Cresa Toronto
Cresa Toronto Inc. Brokerage
170 University Avenue
Suite 1100
Toronto, ON M5H 3B3
416.862.2666 tel
416.862.2360 fax
Email
Map/Directions

Contacts

Jamie Grossman, MBA
Managing Principal, Broker
Email
Dean Newman
Principal, Broker of Record
Email

Toronto

  • Greater Toronto Area

    Office Market Overview

    Supply
    171,183,884 SF
    Vacancy
    8.9%
    Absorption
    -179,190 SF
    Avg. Lease Rate
    $29.98 PSF
  • Greater Toronto Area

    Industrial Market Overview

    Supply
    768,391,876 SF
    Vacancy
    4.9%
    Absorption
    -767,592 SF
    Avg. Lease Rate
    $5.19 PSF

Cresa Toronto was founded in 1989 as LNR Corporation. With our exclusive tenant representation focus, Cresa Toronto has been a pioneer in both the strategies and processes used in negotiating optimal results for our clients.  Whether we are applying our experience to corporate head office facilities, industrial spaces or multi-location portfolios, Cresa Toronto's team of Principals, Tenant Advisors and Project Managers take great pride in the work we do. 

The Greater Toronto Area market is one of the most vibrant in North America, with over 185 million square feet of office space and 700 million square feet of industrial space.  Toronto has a thriving Financial Core and downtown business district, as well as significant key suburban markets to the west, north and east.  Over 5 million square feet of new 'A' class office product has been built in the Core since the 2008 recession with an equal amount currently being developed, providing tenants with selection from the newest state of the art buildings to brick and beam office space, to state of the art manufacturing facilities in the suburban markets.  Cranes dominate our skyline as residential and commercial expansion continues to meet the growing needs of a diverse population of workers and industries - financial sector, services, technology, manufacturing and resource based enterprises.

Contact us to benefit from our disciplined three-phase process:  Strategic Facility Planning which enables you to strategically align your business needs and objectives with the optimal real estate solution; Transaction Management that considers all opportunities benchmarked against tailored, specific criteria and expert negotiation skill; and Project Management that ensures that your leasehold renovations are on time and on budget.

 

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People

Hafiz Abdulla Advisor, Finance and Research
Mark Bleiwas, MBA Principal, Sales Representative
Joanne Chan Principal
Andrew Chapman Vice President, Sales Representative
Cathy Cisneros Finance Manager
Susan Cumming Finance Director
Sophia Duffus Administrative Assistant
Jeffrey Good Vice President, Sales Representative
Jamie Grossman, MBA Managing Principal, Broker
Chryso Hadjicostis Receptionist
Kevin Haverty, Jr. Principal, Consulting Services, Broker
Ryan Henry Advisor, Sales Representative
Sean Hoehn Managing Principal, Sales Representative
Husein Jivajee Advisor, Project Management
Tony Kasioulis Vice President, Sales Representative
Pamela Kennedy Project Coordinator
Michael J. Lomax Principal, Project Management
Ellis Martin Advisor, Sales Representative
Jesse Micak Advisor, Sales Representative
Chris Mole Business Development Representative
Dean Newman Principal, Broker of Record
Nikola Obradovic Research Associate
Christopher Peebles Advisor, Sales Representative
Chloe Ralph Administrative Assistant
Varun Raval Technology Associate
Steven Rector Vice President, Sales Representative
Lindsay Ryder Vice President, Sales Representative
Felipe Senisterra Advisor, Finance and Research
Clint Singh Business Development Representative
Mark Skynner Principal, Sales Representative
Mark Titleman Business Development Representative
Brianna Van Der Mark Marketing Associate
Laura Vasic Executive Assistant
Michael Wasyliw Principal, Sales Representative
Barbara Wright, MBA, LEED AP Principal, Sales Representative
Marvin Yousif Business Development Representative
Mark J.G. Zettel Principal, Sales Representative

News

Success Stories

Client Location Sq. Footage
BFI Canada Vaughan, Ontario  20,000 
EPSON Markham, Ontario  27,000 
Exchange Solutions Toronto, Ontario  20,113 
Intelex Technologies Toronto, Ontario  18,929 
Knowledge First Financial Mississauga, Ontario  29,924 
MMM Group Markham, Ontario  138,000 
PowerStream Vaughan, Ontario  92,000 
Ubisoft Toronto Studios Toronto, Ontario  144,000 

Subleases & Sales

Property Available Space Rental Rate
Sublease: 1 Queen Street East, Toronto
1 Queen Street East
Toronto, Ontario
10,781 SF $22.00 PSF
Sublease: 121 King Street West
Toronto, Ontario
4,300 SF $28.00 PSF
Sublease: 123 Commerce Valley Drive East
Thornhill, Ontario
27,224 SF Negotiable (Please call agent)
Sublease: 150 York Street
Toronto, Ontario
19,343 SF (divisible to 10,500 SF) Negotiable (Please call agent)
Sublease: 1330 Sutton Drive
Burlington, Ontario
12,865 SF $6.00 PSF
Sublease: 5090 Explorer Drive
Mississauga, Ontario
7,254 SF Negotiable (Please call agent)
Sublease: 50 Peel Centre Drive
Brampton Ontario
2,300 SF $17.00 PSF
Sublease: 67 Yonge Street
Toronto, Ontario
6,506 SF Negotiable (Please call agent)
Sublease: 6499 Northam Drive
Mississauga, Ontario
12,000 SF $5.70 PSF
Sublease: York Mills Centre
4101 Yonge Street
Toronto, Ontario
39,961 SF Negotiable (Please call agent)
Sublease: 6835A Century Avenue
6835A Century Avenue
Mississauga, Ontario
10,184 SF (1st & 2nd Floor) Negotiable (please call agent)
Sublease: 304 The East Mall
8th Floor
Toronto, Ontario
4,373 SF Negotiable

