Morguard Corporation is putting its real estate management expertise to work at two major Bloor Street locations

"Morguard sets the standard in real estate services and the addition of these properties to our management portfolio will allow us to showcase our services at two more prime locations in downtown Toronto," said Rai Sahi, Chairman and Chief Executive Officer, Morguard Corporation. "60 Bloor Street West and 77 Bloor Street West are excellent properties. We're excited about the opportunity to bring to bear the exceptional staff we have in asset and property management and leasing to provide our investors

Both 60 Bloor Street West and 77 Bloor Street West are marquee properties that feature a sizeable mix of office and retail space, well-established tenants, an exceptional central location with excellent transportation facilities, and an extensive range of retail, service, and dining and entertainment amenities.

  60 Bloor Street West (northeast corner of Bay and Bloor Streets)
    -  255,727 square feet of total space: including 217,943 square feet
       of office and 37,784 square feet retail space
    -  Lead tenants: Young & Rubicam, The Gap

  77 Bloor Street West (southwest corner of Bay and Bloor Streets)
    -  347,817 square feet of total space: including 370,306 square feet of
       office and 22,489 square feet retail space
    -  Lead Tenants: TD Waterhouse, Harry Rosen, Realstar Management, TD
       Canada Trust

The addition of these properties to Morguard's management portfolio increases the company's already sizeable presence in Toronto's downtown core. Morguard now either owns or manages a significant amount of key office, retail and multi-unit rental residential real estate along Bloor Street. Morguard's current properties include The Colonnade at 131 Bloor Street West, which features office, retail and luxury residential suites; and, 50 Bloor Street West, home to major retail tenants including Holt Renfrew, HMV, Zara and BCBG.