{"id":1004068030,"date":"2013-03-01T07:51:10","date_gmt":"2013-03-01T15:51:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004068030"},"modified":"2022-12-04T17:58:37","modified_gmt":"2022-12-05T01:58:37","slug":"law-firm-to-occupy-165-ksf-in-torontos-high-rise-under-construction","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/law-firm-to-occupy-165-ksf-in-torontos-high-rise-under-construction\/","title":{"rendered":"Law Firm to Occupy 165 KSF in New Bay Adelaide Tower"},"content":{"rendered":"<p><em>By Alex Girda, Associate Editor<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/brookfield.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004068031\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/law-firm-to-occupy-165-ksf-in-torontos-high-rise-under-construction\/brookfield-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/brookfield.jpg\" data-orig-size=\"190,258\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"brookfield\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/brookfield.jpg?w=190\" class=\"alignleft size-full wp-image-1004068031\" title=\"brookfield\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/brookfield.jpg\" alt=\"\" width=\"190\" height=\"258\" \/><\/a><\/p>\n<p>A large leasing deal was recently completed at Brookfield\u2019s Bay Adelaide Center in downtown Toronto. According to a statement released by the company, the last company to announce its commitment to the in-development office project is Borden Ladner Gervais L.L.P., a full-service law firm. BLG will be occupying 165,000 square feet of office space in the Bay Adelaide Center\u2019s East tower.<\/p>\n<p>The building, on which development is progressing with a 2015 deadline, was given a major boost with an announcement made by Deloitte in June 2012 regarding the lease of 420,000 square feet of space at the new facility. With an anchor tenant in place, and a total of 43 percent of its space already leased out, the East tower of the Bay Adelaide Center carried on with development. Now, the addition of another major name to its already impressive tenant roster taking its occupancy rate to 60 percent seems to secure the building\u2019s prosperity even as it stands two years away from completion.<\/p>\n<p>Bay Adelaide East will be a 44-level, 980,000-square foot, Class A office high-rise offering tenants an eco-friendly, LEED Platinum-certified work environment. The best-in-class facility, along with Bay Adelaide West, will constitute one of the prime spots for office space in Toronto\u2019s financial district. Bay Adelaide West is a 51-story, 1.2 million square-foot office tower that was completed by Brookfield in 2009, in the immediate vicinity of the site set to host Bay Adelaide East. The western tower currently has an occupancy rate of around 95 percent.<\/p>\n<p>\u201cBay Adelaide Centre has become the newest premier professional precinct in downtown Toronto,\u201d said Brookfield Office Properties\u2019 President and CEO, Jan Sucharda.<\/p>\n<p>And this project is not stopping with the completion of the East tower, as Bay Adelaide North is zoned for an additional 500,000 square feet of commercial real estate development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Borden Ladner Gervais, a full-service law firm, will be occupying 165,000 square feet of office space in Bay Adelaide Center\u2019s East tower, slated to open in 2015.<\/p>\n","protected":false},"author":237,"featured_media":1004068031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,16,21783,21742,21747,21786],"tags":[],"class_list":["post-1004068030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-international","category-investment","category-latest","category-office","category-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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