Sorbara Group of Companies finalizes biggest retail/office deal in company history at Beacon Condos in North York

Sorbara Group of Companies is proud to announce our anchor tenant at our Beacon Condos in North York (5200 Yonge Street). Spaces, owned by parent company Regus, have executed a 15-year lease to occupy 42,000 sq. ft. of our commercial space in early 2019. Spaces is a company focused on providing cutting edge rental office space to meet the needs of both small and large organizations over a few hours, or even a few years. This kind of flexibility attracts small business owners as well as professionals looking to conduct meetings or complete projects without having to secure a long term lease for office space. The company will occupy the entire second and third floor of the designated retail space. In addition, they will occupy 1,000 sq. ft. on the ground floor which will be dedicated to a local coffee shop. The offices will have a capacity of 500 people at any given time.

To learn more about our remaining leasable space at Beacon Condos in North York, please contact David Taggart at 905.850.6154 or dtaggart@sorbara.com