Brookfield Properties Completes 76,000 Square
Feet of New Leasing at Bay Adelaide Centre in
Thomson Reuters and Barclays Capital Sign Ten-Year Leases
March 23, 2010 02:08 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Brookfield Properties Corp. (NYSE: BPO; TSX: BPO) and its
Canadian-based subsidiary BPO Properties Ltd. (TSX: BPP) announced today that it has executed two new leases
totaling 76,000 square feet at its newest office building, Bay Adelaide Centre in Toronto. Thomson Reuters will
occupy 59,000 square feet and Barclays Capital will occupy 17,000 square feet. Both leases have a 10-year term.
“We’re excited to welcome these two respected companies to our already impressive tenant base at Bay Adelaide
Centre,” said Tom Farley, President & CEO of Brookfield Properties’ Canadian Commercial Operations. “As the
first brand new building in Toronto’s financial core in 18 years, Bay Adelaide Centre offers a prime location and the
highest quality office space on the market.”
Current tenants at Bay Adelaide Centre include KPMG, Goodmans LLP, Heenan Blaikie and Fasken Martineau.
The building opened for business in September 2009.
Bay Adelaide Centre is a 51-story, 1.2-million-square-foot Class AAA office building which integrates the façade of
the historic National Building. Designed by architects WZMH Partners, the building's interior features a sophisticated
and contemporary design with its main lobby rising 28 feet floor-to-ceiling, enabling maximum use of natural light.
The lobby also features a creative light installation by world-renowned artist James Turrell.
The property features 40,000 square feet of concourse-level retail providing the final north/south link to the PATH
underground pedestrian walkway. Adjacent to the office tower is Arnell Plaza – a half-acre urban public park – as
well as a 1,100-stall parking garage.
Consistent with Brookfield’s commitment to the sustainability of its developments and existing office portfolio, the