Crown Property Management wins a TOBY

In late September, at the annual National Awards Gala in St. John’s, Newfoundland, Crown Property Management Inc. was very proud that Concorde Corporate Centre, located in Toronto, received the TOBY distinction in the category of Suburban Office Park. In order to achieve this award, Concorde Corporate Centre competed at the local competition held in Toronto in April and subsequently competed against the chapter winners in this category from across Canada.

The Building Owners and Managers Association (BOMA) of Canada annually presents the prestigious national awards in recognition of excellence in the Canadian commercial real estate industry. The Office Building of the Year (TOBY) Awards identify the stars of the industry, recognizing excellence in property management, operations, resource conservation, environmental awareness, leasing and building design, customer service and innovation.

Crown Realty Partners sells 415 Yonge Street, Toronto

Crown Realty Partners announced today that it has sold, on behalf of institutional partners, its interest in 415 University Avenue, an office building totalling 191,880 square feet to Artis REIT. Crown Property Management Inc. will continue to manage the property on behalf of Artis REIT.

Crown Realty Partners sells 161 Eglinton Avenue East, Toronto

Crown Realty Partners announced today that it has sold, on behalf of its partners, their interest in 161 Eglinton Avenue East, an office building totalling 65,000 square feet to a private buyer.

Crown Realty Partners sells 481 University Avenue, Toronto

Crown Realty Partners announced today that it has sold, on behalf of institutional partners, its interest in 481 University Avenue, an office building totalling 224,700 square feet to a private buyer.

Crown Realty Acquires 155 Gordon Baker Road, Toronto

Crown Realty Partners (CRP), on behalf of Crown Realty II LP (CR II LP), has acquired 155 Gordon Baker Road, Toronto, a 5-storey office building comprising 252,781 sq. ft. The building is located on Gordon Baker Road, just east of Highway 404 south of Steeles Avenue East.

This property is the second acquisition for CR II LP, which has an equity commitment of $142 million from six Canadian pension funds and financial institutions. CRP co-owns and/or manages 4.4 million sq. ft. of office space in the GTA and Winnipeg.

Crown Property Management retained to manage 2233 Argentia Road, Meadowvale

Crown Property Management Inc. (CPMI) has been retained by LaSalle Investment Management to provide management services at 2233 Argentia Road, a 141,200 square foot office building in the Meadowvale office park in Mississauga.

Crown Property Management retained to manage Heron’s Hill Office Complex, Toronto

Crown Property Management Inc. (CPMI) has been retained by LaSalle Investment Management to provide management services at Heron’s Hill, a two building office complex comprising 294,000 square feet. The property is located at 2001-2005 Sheppard Avenue East in Toronto