Transactions & Cases Detail



Transaction/Case Details

Oxford Properties Group leases the top floors of the new Oxford building to Ernst & Young

DATE CLOSED

June 12, 2013

BUSINESS SECTOR

Real Property / Construction

LEAD OFFICE

Toronto


OVERVIEW

On June 12, 2013, Oxford Properties Group announced that Ernst & Young LLP will be the lead tenant of Oxford Properties’ new development being constructed at 100 Adelaide Street West, between Bay and York Streets in Toronto’s downtown financial core. This is Ernst & Young’s largest lease transaction in Canada over the last 20 plus years.

The new tower, to be known as the Ernst & Young Tower, is scheduled for completion June, 2017, and once completed will be certified LEED Platinum and consist of 40 storeys with a total area of approximately 900,000 square feet. No additional terms of the lease were disclosed.

Oxford Properties Group, headquartered in Toronto, is a real estate investment, development and management company.

McCarthy Tétrault LLP represented Oxford Properties Group with a team led by Abraham Costin.

Contact


 
For general information on McCarthy Tétrault Transactions & Cases, please contact [email protected].

Related Area of Expertise


Leasing
read /

Real Estate
read /