{"id":1004131133,"date":"2015-11-16T06:11:59","date_gmt":"2015-11-16T14:11:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004131133"},"modified":"2021-05-14T20:08:12","modified_gmt":"2021-05-15T04:08:12","slug":"ivanhoe-cambridge-lands-major-lease-renewal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ivanhoe-cambridge-lands-major-lease-renewal\/","title":{"rendered":"Ivanho\u00e9 Cambridge Lands Major Lease Renewal"},"content":{"rendered":"<p><em>By Adriana Pop, Associate Editor <\/em><\/p>\n<p>Montreal, Quebec, Canada &#8211; <a href=\"https:\/\/www.ivanhoecambridge.com\/en\" rel=\"nofollow noopener\" target=\"_blank\">Ivanho\u00e9 Cambridge<\/a> has announced its continued partnership with <a href=\"https:\/\/www.bdc.ca\/EN\/Pages\/home.aspx\" rel=\"nofollow noopener\" target=\"_blank\">Business Development Bank<\/a> of Canada (BDC) at <a href=\"https:\/\/placevillemarie.com\/en\/\" rel=\"nofollow noopener\" target=\"_blank\">Place Ville Marie<\/a>, an exceptional 3,384,000-square-foot office and retail complex that ranks as one of the most famous developments in Montreal.<\/p>\n<div id=\"attachment_1004131134\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/5-Place-Ville-Marie-in-Montreal.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004131134\" data-attachment-id=\"1004131134\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ivanhoe-cambridge-lands-major-lease-renewal\/5-place-ville-marie-in-montreal\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/5-Place-Ville-Marie-in-Montreal.jpg\" data-orig-size=\"1000,666\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;FinePixS2Pro&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1138274396&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;12&quot;,&quot;iso&quot;:&quot;160&quot;,&quot;shutter_speed&quot;:&quot;0.0055555555555556&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"5 Place Ville Marie in Montreal\" data-image-description=\"&lt;p&gt;5 Place Ville Marie in Montreal&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;5 Place Ville Marie in Montreal&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/5-Place-Ville-Marie-in-Montreal.jpg?w=1000\" loading=\"lazy\" class=\"wp-image-1004131134 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/5-Place-Ville-Marie-in-Montreal.jpg\" alt=\"5 Place Ville Marie in Montreal\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/5-Place-Ville-Marie-in-Montreal.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/5-Place-Ville-Marie-in-Montreal.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/5-Place-Ville-Marie-in-Montreal.jpg?resize=768,511 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004131134\" class=\"wp-caption-text\">5 Place Ville Marie in Montreal<\/p><\/div>\n<p>Under the new long-term lease, BDC will occupy more than 173,000 square feet at <a href=\"https:\/\/placevillemarie.com\/en\/offices\/5-place-ville-marie\/\" rel=\"nofollow\">5 Place Ville Marie<\/a>. This agreement marks one of the largest leasing transactions this year in Montreal\u2019s Class A office market.<\/p>\n<p>Established at Place Ville Marie since 1994, BDC now plans to bring together all of its employees in a single location and redesign its office space in order to promote collaboration and innovation. This project will also allow BDC to apply for LEED Canada-CI (Commercial Interiors) certification.<\/p>\n<p>Ivanho\u00e9 Cambridge is the owner and manager of Place Ville Marie, an architectural gem designed by I.M. Pei (creator of the famous pyramid at the Louvre) and Henry N. Cobb. The famous cruciform high-rise was the largest business complex in the world at the time of its completion in 1962. The 617-foot tower now ranks as the tallest of its kind in Canada and has become an iconic symbol of Montr\u00e9al\u2019s skyline.<\/p>\n<div id=\"attachment_1004131136\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Place-Ville-Marie-in-Montreal.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004131136\" data-attachment-id=\"1004131136\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ivanhoe-cambridge-lands-major-lease-renewal\/place-ville-marie-in-montreal\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Place-Ville-Marie-in-Montreal.png\" data-orig-size=\"486,353\" 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;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Place Ville Marie in Montreal\" data-image-description=\"&lt;p&gt;Place Ville Marie in Montreal&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Place Ville Marie in Montreal&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Place-Ville-Marie-in-Montreal.png?w=486\" loading=\"lazy\" class=\"wp-image-1004131136 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Place-Ville-Marie-in-Montreal.png\" alt=\"Place Ville Marie in Montreal\" width=\"300\" height=\"218\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Place-Ville-Marie-in-Montreal.png 486w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Place-Ville-Marie-in-Montreal.png?resize=300,218 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004131136\" class=\"wp-caption-text\">Place Ville Marie in Montreal<\/p><\/div>\n<p>Place Ville Marie, or PVM, comprises four office towers, an upscale shopping center that has been a fashion reference for more than 50 years , an approximately 900-space indoor parking garage open 24\/7, and an expansive public outdoor plaza.<\/p>\n<p>PVM also ranks among Montreal\u2019s best-performing and most energy-efficient buildings. The development earned LEED Silver certification in the EB: O&amp;M (Existing Buildings: Operations &amp; Maintenance) category in January 2015.<\/p>\n<p>An integral part of the PVM complex, 5 Place Ville Marie offers a total of 522,000 square feet of high-quality office space across 18 floors. The building is directly connected to the mall\u2013Galerie Place Ville Marie\u2013and to Montreal\u2019s famous network of underground shops and boutiques.<\/p>\n<p>\u201cWe are very proud of this important business relationship with BDC,\u201d said Bernard Poliquin, senior vice president, Office, Quebec, at Ivanho\u00e9 Cambridge. \u201cThis transaction once again illustrates Place Ville Marie\u2019s strength as the leader in office space in the heart of Montreal\u2019s business district.\u201d<\/p>\n<p>BDC is the first Canadian financial institution to receive B-Corp certification, meeting rigorous standards of social and environmental performance.<\/p>\n<p><em>Image courtesy of Ivanho\u00e9 Cambridge <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ivanho\u00e9 Cambridge has closed on one of the largest leasing transactions this year in Montreal\u2019s Class A office building market. <\/p>\n","protected":false},"author":260,"featured_media":1004131134,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,16,21742,21747],"tags":[],"class_list":["post-1004131133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-international","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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