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• Although Q4 2020 has brought good news on the vaccine front and removing some of the overall economic uncertainty, we are not in the clear yet and some asset types will take longer to rebound than others.
• The office market continues to experience rising vacancy, predominantly due to rising downtown sublet space. This corresponds with office attendance levels, which are trending below 15% in downtowns, compared to around 30% in the suburbs.
• After a brief pause in activity earlier in the pandemic, the industrial market continued to tighten in Q4 2020. Despite some weakness in bricks and mortar and restaurant distribution as well as in experiential users, strong demand from e-commerce and grocery users drove vacancy down and rents stable.
• The first half of 2021 will remain difficult for many. However, like in 2020, as summer 2021 approaches the economy is expected to thaw. This economic rebound will pick up steam as the vaccine rollout reaches completion.
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1. Available Properties
Address Building Name
1 326 Adelaide Street W, Toronto The Royal Building
2 425 Adelaide Street W, Toronto Adelaide-Brant Centre
3 111 Peter Street, Toronto Toronto New Media Centre
4 217 Richmond Street W, Toronto Gelber Building
5 555 Richmond Street W, Toronto The Tower
6 96 Spadina Avenue, Toronto
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto
2. FOR LEASE
THE ROYAL BUILDING TORONTO, ONTARIO
326 Adelaide Street W
Location
North side of Adelaide Street, east of Peter Street
Property Characteristics
• Total Available % - 9.31 % • Total Rentable Area - 15,614.00 sf • Year Renovated - 1968
• Building Class - C • Total # of Floors - 6 • Typical Floor Size - 3,123.00 sf
• Total Available Area - 1,455.00 sf • Year Built - 1968
Building Expenses
• Expense Year - 2010
Parking Public parking nearby
Availability Information
Suite Available Area Asking Rental Available Date Suite Comments
Term
300 Total Area 1,455.00 sf $11.75 psf/a Net Immediate Full floor opportunity. Open space.
$10.25 expenses Open
For further information, please contact
Mr. Chris Fyvie Colliers International
P: [1] 416-643-3713 1 Queen Street East
C: [1] 416-992-9869 Suite 2200 P: [1] 416-777-2200
chris.fyvie@colliers.com Toronto, ON M5C 2Z2 F: [1] 416-777-2277
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto
3. FOR LEASE
TORONTO NEW MEDIA CENTRE TORONTO, ONTARIO
111 Peter Street
Location
East side of Peter Street, south of Richmond Street
Building Description
Net rent includes a $15 psf tenant improvement allowance.
Property Characteristics
• Total Available % - 16.53 % • Total Rentable Area - 236,252.00 sf • Year Renovated - 1972
• Building Class - A • Total # of Floors - 9 • Typical Floor Size - 26,250.00 sf
• Total Available Area - 39,056.00 sf • Year Built - 1972
Building Expenses
• Expense Year - 2010 • Total Expenses - $15.33 psf/a
Parking Public parking in vicinity - indoor parking ratio is 1:2,900 and cost is $250 per stall per month.
Availability Information
Suite Available Area Asking Rental Available Date Suite Comments
Term
104 Total Area 1,353.00 sf $15.00 psf/a Net Immediate Additional expenses include: Operating Costs,
$15.33 expenses Open Realty taxes, Hydro
105 Total Area 932.00 sf $15.00 psf/a Net Immediate Additional expenses include: Operating Costs,
$15.33 expenses Open Realty taxes, Hydro
107 Total Area 955.00 sf $15.00 psf/a Net Immediate Additional expenses include: Operating Costs,
$15.33 expenses Open Realty taxes, Hydro
407 Total Area 971.00 sf $15.00 psf/a Net Immediate Additional expenses include: Operating Costs,
$15.33 expenses Open Realty taxes, Hydro
409 Total Area 1,193.00 sf $15.00 psf/a Net Immediate Additional expenses include: Operating Costs,
$15.33 expenses Open Realty taxes, Hydro
628 Total Area 1,310.00 sf $15.00 psf/a Net Immediate Additional expenses include: Operating Costs,
$15.33 expenses Open Realty taxes, Hydro
903x Total Area 1,245.00 sf $15.00 psf/a Net Immediate
$15.33 expenses Open
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto
4. FOR LEASE
TORONTO NEW MEDIA CENTRE TORONTO, ONTARIO
continued
For further information, please contact
Mr. Chris Fyvie Colliers International
P: [1] 416-643-3713 1 Queen Street East
C: [1] 416-992-9869 Suite 2200 P: [1] 416-777-2200
chris.fyvie@colliers.com Toronto, ON M5C 2Z2 F: [1] 416-777-2277
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto
5. FOR LEASE
ADELAIDE-BRANT CENTRE TORONTO, ONTARIO
425 Adelaide Street W
Location
Southeast corner of Adelaide Street and Brant Street
Building Description
Janitorial costs are extra.
