753 Seymour | 123m | 32Fl | Completed

[jollyburger]

Originally Posted by officedweller

Apparently, when the BC Securities Commission was shopping around to leave 701 West Georgia last year (?) (potentially leaving the CBD), Cadillac Fairview was looking to enforce the "restoration" clause in their lease, so it would have cost them many millions of dollars (I can't recall the figure) to remove their internal staircase if they left. They ended up renewing.

Yeah they said they recently renewed at the end of 2019/2020

We will also spend $2.5M on leasehold improvements as we have entered into a new ten year lease for the office premises that we have occupied since November 2000

https://www.bcsc.bc.ca/-/media/PWS/R...-2020-2023.pdf

We run local operations from a downtown Vancouver office to be close to the market participants that we regulate. Our 68,000 square feet of space cost us about $57 per square foot for 2019, under a lease that expires in November 2021.

https://www.bcsc.bc.ca/-/media/PWS/R...ort-201819.pdf

Our lease ends November 30, 2021. Rent is as follows:
December 1, 2013 - November 30, 2015 $1,665,000 per year
December 1, 2015 - November 30, 2017 $1,725,000 per year
December 1, 2017 - November 30, 2019 $1,815,000 per year
December 1, 2019 - November 30, 2021 $1,910,000 per year

https://www.bcsc.bc.ca/-/media/PWS/R..._2014_2017.pdf