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One Bloor East, Toronto - Relaunched | 2010-09-30

one bloor Photo one bloor Photo

Leor Margulies and Michael Rubinoff were pleased to be part of the relaunch of the condominium project at a location which David Gerofsky, President of Great Gulf Homes, called "not just the most important corner in the City but probably the most important corner in the country". The relaunch of the glittering new 65 storey mixed-use retail/residential tower by Great Gulf Homes took place on March 25, 2010 with great success. The project will include approximately 100,000 sq. ft. of retail space on the concourse, ground and second floors, 27,000 sq. ft. of superb amenities on floors 6 and 7 and 691 residential units.



80-100 Yorkville Ave, Toronto - Retail Sale Closed | 2010-09-29

Yorkville Avenue Photo

Real estate partners Leor Margulies and Peggy Spadafora and one of our senior law clerks, Helen Wright, acted on the sale of the retail component of the new addition to the Yorkville condominium skyline, 80-100 Yorkville Avenue, Toronto. The space comprised approximately 29,000 sq. ft. of high end retail with tenants such as Diesel and Anthropologie. The sale was completed for a sale price of approximately $28,000,000.00 by Yorkville (2001) Limited, an affiliate of the Invar Building Group and Tricon Capital to 80 & 100 Yorkville Corp. at the end of January 2010. It was reported by RealNet as being in the top 5 retail transactions in Canada, as of June 7, 2010. More recently, 97 luxury condominiums were closed in the residential component of the project in June 2010, and a further 6 luxury townhomes in August 2010.



Sale of Office Portfolio | 2008-03-25
Solicitors Neill Kalvin and Peggy Spadafora and one of our senior law clerks, Helen Wright, recently acted on the disposition of a portfolio of office buildings in the GTA on behalf of funds managed by Hamburg-based MPC Munchmeyer Petersen Real Estate Consulting GmbH and its Canadian advisor, Northam Realty Advisors Limited.

The buildings sold by the Vendor, MPC Capital Fund Nr. 7, included the following:
4 King Street and 155 University Avenue, Toronto, Ontario, completed on March 14, 2008 for an aggregate sale price of $136.5 million; and
125 Commerce Valley Drive West, Markham, 2425 Matheson Boulevard East, Mississauga, 5343 & 5353 Dundas Street West, Toronto, Ontario, completed on March 25, 2008 for an aggregate sale price of $146 million.


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