Traditional style office premises.
Property Characteristics
• Total Available % - 19.88 % • Total Rentable Area - 78,758.00 sf • Year Renovated - 1989
• Building Class - B • Total # of Floors - 10 • Typical Floor Size - 8,751.00 sf
• Total Available Area - 15,663.00 sf • Year Built - 1989
Building Expenses
• Expense Year - 2010 • Operating - $15.06 psf/a • Total Expenses - $15.06 psf/a
Parking Undergound parking available, ratio is 1:2100 and cost is $85 per spot per month.
Availability Information
Suite Available Area Asking Rental Available Date Suite Comments
Term
202 Total Area 1,669.00 sf $10.00 psf/a Net Immediate Base Building and ready for improvementsGross
$15.06 expenses Open Rent excludes in-suite janitorial.
805 Total Area 1,000.00 sf $10.00 psf/a Net Immediate
$15.06 expenses Open
For further information, please contact
Mr. Chris Fyvie Colliers International
P: [1] 416-643-3713 1 Queen Street East
C: [1] 416-992-9869 Suite 2200 P: [1] 416-777-2200
chris.fyvie@colliers.com Toronto, ON M5C 2Z2 F: [1] 416-777-2277
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto
6. FOR LEASE
GELBER BUILDING TORONTO, ONTARIO
217 Richmond Street W
Location
Southwest corner of Richmond Street and Duncan Street
Property Characteristics
• Total Available % - 4.15 % • Total Rentable Area - 37,000.00 sf • Year Renovated - 1945
• Building Class - B • Total # of Floors - 5 • Typical Floor Size - 9,250.00 sf
• Total Available Area - 1,537.00 sf • Year Built - 1945
Building Expenses
• Expense Year - 2010 • Operating - $15.00 psf/a • Total Expenses - $15.00 psf/a
Availability Information
Suite Available Area Asking Rental Available Date Suite Comments
Term
300 Total Area 1,537.00 sf $15.00 psf/a Net Immediate
$15.00 expenses Open
For further information, please contact
Mr. Chris Fyvie Colliers International
P: [1] 416-643-3713 1 Queen Street East
C: [1] 416-992-9869 Suite 2200 P: [1] 416-777-2200
chris.fyvie@colliers.com Toronto, ON M5C 2Z2 F: [1] 416-777-2277
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto
7. FOR LEASE
THE TOWER TORONTO, ONTARIO
555 Richmond Street W
Location
South side of Richmond Street, east of Bathurst Street
Property Characteristics
• Total Available % - 10.92 % • Total Rentable Area - 254,880.00 sf • Year Renovated - 1959
• Building Class - B • Total # of Floors - 12 • Typical Floor Size - 10,088.00 sf
• Total Available Area - 27,855.00 sf • Year Built - 1988
Building Expenses
• Expense Year - 2010 • Operating - $10.85 psf/a • Total Expenses - $10.85 psf/a
Parking Public parking nearby.
Availability Information
Suite Available Area Asking Rental Available Date Suite Comments
Term
1007 Total Area 1,572.00 sf Rate Negotiable 2011-01-01 Sublease
$10.85 expenses To 2012-05-30 - Lease Rate: Negotiable. 2 offices, open area,
highexposure ceilings, terrific views to the west
For further information, please contact
Mr. Chris Fyvie Colliers International
P: [1] 416-643-3713 1 Queen Street East
C: [1] 416-992-9869 Suite 2200 P: [1] 416-777-2200
chris.fyvie@colliers.com Toronto, ON M5C 2Z2 F: [1] 416-777-2277
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto
8. FOR LEASE
96 Spadina Avenue TORONTO, ONTARIO
Location
Spadina Avenue and Adelaide Street West
Building Description
Additional rent excludes hydro and in-suite janitorial costs.
Property Characteristics
• Total Available % - 20.71 % • Total Rentable Area - 86,957.00 sf • Year Renovated - 1938
• Building Class - A • Total # of Floors - 9 • Typical Floor Size - 10,870.00 sf
• Total Available Area - 18,010.00 sf • Year Built - 1938
Building Expenses
• Expense Year - 2010 • Operating - $9.36 psf/a • Total Expenses - $9.36 psf/a
Parking Public parking in the immediate vicinity
Availability Information
Suite Available Area Asking Rental Available Date Suite Comments
Term
208 Total Area 1,363.00 sf Rate Negotiable Immediate
$9.36 expenses Open
For further information, please contact
Mr. Chris Fyvie Colliers International
P: [1] 416-643-3713 1 Queen Street East
C: [1] 416-992-9869 Suite 2200 P: [1] 416-777-2200
chris.fyvie@colliers.com Toronto, ON M5C 2Z2 F: [1] 416-777-2277
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no
guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content,
accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes
unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising
there from. Colliers International is a worldwide affiliation of independently owned and operated companies.
www.colliersmn.com/Toronto