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How to Sign a Lease With Your Parent Company

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Pictured: John Sullivan, chief executive of Cadillac Fairview.Cadillac Fairview had a pretty good idea for a lead tenant for its latest office tower in Toronto - a 46-storey, 1.2 million-square-foot high-rise set for the fall of 2022. There was one little hitch: negotiating a deal with the company’s parent corporation, the Ontario Teachers’ Pension Plan, which is taking nine floors - or about 20 to 25 percent - of the building. "[Teachers'...

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