Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Brokers Shopify’s 433K SF Office Lease


TORONTO - December 19, 2018 - Cushman & Wakefield (NYSE: CWK) announced that it recently brokered Shopify’s lease of up to 433,752 square feet in downtown Toronto’s new development, The Well. Michael Scace, Alan Rawn and Lauren Luchini of Cushman & Wakefield were the exclusive representatives of Shopify who agreed to a long-term lease of 15 years commencing in 2022.

“Having Shopify commit to such a significant amount of space at Allied REIT and RioCan’s latest project The Well is not only a great Canadian story, but a true testament to Toronto’s desirability for world-class tenants,” said Michael Scace, Senior Vice President, Cushman & Wakefield.

The Cushman & Wakefield team has been the representative of Shopify since 2013, helping find the e-commerce company office space to accommodate its rapid pace of growth in Toronto over the past five years. The team first secured a space at 80 Spadina Avenue in 2013 and then later secured a new headquarters lease of 158,520 square feet that launched King-Portland Centre in 2016. This most recent transaction at The Well development commits to an initial 254,000 square feet with unprecedented expansion rights for the remaining square footage.

The commercial component of The Well is a joint venture between Allied REIT and RioCan. It is a mixed-use project that includes residential, commercial and retail that will bring more than 3 million square feet to the city, of which Shopify has made a significant investment. This Class AAA office building design is targeting LEED Platinum certification and is scheduled for completion in 2022.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit or follow @CushWake on Twitter. 


Cushman & Wakefield utilise des cookies pour analyser le trafic et offrir à nos clients une meilleure expérience de navigation sur ce site. Fermez cette boîte de dialogue pour confirmer votre consentement ou consultez cette page pour en savoir plus :
Notification de cookie

Accepter et fermer
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All