Cover Page.3952

February 2009

Cushman & Wakefield LePage Inc. Downtown Fringe Report Please click on any of the listings below

HeadLease

HeadLease

Sub-Lease

426 Adelaide Street West

1095 Queen Street West

345 Adelaide Street West

490 Adelaide Street West

1155-1171 Queen Street West

370 King Street West

226 Bathurst Street

379-381 Queen Street West

901 King Street West

595 Bay Street

477 Queen Street West

67 Mowat Avenue

41-43 Colborne Street

370 Queens Quay West

80 Peter Street

243 College Street

24 Ryerson Avenue

130 Spadina Avenue

567 College Street

170 Spadina Avenue

00 Commissioners Street

110 Sudbury Street

24 Duncan Street

60 Sumach Street

65 Front Street East

5-7 The Esplanade

42 Gladstone Avenue

425 University Avenue

35 Golden Avenue

454 Yonge Street

441 Jarvis Street

25 York Street

150 John Street 7 Labatt Avenue 10 Lower Spadina Avenue 33-39 Niagara Street 111 Peter Street

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 1 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

426 Adelaide Street West, Toronto Location:

Additional Rent:

Adelaide Street West and Spadina Avenue

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # entire building

Suite

Sq. Ft. 1,300

Asking Rate Negotiable

Available Immediately

Lease Expiry

Listing Comments Quoted rental rate is $2,800 per month. Open concept on two floors plus a basement.

Recently renovated exterior.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 2 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

490 Adelaide Street West, Toronto Location:

Additional Rent:

the north side of Adelaide Street, one block east of Bathurst Street.

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # lower level

Suite

Sq. Ft. 1,368

Asking Rate $18.00 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Quoted semi-gross rent excludes hydro. Brick and beam space with abundant natural light. Freight elevator shipping. Renovated open space.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 3 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

226 Bathurst Street , Toronto Location:

Additional Rent:

west side of Bathrust Street, north of Queen Street West

Stage of Completion:

Tim Novak

David Macey

416-756-5430

416-359-2479

Floor #

Suite

Sq. Ft.

Asking Rate

Available

Existing

Lease Expiry

Listing Comments

lower level

2,611

$20.50 Semi-Gross

Immediately

Mix of offices and open area. Wheelchair accessible. Entire building potentially available.

1

2,611

$20.50 Semi-Gross

Immediately

Mix of offices and open area. Wheelchair accessible. Entire building potentially available.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 4 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

595 Bay Street , Toronto Additional Rent:

Location:

$21.03

northeast corner Bay Street and Dundas Street West

2009

Stage of Completion:

Derek Woodburn

Jay Littlejohn

416-359-2350

416-359-2708

Floor #

Suite

Sq. Ft.

Asking Rate

Available

Existing

Lease Expiry

Listing Comments

10

4,500

Negotiable

Immediately

Elevator exposure, high-end improvements, great views. 595 Bay Street.

10

6,803

Negotiable

Immediately

Open plan, great natural light, Dundas Square views. 20 Dundas Street West.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 5 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

41-43 Colborne Street , Toronto Additional Rent:

Location:

$13.25

On the south side of Colborne Street, just west of Church Street.

2008

Stage of Completion:

Lee Billinkoff

Sue Nhieu

416-359-2633

416-359-2526

Floor # 3

Suite

Sq. Ft. 3,426

Asking Rate $18.00 Net

Available 6/1/2009

Existing

Lease Expiry

Listing Comments Full floor with elevator opening into space. High ceilings and exposed brick throughout.

Mix of offices and open area.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 6 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

243 College Street , Toronto Location:

Additional Rent:

located on the south side of College Street, just west of University Avenue

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # 5

Suite

Sq. Ft. 5,254

Asking Rate $20.55 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Quoted semi-gross rent is $9,000 per month. Yabu Pushelberg design. Unique full floor opportunity. Excellent views and natural light. Highly finished open concept office. Full kitchen and fireplace. Private elevator.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 7 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

567 College Street , Toronto Additional Rent:

Location:

$15.00

southwest corner of College Street and Manning Avenue

2008

Stage of Completion:

Existing

David Macey 416-359-2479 Floor #

Suite

lower level

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

1,190

$10.00 Net

Immediately

Great for professional tenants. Existing infrastructure for doctors/dentists.

