News Archive
Crown Realty Partners Teams Up With Manitoba Hydro
Crown Realty Partners (CRP), through its subsidiary, Crown Property Management Inc., is working with Manitoba Hydro on implementing energy saving programs at its office buildings at Portage and Main, Winnipeg. These initiatives will save money for our tenants help improve our environment for everyone.
CRP co-owns and manages office buildings in the GTA and Winnipeg comprising over 4.3 million square feet. A majority of these properties have achieved the BOMA Best environmental standard and CRP has set the objective of achieving this standard on 100% of the portfolio.
Crown Realty Partners Acquires 415 Yonge Street, Toronto
Crown Realty Partners (CRP), on behalf of Crown Realty LP, has acquired 415 Yonge Street, Toronto, a 19-storey office building comprising 162,000 sq. ft. The building is located on Yonge Street between College and Dundas Streets, with close access to the Yonge subway line. First mortgage financing was provided by Manulife Financial.
This is CRP’s sixth building in the Yonge corridor from Dundas to Sheppard Avenues and brings the total office portfolio which CRP co-owns and manages in the GTA and Winnipeg to 4.4 million sq. ft. Crown Realty LP is a partnership of Canadian pension funds and the principals of CRP.
Crown Realty Partners Acquires Five Mississauga Office Buildings
Crown Realty Partners (CRP), on behalf of Crown Realty LP, has acquired five office buildings comprising 252,000 sq. ft. in total. The buildings are located on Matheson Boulevard West and Cancross Court in the Heartland Business Park, with access to both the 401 Highway and the Pearson International Airport.
CRP co-owns and manages office buildings in the GTA and Winnipeg comprising over 4.3 million sq. ft. Crown Realty LP is a partnership of Canadian pension funds and the principals of CRP.
Crown Realty Partners Acquires 4211 Yonge Street, Toronto
Crown Realty Partners (CRP), on behalf of Crown Realty LP, has acquired 4211 Yonge Street, Toronto, a six-storey office building comprising 163,000 sq. ft. The building is located on Yonge Street at York Mills Road, with access to both the 401 Highway and the Yonge subway line.
This is CRP’s fifth building in the Yonge corridor from Lawrence to Sheppard Avenues and brings the total office portfolio which CRP co-owns and manages in the GTA and Winnipeg to 4.3 million sq. ft. Crown Realty LP is a partnership of Canadian pension funds and the principals of CRP.
Crown Realty Partners Acquires 481 University Avenue, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 481 University Avenue on behalf of Crown Realty LP, with mortgage financing provided by Bank of America.
481 University Avenue is an office building comprised of 223,709 square feet on a full City block at University Avenue and Dundas Street West. The Dundas Street West subway station is directly adjacent to the property. Tenants include the City of Toronto and two Canadian chartered banks.
Crown Realty Partners Acquires Winnipeg Square, Winnipeg
Crown Realty Partners announced today that it has acquired a 100% interest in Winnipeg Square together with co-investors, with mortgage financing provided by Capmark Canada.
Winnipeg Square is a 31-storey office building comprised of 541,040 square feet together with a retail concourse comprising 56,440 square feet and is the premier office location in the Winnipeg CBD. Tenants include top legal and accounting firms, CN Rail and the Government of Canada.”
Crown Realty Partners sells 1867 Yonge Street, Toronto
Crown Realty Partners announced today that it has sold, on behalf of Crown Realty LP, its interest in 1867 Yonge Street, a 105,000 square foot office building to Adgar Investments & Development Inc.
Crown Realty Partners Acquires 90 Sheppard Avenue East, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 90 Sheppard Avenue East together with co-investors, with mortgage financing provided by TIAA-CREF.
90 Sheppard Avenue East is a 6-storey office building comprised of 258,000 square feet and includes 2.5 acres of development lands. Tenants include the Province of Ontario, HJ Heinz and Shell Canada.
Crown Realty Partners Acquires MTS Head Office, Winnipeg
Crown Realty Partners announced today that it has acquired a 100% interest in 333 Main Street and 191 Pioneer Avenue, Winnipeg on behalf of foreign investors, with mortgage financing provided by Capmark Canada.
The property comprises two office buildings with 288,000 square feet of space. The property is well located in downtown Winnipeg at the intersection of Portage and Main. The buildings serve as the head office of Manitoba Telephone System which occupies 90% of the space on a fifteen year lease.
Crown Realty Partners Acquires 1867 Yonge Street, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 1867 Yonge Street on behalf of Crown Realty LP, with mortgage financing provided by Bank of America.
