately$25.00 Net Full main floor with 1,200 sf on the lower level (windows above grade). They must be leased as a whole. Complete retrofit with new HVAC, flooring, and plumbing. Good natural light. Signature building opportunity. Self contained units (private washrooms, separately metered).


of 35

HeadLease

October 2008


567 College Street , Toronto

Additional Rent:

$15.00 2008

Location:

southwest corner of College Street and Manning Avenue


David Macey

416-359-2479


lower level 1,190 Immediately$10.00 Net Great for professional tenants. Existing infrastructure for doctors/dentists.

2 1,013 Immediately$10.00 Net Great for professional tenants. Existing infrastructure for doctors/dentists.201

2 1,150 Immediately$10.00 Net Great for professional tenants. Existing infrastructure for doctors/dentists.202


of 35

HeadLease

October 2008


00 Commissioners Street , Toronto

Additional Rent:

$7.50 2010

Location:

Don Roadway and Commissioners Street

Stage of Completion: Firmly Proposed

Lee Billinkoff

416-359-2633

Sue Nhieu

416-359-2526

Eric Shaw

416-359-2425


entire building 220,000 1/1/2010Negotiable Construction expected to commence in 2008. Building expected to be completed in 2010. Taxes and operating costs ranges from $6 to $8 per annum (2010 estimate).


of 35

HeadLease

October 2008


65 Front Street East, Toronto


At the intersections of Church, Front and Wellington Streets on the southeast corner.


Sue Nhieu

416-359-2526


3 2,988 Immediately$37.00 Semi-Gross Quoted semi-gross rent excludes in-suite janitorial. High ceilings and exposed brick throughout. Top floor; built out with eight offices, storage, and open area.


of 35

HeadLease

October 2008


42 Gladstone Avenue , Toronto


just north of Queen Street West


Tim Novak

416-756-5430


2 6,000 Immediately$25.00 Semi-Gross Quoted semi-gross rate excludes hydro. Painted brick and beam throughout. 13 ft. ceilings. Can be divided to 3,180 sq. ft. Quality improvements coming. Extensive renovations underway including new HVAC, polished concrete floors, paint, new windows, etc.


of 35

HeadLease

October 2008


35 Golden Avenue , Toronto


at Bathurst, south of King


Tim Novak

416-756-5430


entire building 44,500 Immediately$15.00 Semi-Gross Quoted semi-gross rate excludes hydro. Premises consist of an office portion of 4,790 sf and a studio or light manufacturing portion of 40,000 sf. Wood/concrete floors throughout. 13 to 16 ft. ceilings. Truck level and drive-in shipping. Ideal for creative office, film, TV production, or light manufacturing.


of 35

HeadLease

October 2008


441 Jarvis Street , Toronto


located on the east side of Jarvis Street mid-block between Wellesley Street and Carlton Street


Eric Shaw

416-359-2425


lower level 840 ImmediatelyNegotiable Quoted rent is $4,500 per month. Boardroom and three large offices. Space could work very well for small professional user (i.e., lawyer, architect, investment firm).

1 454 ImmediatelyNegotiable Quoted rent is $4,500 per month. One large office, private bathroom, and reception area. Space could work very well for small professional user (i.e., lawyer, architect, investment firm).

3 1,130 ImmediatelyNegotiable Quoted rent is $3,500 per month. Two large offices/meeting rooms, storage, reception area, and private bathroom. Space could work very well for small professional user (i.e., lawyer, architect, investment firm).


of 35

HeadLease

October 2008


150 John Street , Toronto

Additional Rent:

$17.50 2008

Location:

On the northwest corner of Richmond Street and John Street.


Peter Cook

416-359-2404

Tim Novak

416-756-5430


7 5,287 Immediately$18.00 Net Quality views of downtown core. Existing improvements in place. Landlord will paint and carpet.


of 35

HeadLease

October 2008


7 Labatt Avenue , Toronto


Queen Street East & River Street


Tim Novak

416-756-5430


1 3,000 Immediately$14.00 Semi-Gross Quoted semi-gross rent excludes hydro. Open brick and beam with 16 ft. ceilings. Air-conditioned, direct access to 2 x truck level shipping.

100

2 2,500 Immediately$17.00 Semi-Gross Quoted semi-gross rent excludes hydro. Five private offices, washroom, open space, t-bar ceilings. Private office/boardroom with balcony.

200

3 5,000 Immediately$17.00 Semi-Gross Quoted semi-gross rent excludes hydro. Five private offices, washroom, open space, t-bar ceilings. Private office/boardroom with balcony.

300


of 35

HeadLease

October 2008


10 Lower Spadina Avenue , Toronto

Additional Rent:

$14.32 2008

Location:

On the northwest corner of Spadina Avenue and Queens Quay.