2

201

1,013

$10.00 Net

Immediately

Great for professional tenants. Existing infrastructure for doctors/dentists.

2

202

1,150

$10.00 Net

Immediately

Great for professional tenants. Existing infrastructure for doctors/dentists.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 8 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

00 Commissioners Street , Toronto Additional Rent:

Location:

$7.50

Don Roadway and Commissioners Street

2010

Stage of Completion:

Firmly Proposed

Lee Billinkoff

Sue Nhieu

Eric Shaw

416-359-2633

416-359-2526

416-359-2425

Floor # entire building

Suite

Sq. Ft. 220,000

Asking Rate Negotiable

Available 1/1/2010

Lease Expiry

Listing Comments Construction expected to commence in 2008. Building expected to be completed in 2010.

Taxes and operating costs ranges from $6 to $8 per annum (2010 estimate).

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 9 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

24 Duncan Street , Toronto Additional Rent:

Location:

$15.40

On the northwest corner of Adelaide and Duncan Streets.

2008

Stage of Completion:

Existing

Ted Reilly 416-359-2485 Floor # 2

Suite

Sq. Ft. 2,746

Asking Rate Negotiable

Available Immediately

Lease Expiry

Listing Comments Full floor opportunity with high ceiling and lots of natural light. Three offices, open area, large boardroom, server room, and kitchenette.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 10 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

65 Front Street East, Toronto Location:

Additional Rent:

At the intersections of Church, Front and Wellington Streets on the southeast corner.

Stage of Completion:

Existing

Sue Nhieu 416-359-2526 Floor # 3

Suite

Sq. Ft. 2,988

Asking Rate $37.00 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Quoted semi-gross rent excludes in-suite janitorial. High ceilings and exposed brick throughout. Top floor; built out with eight offices, storage, and open area.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 11 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

42 Gladstone Avenue , Toronto Location:

Additional Rent:

just north of Queen Street West

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # 2

Suite

Sq. Ft. 6,000

Asking Rate $25.00 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Quoted semi-gross rate excludes hydro. Painted brick and beam throughout. 13 ft. ceilings. Can be divided to 3,180 sq. ft. Quality improvements coming. Extensive renovations underway including new HVAC, polished concrete floors, paint, new windows, etc.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 12 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

35 Golden Avenue , Toronto Location:

Additional Rent:

at Bathurst, south of King

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # entire building

Suite

Sq. Ft. 44,500

Asking Rate $15.00 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Quoted semi-gross rate excludes hydro. Premises consist of an office portion of 4,790 sf and a studio or light manufacturing portion of 40,000 sf. Wood/concrete floors throughout.

13 to 16 ft. ceilings. Truck level and drive-in shipping. Ideal for creative office, film, TV production, or light manufacturing.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 13 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

441 Jarvis Street , Toronto Location:

Additional Rent:

located on the east side of Jarvis Street mid-block between Wellesley Street and Carlton Street

Stage of Completion:

Existing

Eric Shaw 416-359-2425 Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

lower level

840

Negotiable

Immediately

Quoted rent is $4,500 per month. Boardroom and three large offices. Space could work very well for small professional user (i.e., lawyer, architect, investment firm).

1

454

Negotiable

Immediately

Quoted rent is $4,500 per month. One large office, private bathroom, and reception area.

Space could work very well for small professional user (i.e., lawyer, architect, investment firm).

3

1,130

Negotiable

Immediately

Quoted rent is $3,500 per month. Two large offices/meeting rooms, storage, reception area, and private bathroom. Space could work very well for small professional user (i.e., lawyer, architect, investment firm).

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 14 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

150 John Street , Toronto Additional Rent:

Location:

$17.50

On the northwest corner of Richmond Street and John Street.

