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 06:43:15 -0800
Folder
INBOX
Sorry to ask Tim but what entity will we be using for this site?
Is it TheKey?

On Wed, Dec 13, 2023 at 6:09 AM Cheryl Cartwright <ccartwright@thekey.com>
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 PM 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
>> <https://www.google.com/maps/search/on%0D%0A+2300+Yonge+Street+%E2%80%93+Suite+2011?entry=gmail&source=g>2300
>> Yonge Street – Suite 2011
>> <https://www.google.com/maps/search/on%0D%0A+2300+Yonge+Street+%E2%80%93+Suite+2011?entry=gmail&source=g>
>> – 1073 Sq. Ft. I have also included the compared document against RioCan’s
>> standard offer paper.
>>
>>
>>
>> To summarize, the key terms are the following:
>>
>>    - January 1st, 2023, possession date, with January 2023 being “out of
>>    term free rent/fixturing period.”
>>    - Lease term February 1st, 2024 – 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’s standard finishes.
>>
>>
>>
>> This is an aggressive initial offer which I expect they will push back on
>> 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 the
>> 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 your
>> preference.
>>
>>
>>
>> Thanks,
>>
>> Kirk
>>
>>
>>
>> *Kirk Baylis*
>> CBRE Limited | Leasing & Investment Services
>> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8
>> <https://www.google.com/maps/search/145+King+Street+West,+Suite+1100+%7C+Toronto,+ON+M5H+1J8?entry=gmail&source=g>
>> C +1 647 923 9243
>> *Kirk.Baylis@cbre.com <Kirk.Baylis@cbre.com>*
>>
>> *Sales Representative
>>
>>
>>
>> *From:* Baylis, Kirk @ Toronto DT
>> *Sent:* Tuesday, December 5, 2023 12:16 PM
>> *To:* 'Cheryl Cartwright' <ccartwright@thekey.com>
>> *Cc:* Fuller, Lauren @ San Diego <Lauren.Fuller@cbre.com>; Madonna
>> Borger <madonna.borger@thekey.com>
>> *Subject:* RE: Toronto Office Space
>>
>>
>>
>> Thanks Cheryl,
>>
>>
>>
>> I will schedule accordingly. Let’s plan to meet at 10:00 AM Friday in the lobby
>> of 2323 Yonge St
>> <https://www.google.com/maps/search/lobby+of+2323+Yonge+St?entry=gmail&source=g>.
>>
>>
>>
>> Thanks,
>>
>> Kirk
>>
>>
>>
>> *Kirk Baylis*
>> CBRE Limited | Leasing & Investment Services
>> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8
>> <https://www.google.com/maps/search/145+King+Street+West,+Suite+1100+%7C+Toronto,+ON+M5H+1J8?entry=gmail&source=g>
>> C +1 647 923 9243
>> *Kirk.Baylis@cbre.com <Kirk.Baylis@cbre.com>*
>>
>> *Sales Representative
>>
>>
>>
>> *From:* Cheryl Cartwright <ccartwright@thekey.com>
>> *Sent:* Tuesday, December 5, 2023 12:14 PM
>> *To:* Baylis, Kirk @ Toronto DT <Kirk.Baylis@cbre.com>
>> *Cc:* Fuller, Lauren @ San Diego <Lauren.Fuller@cbre.com>; Madonna
>> Borger <madonna.borger@thekey.com>
>> *Subject:* Re: Toronto Office Space
>>
>>
>>
>> *External*
>>
>>
>>
>> Hi All,
>>
>>
>>
>> Let's see 2200 Yonge
>> <https://www.google.com/maps/search/2200+Yonge?entry=gmail&source=g>,
>> 2323 Yonge and 20 Eglinton W
>> <https://www.google.com/maps/search/20+Eglinton+W?entry=gmail&source=g>.
>>
>>
>>
>> What time are we starting and which building?
>>
>>
>>
>> Thanks again,
>>
>>
>>
>> Cheryl
>>
>>
>>
>> On Tue, Dec 5, 2023 at 12:32 PM Baylis, Kirk @ Toronto DT <
>> Kirk.Baylis@cbre.com> wrote:
>>
>> Hi Cheryl,
>>
>>
>>
>> As discussed on Friday, please see attached for a survey of lease
>> opportunities at Yonge and Eglinton.
>>
>>
>>
>> Are you available to connect for a quick call to discuss these and which
>> options make the most sense to tour?
>>
>>
>>
>> Thanks,
>>
>> Kirk
>>
>>
>>
>> *Kirk Baylis*
>> CBRE Limited | Leasing & Investment Services
>> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8
>> <https://www.google.com/maps/search/145+King+Street+West,+Suite+1100+%7C+Toronto,+ON+M5H+1J8?entry=gmail&source=g>
>> C +1 647 923 9243
>> *Kirk.Baylis@cbre.com <Kirk.Baylis@cbre.com>*
>>
>> *Sales Representative
>>
>>
>>
>> *From:* Fuller, Lauren @ San Diego <Lauren.Fuller@cbre.com>
>> *Sent:* Wednesday, November 29, 2023 4:38 PM
>> *To:* Baylis, Kirk @ Toronto DT <Kirk.Baylis@cbre.com>
>> *Subject:* RE: Toronto Office Space
>>
>>
>>
>> Yes! Will move up to 9 AM PT.