1867 Yonge Street is an 11-storey office building with 105,000 square feet of space. The property is well located in mid-town Toronto with tenants including Scotiabank and Research House.
Crown Realty Partners Sells Interest in Gateway Centre, Markham
Crown Realty Partners announced today that it has arranged and completed the sale of a 51% interest in 3000-3100 Steeles Avenue East, Markham from several co-investors to another existing co-investor. The property comprises a total of 235,000 square feet of office space.
Crown Realty Partners Acquires Concorde Corporate Centre, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 1, 3 and 12 Concorde Gate on behalf of Crown Realty LP, which is a partnership of Canadian Pension Funds and principals of Crown Realty Partners. Mortgage financing was provided by Bank of America.
Concorde Corporate Centre comprises three office buildings with 543,000 square feet of space. The property is well located along the Don Valley Parkway with tenants including Home Depot and Celestica.
Crown Realty Partners Sells Interest in 400 University Avenue, Toronto
Crown Realty Partners announced today that it has arranged and completed the sale of a 30% interest in 400 University Avenue, Toronto from one co-investor to another existing co-investor. The property comprises a total of 351,000 square feet of office space. The mortgage on the property was refinanced with GE Canada.
Crown Realty Partners Acquires 161 Eglinton Avenue East, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 161 Eglinton Avenue East together with co-investors, with mortgage financing provided by Sun Life.
161 Eglinton Avenue is an 8-storey office building comprised of 65,000 square feet and is well located in mid-town Toronto.
Crown Realty Partners Sells Shoppes at Brian Village, Toronto
Crown Realty Partners announced today that it has sold Shoppes at Brian Village, a 41,000 square foot shopping centre in Toronto
Crown Realty Partners Acquires Orlando Office Portfolio, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 18 suburban office buildings together with LaSalle Investment Management, with mortgage financing provided by GE Capital.
The portfolio consists of 18 office buildings located near the Pearson Airport and in the heartland Business Park in Mississauga, comprising approximately 1.2 million square feet. Major tenants include Purolator, Cara Foods, Winners, DHL and Campbell Soup.
Crown Realty Partners Acquires Gateway Centre, Markham
Crown Realty Partners announced today that it has acquired a 100% interest in 3000-3100 Steeles Avenue East together with co-investors, with mortgage financing provided by GE Capital.
Gateway Centre comprises two office buildings with 235,000 square feet and 1.5 acres of development lands. The property is well located in Markham with tenants including Datamirror and Extendicare.
Crown Realty Partners Sells Interest in North York Square, Toronto
Crown Realty Partners announced today that it has arranged and completed the sale of a 24% interest in 45-47 Sheppard Avenue East, Toronto from one co-investor to other existing co-investors. The property comprises a total of 230,000 square feet of office space. The mortgage on the property was refinanced with GMAC Canada.
Crown Realty Partners Acquires 400 University Avenue, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 400 University Avenue together with co-investors, with mortgage financing provided by GMAC Canada.
400 University Avenue is a 25-storey office tower comprised of 351,000 square feet. Tenants include Zurich Life and the Province of Ontario.
Crown Realty Partners Acquires 3080 Yonge Street, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 3080 Yonge Street together with co-investors, with mortgage financing provided by GE Capital.
The property is a 232,000 square foot office building with parking for 165 cars and is well located in mid-town Toronto. Tenants include Sunnybrook Hospital and Maple Leaf Foods.
Crown Realty Partners Sells 1154-56 St. Clair Avenue West, Toronto
Crown Realty Partners announced today that it has sold 1154-56 St. Clair Avenue West, a 23,500 square foot retail building in Toronto.
Crown Realty Partners Acquires Shoppes at Brian Village and 1154-56 St. Clair Avenue West, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in Shoppes at Brian Village and 1154-56 St. Clair Avenue West, both in Toronto together with co-investors, with mortgage financing provided by the vendor.
Brian Village is a 41,000 square foot neighbourhood shopping centre and St. Clair is a 23,500 square foot street-front retail property.
Crown Realty Partners Acquires 21 Voyager Court South, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 21 Voyager Court South, Toronto together with co-investors, with mortgage financing provided by Penmore Mortgage.
This property is an existing 45,000 square foot office building well located near the Pearson Airport and 100% leased to the Construction Safety Association of Ontario.
Crown Realty Partners Acquires North York Square, Toronto
Crown Realty Partners announced today that it has acquired a 100% interest in 45-47 Sheppard Avenue East together with co-investors, with mortgage financing provided by GMAC Canada.
North York Square comprises two office buildings with 230,000 square foot of office space and parking for 431 cars. The Province of Ontario occupies over 50% of the property.