2008

Stage of Completion:

Peter Cook

Tim Novak

416-359-2404

416-756-5430

Floor # 7

Suite

Sq. Ft. 5,287

Asking Rate $18.00 Net

Available Immediately

Existing

Lease Expiry

Listing Comments Quality views of downtown core. Existing improvements in place. Landlord will paint and carpet.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 15 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

7 Labatt Avenue , Toronto Location:

Additional Rent:

Queen Street East & River Street

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

1

100

3,000

$14.00 Semi-Gross

Immediately

Quoted semi-gross rent excludes hydro. Open brick and beam with 16 ft. ceilings. Airconditioned, direct access to 2 x truck level shipping.

2

200

2,500

$17.00 Semi-Gross

Immediately

Quoted semi-gross rent excludes hydro. Five private offices, washroom, open space, t-bar ceilings. Private office/boardroom with balcony.

3

300

5,000

$17.00 Semi-Gross

Immediately

Quoted semi-gross rent excludes hydro. Five private offices, washroom, open space, t-bar ceilings. Private office/boardroom with balcony.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 16 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

10 Lower Spadina Avenue , Toronto Additional Rent:

Location:

$15.00

On the northwest corner of Spadina Avenue and Queens Quay.

2009

Stage of Completion:

John Langton

David Grant

416-359-2414

905-501-6423 Asking Rate

Available

Existing

Floor #

Suite

Sq. Ft.

Lease Expiry

Listing Comments

2

200-201

6,281

$15.00 Net

Immediately

Landlord will build space within the net rate. Bright space with great views of the Waterfront.

3

301-304

8,940

$15.00 Net

Immediately

Landlord will build space within the net rate. Bright space with great views of the Waterfront.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 17 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

33-39 Niagara Street , Toronto Location:

Additional Rent:

north of Bathurst Street and Front Street

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # 1

Suite

Sq. Ft.

37 Niagara Street 7,867

Asking Rate $16.00 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Quoted semi-gross rent excludes hydro and gas. Available in 30 to 60 days. Exclusive main floor with flexibility. Open with 16 ft. plus ceilings and skylights. Concrete floors.

Ideal for film or TV production, gallery, retail, or studio/office.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 18 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

111 Peter Street , Toronto Additional Rent:

Location:

$15.33

On the East side of Peter Street, South of Richmond Street

2009

Stage of Completion:

Existing

Eric Shaw

Sue Nhieu

Lee Billinkoff

416-359-2425

416-359-2526

416-359-2633

Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

1

104

1,353

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

1

105

932

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

1

106

674

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

1

108

1,807

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

1

126

2,621

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

2

230

4,137

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

4

404

2,023

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

4

405

2,406

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

4

410

4,005

$15.00 Net

Immediately

Model suite. Please call agents to discuss tenent improvement allowance.

5

504

1,277

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 19 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

111 Peter Street , Toronto Additional Rent:

Location:

$15.33

On the East side of Peter Street, South of Richmond Street

2009

Stage of Completion:

Existing

Eric Shaw

Sue Nhieu

Lee Billinkoff

416-359-2425

416-359-2526

416-359-2633

Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

5

506

464

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

6

605

1,245

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

6

608

1,635

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

6

615

696

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

6

616

463

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

6

620

449

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

6

621A

374

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

9

903

1,714

$15.00 Net

Immediately

Please call agents to discuss tenent improvement allowance.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 20 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

1095 Queen Street West, Toronto Location:

Additional Rent:

Stage of Completion:

Existing

Philip Traikos 416-756-5420 Floor # 1

Suite

Sq. Ft.

Asking Rate

Available

4,000

$20.00 Gross

Immediately

Lease Expiry

Listing Comments

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 21 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

1155-1171 Queen Street West, Toronto Location:

Additional Rent:

located at the south side of Queen Street West, just west of Dovercourt Road

Stage of Completion:

Under Construction

Tim Novak 416-756-5430 Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

2

1

496

$25.00 Net

4/1/2010

Second floor office fronting on Queen Street West.

2

10

786

$25.00 Net

4/1/2010

Second floor office fronting on Queen Street West.

