First Gulf completed the sale of the East Harbour Project to Cadillac Fairview on September 25, 2019. Toronto’s East Harbour project is a 38-acre site that will offer 10 million sq. ft. of commercial development, including office, hotel, retail, entertainment, and cultural space, with the goal to create a vibrant destination and new eastern commercial core a few kilometers from downtown. The growth potential for the site is supported by a planned multi-modal transit hub that will incorporate GO Train/SmartTrack services, TTC light rail transit, and the future Ontario Line subway.
Minden Gross LLP acted for First Gulf with a team led by Leonard Baranek (Partner, Real Estate) and included Leah Silber (Counsel, Real Estate), Yosef Adler (Partner, Business Law), Samantha Prasad (Partner, Tax), Tracy Kay (Partner, Employment and Labour), Ethan Eisen (Associate, Real Estate), and Leonidas (Lenny) Mylonopoulos (Associate, Commercial Leasing).
Read the announcement from Cadillac Fairview at: https://www.cadillacfairview.com/en_CA/news/Cadillac-Fairview-Purchases-East-Harbour-Project.html