>>
>>
>>
>> *Lauren Fuller*
>> Transaction Coordinator | Lic. 02124477
>> CBRE | Global Advisory & Transaction Services
>> 4301 La Jolla Village Drive, Suite 3000 | San Diego, CA 92122
>> <https://www.google.com/maps/search/4301+La+Jolla+Village+Drive,+Suite+3000+%7C+San+Diego,+CA+92122?entry=gmail&source=g>
>> C +1 818 967 8157
>> *lauren.fuller@cbre.com <lauren.fuller@cbre.com>*
>>
>> Follow CBRE: CBRE.com <http://cbre.com/> | LinkedIn
>> <https://urldefense.com/v3/__https:/www.linkedin.com/company/cbre__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcUx9cduK$>
>>  | Twitter
>> <https://urldefense.com/v3/__https:/www.twitter.com/cbre__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcYjlX892$>
>>  | Instagram
>> <https://urldefense.com/v3/__https:/instagram.com/cbre/__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcaapiu9Q$>
>>  | Facebook
>> <https://urldefense.com/v3/__https:/www.facebook.com/cbre__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcWi1aKpc$>
>>
>>
>>
>> *From:* Baylis, Kirk @ Toronto DT <Kirk.Baylis@cbre.com>
>> *Sent:* Wednesday, November 29, 2023 1:38 PM
>> *To:* Fuller, Lauren @ San Diego <Lauren.Fuller@cbre.com>
>> *Subject:* RE: Toronto Office Space
>>
>>
>>
>> Hi Lauren,
>>
>>
>>
>> 12:30 will be tight for me as I have a tour at 1:00 PM. Can we possibly
>> keep this at 12:00 PM?
>>
>>
>>
>> *Kirk Baylis*
>> CBRE Limited | Leasing & Investment Services
>> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8
>> <https://www.google.com/maps/search/145+King+Street+West,+Suite+1100+%7C+Toronto,+ON+M5H+1J8?entry=gmail&source=g>
>> C +1 647 923 9243
>> *Kirk.Baylis@cbre.com <Kirk.Baylis@cbre.com>*
>>
>> *Sales Representative
>>
>>
>>
>> *From:* Baylis, Kirk @ Toronto DT
>> *Sent:* Wednesday, November 29, 2023 3:53 PM
>> *To:* Fuller, Lauren @ San Diego <Lauren.Fuller@cbre.com>
>> *Subject:* RE: Toronto Office Space
>>
>>
>>
>> Friday works. Noon EST (9:00 AM Pacific)?
>>
>>
>>
>> *Kirk Baylis*
>> CBRE Limited | Leasing & Investment Services
>> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8
>> <https://www.google.com/maps/search/145+King+Street+West,+Suite+1100+%7C+Toronto,+ON+M5H+1J8?entry=gmail&source=g>
>> C +1 647 923 9243
>> *Kirk.Baylis@cbre.com <Kirk.Baylis@cbre.com>*
>>
>> *Sales Representative
>>
>>
>>
>> *From:* Fuller, Lauren @ San Diego <Lauren.Fuller@cbre.com>
>> *Sent:* Wednesday, November 29, 2023 3:48 PM
>> *To:* Baylis, Kirk @ Toronto DT <Kirk.Baylis@cbre.com>
>> *Subject:* RE: Toronto Office Space
>>
>>
>>
>> Great! Yes – was going to schedule call for Friday to hear from them on
>> their needs. Are you around?
>>
>> *Lauren Fuller*
>> Transaction Coordinator | Lic. 02124477
>> CBRE | Global Advisory & Transaction Services
>> 4301 La Jolla Village Drive, Suite 3000 | San Diego, CA 92122
>> <https://www.google.com/maps/search/4301+La+Jolla+Village+Drive,+Suite+3000+%7C+San+Diego,+CA+92122?entry=gmail&source=g>
>> C +1 818 967 8157
>> *lauren.fuller@cbre.com <lauren.fuller@cbre.com>*
>>
>> Follow CBRE: CBRE.com <http://cbre.com/> | LinkedIn
>> <https://urldefense.com/v3/__https:/www.linkedin.com/company/cbre__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcUx9cduK$>
>>  | Twitter
>> <https://urldefense.com/v3/__https:/www.twitter.com/cbre__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcYjlX892$>
>>  | Instagram
>> <https://urldefense.com/v3/__https:/instagram.com/cbre/__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcaapiu9Q$>
>>  | Facebook
>> <https://urldefense.com/v3/__https:/www.facebook.com/cbre__;!!GnpIGg!Z4K8O2vPKFF0DkBPNONoEsoiOQgzvB89x2nS0pDWLs26n6vWA4iATPwBFHkicuX6FGqHrdhLiV4ojCpUcWi1aKpc$>
>>
>>
>>
>> *From:* Baylis, Kirk @ Toronto DT <Kirk.Baylis@cbre.com>
>> *Sent:* Wednesday, November 29, 2023 12:46 PM
>> *To:* Fuller, Lauren @ San Diego <Lauren.Fuller@cbre.com>
>> *Subject:* RE: Toronto Office Space
>>
>>
>>
>> Hi Lauren,
>>
>>
>>
>> Thanks for the note. Yes, I can absolutely assist on this requirement
>> again.
>>
>>
>>
>> Did they want to start with a kick-off call? Or I can begin to source
>> opportunities based on their below note.
>>
>>
>>
>> Let me know how you would like to proceed.
>>
>>
>>
>> Regards,
>>
>> Kirk
>>
>>
>>
>> *Kirk Baylis*
>> CBRE Limited | Leasing & Investment Services
>> 145 King Street West, Suite 1100 | Toronto, ON M5H 1J8
>> <https://www.google.com/maps/search/145+King+Street+West,+Suite+1100+%7C+

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