2

11

551

$25.00 Net

4/1/2010

Second floor office fronting on Queen Street West.

2

12

1,040

$25.00 Net

4/1/2010

Second floor office fronting on Queen Street West.

2

13

828

$25.00 Net

4/1/2010

Second floor office fronting on Queen Street West.

2

14

823

$25.00 Net

4/1/2010

Second floor office fronting on Queen Street West.

2

2

1,312

$25.00 Net

4/1/2010

Second floor office fronting on the pedestrian.

2

3

999

$25.00 Net

4/1/2010

Second floor office fronting on the pedestrian.

2

4

999

$25.00 Net

4/1/2010

Second floor office fronting on the pedestrian.

2

5

1,189

$25.00 Net

4/1/2010

Second floor office fronting on the pedestrian.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 22 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

1155-1171 Queen Street West, Toronto Location:

Additional Rent:

located at the south side of Queen Street West, just west of Dovercourt Road

Stage of Completion:

Under Construction

Tim Novak 416-756-5430 Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

2

6

592

$25.00 Net

4/1/2010

Second floor office fronting on the pedestrian.

2

7

524

$25.00 Net

4/1/2010

Second floor office fronting on the pedestrian.

2

8

511

$25.00 Net

4/1/2010

Second floor office fronting on the pedestrian.

2

9

833

$25.00 Net

4/1/2010

Second floor office fronting on Queen Street West.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 23 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

379-381 Queen Street West, Toronto Location:

Additional Rent:

southwest corner of Queen Street West and Peter Street

Stage of Completion:

Existing

David Macey 416-359-2479 Floor # 2

Suite

Sq. Ft. 4,660

Asking Rate $32.50 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Private patio, open concept. Mix of brick and beam traditional office. Clean state, flexible space. Ideal branding opportunity.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 24 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

477 Queen Street West, Toronto Additional Rent:

Location:

$12.00

on the south side of Queen Street West, west of Spadina Avenue

2009

Stage of Completion:

Jared Collis

David Rose

416-359-2542

416-359-2556

Floor # 3

Suite

Sq. Ft. 6,730

Asking Rate $17.50 Net

Available Immediately

Existing

Lease Expiry

Listing Comments Brand new office space in trendy Queen West area. Built to suit tenant. Full floor opportunity. Perfect for a creative company. Landlord will provide a tenant allowance to build out space.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 25 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

370 Queens Quay West, Toronto Additional Rent:

Location:

$11.50

north side of Queens Quay West, near Spadina Avenue

2007

Stage of Completion:

Existing

Mike Brown 416-756-5416 Floor #

Suite

Sq. Ft.

Asking Rate

Available

2

202

2,151

$14.00 Net

Immediately

3

301

4,838

$14.00 Net

Immediately

Lease Expiry

Listing Comments

Lots of light. Windows on both sides of suite.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 26 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

24 Ryerson Avenue , Toronto Location:

Additional Rent:

north of Queen, east of Bathurst

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # 2

Suite

Sq. Ft. 3,200

Asking Rate $26.00 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Full floor. Exposed brick and beam throughout. Ample natural light. Flexible square footage and layout. Quality improvements to the building.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 27 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

170 Spadina Avenue , Toronto Additional Rent:

Location:

$9.97

on the west side of Spadina Avenue, just north of Queen Street West

2007

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # 2

Suite

Sq. Ft. 7,500

Asking Rate $18.00 Net

Available Immediately

Lease Expiry

Listing Comments Highly visible building with separate second floor street entrance. Loading dock and freight elevator. Open concept and polished concrete floors with minimal columns. Entire building also available for lease or sale.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 28 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

110 Sudbury Street , Toronto Additional Rent:

Location:

$6.80

In the King and Dufferin area, just south of Queen Street off Lisgar Street.

2006

Stage of Completion:

Tim Novak

Peter Cook

416-756-5430

416-359-2404

Floor #

Sq. Ft.

Asking Rate

Available

1 - 31 Lisgar Street

6,085

$6.00 Net

Immediately

Industrial space. Flexible build-out, high ceilings, offices plus production area.

