Brookfield Property Partners signed the Bank of Nova Scotia to prelease 420,000 square feet in the planned Bay Adelaide Centre North office tower, a move that will allow the developer to begin construction on the $500 million project in downtown Toronto.
Toronto-based Scotiabank signed a 15-year lease to anchor the third and final office tower in the 3 million-square-foot Bay Adelaide Centre, committing to occupy 51 percent of the building.
The...
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