Office Leasing

At Cresa Toronto, office leasing is a key practice area; we are in the market every day, bringing both real-time knowledge and experience to each of the markets we service. Our coverage spans the entire GTA, with three key nodes: Central, West GTA, and North/East GTA. With many Canadian head office locations being housed in the GTA, Cresa Toronto is responsible for servicing a busy and ever-changing market.

One of our greatest differentiators is an integrated approach to real estate strategy and transactions; being in such a dynamic market has encouraged us to continue to provide a full service offering in order to truly achieve our clients’ goals in the most thorough and appropriate manner possible. Our team of experienced real estate advisors, strategists, space planners and project managers allows you to benefit from a detailed approach to each project. In our experience, listening to our clients’ needs, reviewing and advising on requirements, identifying optimal solutions in the market, analyzing options, negotiating terms and managing the design and construction of projects allows our team to have an understanding of and realize the best occupancy solutions.

In order to maintain our integrated approach, we offer value added services in the following areas:

Strategic Planning, or ‘intelligence services’, ensures that we understand, formulate and deliver focused and customized real estate solutions that will offer the greatest opportunity for cost savings and generate lasting benefits, while maintain our clients’ business goals and objectives.

Transaction Management is an important step in the process whether our client’s are looking to relocate, renew or restructure; regardless of the end goal, there is always an opportunity to reduce operating and occupancy expenses, establish a competitive advantage and provide flexibility.

Project Management provides value-added results from concept to completion through defined strategies and single-point accountability, delivering projects on time and within budget.

Space Planning & Design operates based upon the approved Feasibility Plan, which will provide solutions for the execution of the project.

Industrial Leasing

Cresa Toronto’s specialized industrial leasing group provides a team of experts who apply our proven integrated 3- phase approach to locate, acquire, and develop industrial, manufacturing and warehousing space, always striving to reach an outcome that exceeds the client’s requirements. Success in the industrial sector requires expert market knowledge, as well as highly effective negotiation techniques to maximize financial gain and ultimately secure the most advantageous transaction.
One of Cresa’s greatest differentiators is our integrated approach to real estate strategy and transactions. Our team of experienced real estate advisors, strategists, space planners and project managers enable our clients to benefit from a disciplined and thorough approach to each project. By listening to your needs, identifying solutions in the market, analyzing options, negotiating optimal terms and managing the design and construction of projects, Cresa ensures you achieve the best occupancy solutions.

Warehousing
A warehouse should not be viewed as simply a building, and cannot be placed just anywhere; it is a crucial link in a business’ supply chain, as well as a pivot point for shipping goods both nationally and internationally. Warehouse space that appropriately meets a business’ needs at all times may be in short supply. At Cresa Toronto, our advisors identify flexible options to meet these rapidly changing circumstances. We combine our considerable real estate savvy with an unmatched understanding of the broader issues of process flow management and efficient logistics management in any given building.

Manufacturing
We work with manufacturers of all kinds, including auto parts, metalworking, machine shops, advanced technology-driven facilities, from light assembly to precision device production. We are thoroughly familiar with new trends in both engineering and production, and we can help you find a building ideally suited to the flexibility your operations demand.

Integrated Services

The Cresa Toronto office provides a full suite of in-house space planning and project management services. Unlike traditional service providers that become involved in the process once a location has been finalized, Cresa’s integrated team of interior designers and project managers are present from concept to completion, with a specific focus on:

-       How much space is needed? 
-       Could the space be utilized/built out more efficiently?
-       How can a more efficient build out contribute to employee productivity?
-       What are the costs associated with relocating versus renovating, and how 
        long will each take?
-       How is each alternative properly assessed and eventually decided upon?

Cresa’s projects are not complete until our clients have experienced a seamless transition to new space and maintained operations throughout the process. Our project managers tend to the many details of the project that most affect a business, allowing the client to focus on its core competencies during a potentially disruptive process and manage the move or renovation process with unique tools, people skills and procedures.

A full-service interior design firm provides strategic planning, interior design, construction administration, project delivery and ongoing management of space. This full scope of services is offered as our design group believes that understanding the business drivers of functionality, budget and scheduling allows for a properly aligned creative vision.

Maximizing every tool available to arrive at the best possible result – on time and on budget – is a key tenet of Cresa’s service offering, and utilizing our project management and interior design team ensures that this is accomplished.

Design Samples

Intelex Technologies

Meyers Norris Penny

Pallett Valo LLP

PowerStream Inc.

Ubisoft