THOUGHTS + TIPS
COMMERCIAL OFFERS TO LEASE – THE ESSENTIAL TERMS By: Heather Marshall, LL.B. Associate at Kronis, Rotsztain, Margles, Cappel, LLP 1100-25 Sheppard Avenue West, Toronto, Ontario, M2N 6S6 In commercial leasing in Ontario, it is common for parties to enter into an Offer to Lease (also sometimes called an Agreement to Lease or a binding Letter [Read More]
March is here and the local weather forecast is predicting above 0 temperatures next week!! Speaking of warmer temperatures (or thinking about the warm weather and beaches of the sunny south), a new retail development was announced in Miami on a 200 acre site. It will include an entertainment complex with submarines, a Legoland, sea [Read More]
Another FREEZING week has come and gone. We are almost in March and hopefully some above zero temperatures will follow! This week, I spoke with several potential clients who were looking for someone to assist with their upcoming lease negotiations (office space and retail shopping centre leases). Occasionally, I am contacted by someone who feels they can [Read More]
Many conversations I had with my clients this week were not about commercial real estate, BUT about the frigid weather each and every one of us is dealing with in the great white north! However, there are many commercial real estate happenings that I want to share with my loyal clients! -1 Bloor Street West [Read More]
Interesting news from the world of commercial real estate! – Plans have been released for the redevelopment of 1 Yonge Street (aka Toronto Star property). It will include four residential towers, two office buildings and a hotel, with multiple levels of retail. A Mixed-Use Mammoth For 1 Yonge -Starbucks Canada planning to sell wine, beer and [Read More]
Another busy week in the world of commercial real estate in Toronto! -A new commercial development at Yonge and York Mills in central Toronto will improve the retail environment for businesses and residents. 40,000 square feet of ground-level retail, a 202-room four-star hotel as well as office condos is a great addition for this area. – [Read More]
The headlines in the commercial real estate industry this week are retail focused. The main topic on everybody’s mind is the failure of Target to succeed in Canada. Business people, parents, and some children are still in shock that Target is pulling out of Canada (17,500 jobs will be lost which is a tough pill to [Read More]
Representing clients daily while negotiating commercial leases and buying and selling commercial properties, I have to be very creative to ensure my client’s interests are at the forefront of every negotiation. My clients look to me to think outside the box to find them suitable properties for their respective businesses. Landlords, tenants, buyers & sellers [Read More]
