Times Group to Pay $122 Million for Yonge St. Redevelopment Site

It’s all about those 500 metres to the subway station, the president of Times Group said about the $ 122 million his Toronto-area company agreed this week to pay for an 8.1-acre site in the north end of the city. CoStar News can report that Times 5800 Inc., an affiliate of Times Group, bought the development site at 5800 Yonge St. from Toronto-Hydro Electric System Ltd., in a deal tied to the 1.25 million square feet of potential density. “It…
National Commercial Real Estate News From CoStar Group

Leave a Reply

Your email address will not be published. Required fields are marked *