1 - 35 Lisgar Street

6,895

$6.00 Net

Immediately

Industrial space.

1 - 47 Lisgar Street

14,132

$6.00 Net

Immediately

Can be used either for office or industrial. Mix of office and open area.

4,941

$6.00 Net

Immediately

Combination of offices and open space. Term is flexible.

2 - 45 Lisgar Street

Suite

Existing

201A

Lease Expiry

Listing Comments

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 29 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

60 Sumach Street , Toronto Location:

Additional Rent:

between King Street East and Queen Street East

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor # 1

Suite

Sq. Ft. 800

Asking Rate $26.00 Semi-Gross

Available Immediately

Lease Expiry

Listing Comments Open plan. Brick and beam with 14 ft. ceilings.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 30 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

5-7 The Esplanade , Toronto Additional Rent:

Location:

$22.00

southeast corner of The Esplanade and Yonge Street

2011

Stage of Completion:

Jay Littlejohn

Geoff Moffat

416-359-2708

416-359-2534

Floor # entire building

Suite

Sq. Ft. 280,000

Asking Rate Negotiable

Available 1/1/2011

Firmly Proposed

Lease Expiry

Listing Comments Floors 1 and 2 are approximately 24,000 sf each. Floors 3 through 19 are approximately 15,000 sf each.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 31 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

425 University Avenue , Toronto Additional Rent:

Location:

$15.60

On the east side of University Avenue, just south of Dundas Street.

2008

Stage of Completion:

Derek Woodburn

Ted Reilly

416-359-2350

416-359-2485 Asking Rate

Available

Existing

Floor #

Suite

Sq. Ft.

Lease Expiry

Listing Comments

3

302

1,672

$14.00 Net

Immediately

Base building, turnkey available.

3

304

1,266

$14.00 Net

Immediately

Open with one office and new carpet.

4

401

1,375

$14.00 Net

Immediately

Three offices, boardroom.

5

501

999

$14.00 Net

Immediately

Base building, turnkey available.

6

601

1,121

$14.00 Net

Immediately

Two offices, boardroom, kitchen.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 32 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

454 Yonge Street , Toronto Additional Rent:

Location:

$15.41

on the west side of Yonge Street, just north of College Street.

2008

Stage of Completion:

Existing

Tim Novak 416-756-5430 Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

2

191

$11.50 Net

Immediately

Single private offices or combine for growth. Full HVAC. Available for a minimum oneyear term.

2

195

$11.50 Net

Immediately

Single private offices or combine for growth. Full HVAC. Available for a minimum oneyear term.

2

196

$11.50 Net

Immediately

Single private offices or combine for growth. Full HVAC. Available for a minimum oneyear term.

2

264

$11.50 Net

Immediately

Single private offices or combine for growth. Full HVAC. Available for a minimum oneyear term.

2

356

$11.50 Net

Immediately

Single private offices or combine for growth. Full HVAC. Available for a minimum oneyear term.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 33 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

25 York Street , Toronto Additional Rent:

Location:

$22.00

northeast corner of Bremner Boulevard and York Street (south of Union Station)

2009

Stage of Completion:

Under Construction

Doug Hitchcox

Lee Billinkoff

Michael Case

416-359-2473

416-359-2633

416-359-2495

Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

6

13,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

7

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

8

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

9

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

10

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

12

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

14

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 34 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report HeadLease

25 York Street , Toronto Additional Rent:

Location:

$22.00

northeast corner of Bremner Boulevard and York Street (south of Union Station)

2009

Stage of Completion:

Under Construction

Doug Hitchcox

Lee Billinkoff

Michael Case

416-359-2473

416-359-2633

416-359-2495

Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

15

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

16

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

17

27,426

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

18

20,000

Negotiable

9/1/2009

Ultra-modern architecture and infrastructure. LEED silver (leadership in environmental energy and design).

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 35 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report Sub-Lease

345 Adelaide Street West, Toronto Location:

Additional Rent:

Located on the south side of Adelaide Street, between Spadina Avenue and Peter Street.