John Langton

416-359-2414

Ted Reilly

416-359-2485


2 6,281 Immediately$15.00 Net Built-out. Full floor.200-201

3 8,940 Immediately$15.00 Net Built-out. Full floor.301-304


of 35

HeadLease

October 2008


16 Munition Street , Toronto


Cherry Street and Commisioner Road


Tim Novak

416-756-5430

Paul Howitt

416-756-5457


1 2,000 Immediately$24.00 Semi-Gross Quoted semi-gross rent is $4,000 per month. Two interconnected video editing suites with equipment consoles and office area. Tape storage room. Full boardroom access. Climate controlled suites. Fully alarmed system.


of 35

HeadLease

October 2008


49 Niagara Street , Toronto


Bathurst Street and Wellington Street West


Tim Novak

416-756-5430


2 2,000 Immediately$23.00 Semi-Gross Quoted semi-gross rent excludes gas and hydro. Exclusive main floor entrance. Private offices with large open areas. Wood floors throughout. Self-contained washrooms and kitchen. Ideal for film or TV production.


of 35

HeadLease

October 2008


111 Peter Street , Toronto

Additional Rent:

$14.41 2008

Location:

On the East side of Peter Street, South of Richmond Street


Eric Shaw

416-359-2425

Sue Nhieu

416-359-2526

Lee Billinkoff

416-359-2633


1 932 Immediately$18.00 Net Turnkey allowance of up to $20 psf included in net rate.105

2 4,137 Immediately$18.00 Net Turnkey allowance of up to $20 psf included in net rate.230



4 2,809 11/1/2008$18.00 Net Turnkey allowance of up to $20 psf included in net rate.408

4 1,196 11/1/2008$18.00 Net Turnkey allowance of up to $20 psf included in net rate.410






of 35

HeadLease

October 2008



Additional Rent:

$14.41 2008

Location:

On the East side of Peter Street, South of Richmond Street


Eric Shaw

416-359-2425

Sue Nhieu

416-359-2526

Lee Billinkoff

416-359-2633







of 35

HeadLease

October 2008


379-381 Queen Street West, Toronto


southwest corner of Queen Street West and Peter Street


David Macey

416-359-2479


2 4,660 Immediately$32.50 Semi-Gross Private patio, open concept. Mix of brick and beam traditional office. Clean state, flexible space. Ideal branding opportunity.

3 3,140 Immediately$32.50 Semi-Gross Private patio, open concept. Mix of brick and beam traditional office. Clean state, flexible space. Ideal branding opportunity.


of 35

HeadLease

October 2008


477 Queen Street West, Toronto

Additional Rent:

$11.00 2008

Location:

on the south side of Queen Street West, west of Spadina Avenue


Jared Collis

416-359-2542

David Rose

416-359-2556


3 6,730 Immediately$22.00 Net Brand new office space in trendy Queen West area. Built to suit tenant. Full floor opportunity. Landlord will provide a tenant allowance to build out space.


of 35

HeadLease

October 2008


370 Queens Quay West, Toronto

Additional Rent:

$11.50 2007

Location:

north side of Queens Quay West, near Spadina Avenue


Mike Brown

416-756-5416


2 2,151 Immediately$14.00 Net202

3 4,838 Immediately$14.00 Net Lots of light. Windows on both sides of suite.301


of 35

HeadLease

October 2008


24 Ryerson Avenue , Toronto


north of Queen, east of Bathurst


Tim Novak

416-756-5430


2 3,200 Immediately$26.00 Semi-Gross Full floor. Exposed brick and beam throughout. Ample natural light. Flexible square footage and layout. Quality improvements to the building.


of 35

HeadLease

October 2008


110 Sudbury Street , Toronto

Additional Rent:

$6.80 2006

Location:

In the King and Dufferin area, just south of Queen Street off Lisgar Street.


Tim Novak

416-756-5430

Peter Cook

416-359-2404


1 - 31 Lisgar Street

6,085 Immediately$6.00 Net Industrial space. Flexible build-out, high ceilings, offices plus production area.


6,895 Immediately$6.00 Net Industrial space.


14,132 Immediately$6.00 Net Can be used either for office or industrial. Mix of office and open area.


4,941 Immediately$6.00 Net Combination of offices and open space. Term is flexible.201A


of 35

HeadLease

October 2008


60 Sumach Street , Toronto


between King Street East and Queen Street East


Tim Novak

416-756-5430


1 800 Immediately$26.00 Semi-Gross Open plan. Brick and beam with 14 ft. ceilings.


of 35

HeadLease

October 2008


5-7 The Esplanade , Toronto

Additional Rent:

$22.00 2011

Location:

southeast corner of The Esplanade and Yonge Street

Stage of Completion: Firmly Proposed

Jay Littlejohn

416-359-2708

Geoff Moffat

416-359-2534


entire building 280,000 1/1/2011Negotiable Floors 1 and 2 are approximately 24,000 sf each. Floors 3 through 19 are approximately 15,000 sf each.


of 35

HeadLease

October 2008


425 University Avenue , Toronto

Additional Rent:

$15.60 2008

Location:

On the east side of University Avenue, just south of Dundas Street.


