RENX: BentallGreenOak acquires 50% of Waterfront Innovation Centre
BentallGreenOak is expanding its relationship with Menkes Developments at major downtown Toronto properties, acquiring a 50 per cent interest in the Waterfront Innovation Centre. The 475,000-square-foot office and retail development on Toronto’s east waterfront is currently under construction and scheduled for occupancy in 2021.
BentallGreenOak made the transaction on behalf of the Sun Life Assurance Company. Financial details were not disclosed.