How Northleaf Reimagined Its Toronto Office HQ for Growth, Brand & People
Client
- Northleaf Capital Partners
Emplacements
- Toronto
Services Fournis
Équipe Cresa
Superficie
- 45,000 sq. ft.
Cresa Office
Industrie
Client Objectives
After conducting extensive market research and strategic facility planning, the Transaction Management team narrowed down the options to four high-quality towers. Ultimately, they secured a high-floor space in a prime downtown building, negotiating extremely favorable lease terms that included a substantial Tenant Improvement Allowance, significantly higher than the market standard, along with rights of first refusal and expansion options. This allowed flexibility to grow into an additional 16,000 square feet within nine months, with rental rates and tenant improvement allowances matching the original lease terms.Results
The new office now spans 45,000 square feet over two floors, delivering a modern, brand-aligned workspace that enhances employee engagement. The final design reflects the firm’s commitment to providing an optimal work environment, with dedicated workspaces. The favorable lease terms, tenant improvement allowance, and future expansion options secured by the Transaction Management team ensured a strong value proposition for Northleaf’s investment.Despite the tight timeline, the Project Management team delivered the project on time, with quality controls and real-time problem-solving, ensuring a polished finish. The company’s transition to this upgraded space highlights the importance of a carefully planned, integrated real estate approach that considers workplace quality, functionality, and future growth potential.
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