Quote:
Originally Posted by polak
Half of it being rental? Are they even planning on using all of the office space to themselves?
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No. There is 430,000 SF of office there and Telus is taking 156,000 SF of it. There is 314,550 SF available for lease today and the building is set to be delivered for occupancy in October of 2017.
They are asking $43.00/SF for the space right now. To provide some context to that number, similar A class downtown sublease space is going for around $15.00/SF. Needless to say they are having serious trouble leasing what's left there.
http://telussky.com/floorplans/#floorplan-0