One Bloor’s 85,000 square foot retail deal has been announced as a finalist for NAIOP Greater Toronto’s 16th Annual REX Awards “Investment Deal of the Year”.
In August of 2016 the First Gulf and Great Gulf team successfully sold the 85,000 square foot retail space located on the first three levels of Great Gulf’s iconic One Bloor condominium to First Capital through the exclusive advisory services of Brookfield Financial. With a 40,000 square foot lease, negotiated by First Gulf, for Canada’s first Nordstrom Rack already in place, the $189,000,000 sale is a testament not only to Toronto’s strong, stable and attractive market, but also the hard work, dedication and collaboration of all parties involved.
Located within one of the tallest residential developments in Canada– and on the most expensive street and busiest intersection in the country– the retail at One Bloor will stand as a landmark destination for businesses and consumers alike. Scheduled for completion in Fall of 2017, the addition of new retail at this highly-trafficked intersection will further augment the vibrancy of the renowned location, surrounding community and the city.
For more information about Retail at One Bloor, please click here.
About NAIOP Greater Toronto’s REX Awards
NAIOP Greater Toronto’s REX Awards is a recognition program established to celebrate the achievements of the office, industrial, retail and mixed-use real estate industry in Toronto and the surrounding region. The focus of the awards program is on results, skills (teamwork, collaboration, innovation and creativity) and values (community and environmental awareness).