The City of Toronto has leased 44,000 square feet at the Yorkgate Mall.
The lease term has an initial term of 10 years with additional renewal options. The opening is scheduled for late 2017 and will generate increased traffic flow to the retail tenants at Yorkgate. This lease deal, along with the recent 20,500-square-foot Planet Fitness deal, increases the occupancy rate for the property from 65% to 94%.
Yorkgate Mall is a 218,000-square-foot...
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