Derek Woodburn

416-359-2350

Ted Reilly

416-359-2485


3 1,672 Immediately$14.00 Net Base building, turnkey available.302

3 1,266 Immediately$14.00 Net Open with one office and new carpet.304

5 999 Immediately$14.00 Net Base building, turnkey available.501

6 1,121 Immediately$14.00 Net Two offices, boardroom, kitchen.601

6 1,319 Immediately$14.00 Net Three offices, telco room.603


of 35

HeadLease

October 2008


454 Yonge Street , Toronto

Additional Rent:

$15.41 2008

Location:

on the west side of Yonge Street, just north of College Street.


Tim Novak

416-756-5430


2 191 Immediately$11.50 Net Single private offices or combine for growth. Full HVAC. Available for a minimum one-year term.






of 35

HeadLease

October 2008


25 York Street , Toronto

Additional Rent:

$22.00 2009

Location:

northeast corner of Bremner Boulevard and York Street (south of Union Station)

Stage of Completion: Under Construction

Doug Hitchcox

416-359-2473

Lee Billinkoff

416-359-2633

Michael Case

416-359-2495


6 13,426 6/1/2009Negotiable Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).








of 35

HeadLease

October 2008


25 York Street , Toronto

Additional Rent:

$22.00 2009

Location:

northeast corner of Bremner Boulevard and York Street (south of Union Station)

Stage of Completion: Under Construction

Doug Hitchcox

416-359-2473

Lee Billinkoff

416-359-2633

Michael Case

416-359-2495







of 35

Sub-Lease

October 2008


345 Adelaide Street West, Toronto


Located on the south side of Adelaide Street, between Spadina Avenue and Peter Street.


Derek Woodburn

416-359-2350


6 6,000 12/1/2008 8/30/2010$26.50 Semi-Gross Quoted semi-gross rate excludes utilities. Landlord willing to extend term. Entire top floor of a brick and beam building. Painted brick with wood post and beams throughout. High ceilings and exposed spiral HVAC ducts. Mainly open concept with reception area, boardroom, meeting rooms, kitchen, lounge, server room with cooling. Funky space; conducive to a creative work environment. Very bright with windows on all four sides and two skylights.

600


of 35

Sub-Lease

October 2008


35-39 Front Street East, Toronto

Additional Rent:

$19.94 2007

Location:

On the south side of Front Street, between Yonge Street and Church Street.


Lee Billinkoff

416-359-2633

Sue Nhieu

416-359-2526


4 8,040 Immediately 2/28/2010Negotiable Top floor with skylights; elevator opens into space. Built out with eight offices, boardroom, lunchroom, open area, and exclusive patio. Potential for underground parking.

37 Front St E


of 35

Sub-Lease

October 2008


370 King Street West, Toronto

Additional Rent:

$16.70 2008

Location:

On the north side of King Street West, between Widmer Street and Peter Street.


Jared Collis

416-359-2542

Lee Billinkoff

416-359-2633

Sue Nhieu

416-359-2526


5 6,720 Immediately 11/29/2012Negotiable Open concept with new carpet. Exclusive outdoor terrace.


of 35

Sub-Lease

October 2008



Additional Rent:

$12.87 2008

Location:

1 building west of the north corner of King Street and Bathurst Street


Lee Billinkoff

416-359-2633

Geoff Moffat

416-359-2534


8 5,600 Immediately 8/30/2011Negotiable Plug and play. Ideal for technology or call centre company. State-of-the-art voice/data infrastructure. Great views all around.


of 35

Sub-Lease

October 2008



Additional Rent:

$15.84 2008

Location:

On the southeast corner of King Street West and Strachan Avenue, just west of Bathurst Avenue.


Denise Rispolie

416-359-2667

Richard Haig

416-359-2448

Phil Dowd

416-359-2419


1 1,347 Immediately 4/29/2011Negotiable Currently used as a facilities office.

1 10,246 Immediately 4/29/2011Negotiable Raised floor throughout. Lab space, meeting rooms.

2 35,685 Immediately 4/29/2011Negotiable Full floor. Built in reception, open area with interior offices, large boardroom, large kitchen.


of 35

Sub-Lease

October 2008


67 Mowat Avenue , Toronto



Eric Shaw

416-359-2425


5 3,624 11/1/2008 9/30/2010$30.00 Semi-Gross Move-in condition. Exposed brick. Build out consists of three offices (all on glass), meeting room, boardroom, open area, and kitchenette. Excellent views of the financial core area. Head landlord is willing to extend the term.


of 35

Sub-Lease

October 2008



Additional Rent:

$17.65 2008

Location:

On the northwest corner of King and Peter Streets, 4 blocks west of Simcoe Street.


Geoff Moffat

416-359-2534

Sue Nhieu

416-359-2526


1 & 2 7,200 Immediately 2/27/2010Negotiable Prominent street exposure in entertainment district. Exterior building signage opportunity. Private entrance.


october 2008 cushman & wakefield lepage inc. · cushman & wakefield lepage inc. please...

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