Re: Toronto Office Space

From
Madonna Borger <madonna.borger@thekey.com>
To
Cheryl Cartwright <ccartwright@thekey.com>
CC
"Baylis, Kirk @ Toronto DT" <Kirk.Baylis@cbre.com>, "Fuller, Lauren @ San Diego" <Lauren.Fuller@cbre.com>, Timothy Thomas <tt@thekey.com>
Date
Wed, 13 Dec 2023 06:39:42 -0800
Folder
INBOX
--000000000000e312ab060c65236e Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable I will move forward with Kirk, Thanks On Wed, Dec 13, 2023 at 6:09 AM Cheryl Cartwright wrote: > Hi Madonna and Tim, > > Was this approved? I am training a new Case Manager in the New Year and I > need to know when we can occupy the space by. > > Thanks, > > Cheryl > > On Mon, Dec 11, 2023 at 12:44=E2=80=AFPM Baylis, Kirk @ Toronto DT Kirk.Baylis@cbre.com> wrote: > >> Hi Cheryl, >> >> >> >> I hope you had a nice weekend and flight back to the east coast! >> >> >> >> As discussed, I have drafted the attached offer on >> 2300 >> Yonge Street =E2=80=93 Suite 2011 >> >> =E2=80=93 1073 Sq. Ft. I have also included the compared document agains= t RioCan=E2=80=99s >> standard offer paper. >> >> >> >> To summarize, the key terms are the following: >> >> - January 1st, 2023, possession date, with January 2023 being =E2=80= =9Cout of >> term free rent/fixturing period.=E2=80=9D >> - Lease term February 1st, 2024 =E2=80=93 January 31st, 2027 (3 years= ). >> - February 2024, 2025, and 2026 all rent free. >> - $18.00 Net ($7.00 below their asking rates) >> - This equates to $3,970.93 / Month (plus HST) >> - Please note, hydro is not included in additional rent for this >> space. >> - Landlord to install carpet at their cost. The Key to select >> colour/design based on the landlord=E2=80=99s standard finishes. >> >> >> >> This is an aggressive initial offer which I expect they will push back o= n >> some items. That said, the end of days terms will still be below market >> given the landlords motivation to lease the space. >> >> >> >> Can you please confirm the official legal entity name that will be on th= e >> lease. >> >> >> >> Cheryl or Madonna, please feel free to call or email with any questions. >> We can also set up a call to review the initial offer if that would be y= our >> preference. >> >> >> >> Thanks, >> >> Kirk >> >> >> >> *Kirk Baylis* >> CBRE Limited | Leasing & Investment Services >> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8 >> >> C +1 647 923 9243 >> *Kirk.Baylis@cbre.com * >> >> *Sales Representative >> >> >> >> *From:* Baylis, Kirk @ Toronto DT >> *Sent:* Tuesday, December 5, 2023 12:16 PM >> *To:* 'Cheryl Cartwright' >> *Cc:* Fuller, Lauren @ San Diego ; Madonna >> Borger >> *Subject:* RE: Toronto Office Space >> >> >> >> Thanks Cheryl, >> >> >> >> I will schedule accordingly. Let=E2=80=99s plan to meet at 10:00 AM Frid= ay in the lobby >> of 2323 Yonge St >> . >> >> >> >> Thanks, >> >> Kirk >> >> >> >> *Kirk Baylis* >> CBRE Limited | Leasing & Investment Services >> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8 >> >> C +1 647 923 9243 >> *Kirk.Baylis@cbre.com * >> >> *Sales Representative >> >> >> >> *From:* Cheryl Cartwright >> *Sent:* Tuesday, December 5, 2023 12:14 PM >> *To:* Baylis, Kirk @ Toronto DT >> *Cc:* Fuller, Lauren @ San Diego ; Madonna >> Borger >> *Subject:* Re: Toronto Office Space >

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