Stage of Completion:

Existing

Derek Woodburn 416-359-2350 Floor #

Suite

Sq. Ft.

6

600

6,000

Asking Rate $26.50 Semi-Gross

Available

Lease Expiry

Immediately

8/30/2010

Listing Comments Quoted semi-gross rate excludes utilities. Landlord willing to extend term. Entire top floor of a brick and beam building. Painted brick with wood post and beams throughout. High ceilings and exposed spiral HVAC ducts. Mainly open concept with reception area, boardroom, meeting rooms, kitchen, lounge, server room with cooling. Funky space; conducive to a creative work environment. Very bright with windows on all four sides and two skylights.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 36 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report Sub-Lease

370 King Street West, Toronto Additional Rent:

Location:

$17.25

On the north side of King Street West, between Widmer Street and Peter Street.

2009

Stage of Completion:

Existing

Jared Collis

Lee Billinkoff

Sue Nhieu

416-359-2542

416-359-2633

416-359-2526

Floor # 5

Suite

Sq. Ft. 6,720

Asking Rate Negotiable

Available

Lease Expiry

Immediately

11/29/2012

Listing Comments Open concept with new carpet. Exclusive outdoor terrace.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 37 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report Sub-Lease

901 King Street West, Toronto Additional Rent:

Location:

$15.17

On the southeast corner of King Street West and Strachan Avenue, just west of Bathurst Avenue.

2009

Stage of Completion:

Existing

Denise Rispolie

Richard Haig

Phil Dowd

416-359-2667

416-359-2448

416-359-2419

Floor #

Suite

Sq. Ft.

Asking Rate

Available

Lease Expiry

Listing Comments

1

10,246

Negotiable

Immediately

4/29/2011

Raised floor throughout. Lab space, meeting rooms. First three months of term gross free rent for any subtenant commencing by July 2009.

2

35,685

Negotiable

Immediately

4/29/2011

Full floor. Built in reception, open area with interior offices, large boardroom, large kitchen. First three months of term gross free rent for any subtenant commencing by July 2009.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 38 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report Sub-Lease

67 Mowat Avenue , Toronto Location:

Additional Rent:

Stage of Completion:

Existing

Eric Shaw 416-359-2425 Floor # 5

Suite

Sq. Ft. 3,624

Asking Rate $28.50 Semi-Gross

Available

Lease Expiry

Immediately

9/30/2010

Listing Comments Move-in condition. Exposed brick. Build out consists of three offices (all on glass), meeting room, boardroom, open area, and kitchenette. Excellent views of the financial core area. Head landlord is willing to extend the term.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 39 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report Sub-Lease

80 Peter Street , Toronto Additional Rent:

Location:

$17.65

On the northwest corner of King and Peter Streets, 4 blocks west of Simcoe Street.

2008

Stage of Completion:

Geoff Moffat

Sue Nhieu

416-359-2534

416-359-2526

Floor # 1&2

Suite

Sq. Ft. 7,200

Asking Rate Negotiable

Existing

Available

Lease Expiry

Immediately

2/27/2010

Listing Comments Prominent street exposure in entertainment district. Exterior building signage opportunity.

Private entrance.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.

February 2009

Page 40 of 40

Cushman & Wakefield LePage Inc. - Downtown Fringe Report Sub-Lease

130 Spadina Avenue , Toronto Additional Rent:

Location:

$10.00

On the southwest corner of Spadina and Richmond Street West.

2009

Stage of Completion:

Existing

Scott Willis 416-359-2585 Floor #

Suite

Sq. Ft.

7

708

1,153

Asking Rate $17.00 Net

Available

Lease Expiry

Immediately

10/31/2009

Listing Comments Primarily open concept. Currently occupied by a law firm. Two offices, meeting room, and some open area.

The information contained herein has been provided to Cushman & Wakefield LePage Inc. by others. We do not warrant its accuracy. You are advised to independently verify the information prior to submitting an Offer and to provide for sufficient due diligence in an Offer. The information contained herein may change from time to time without notice. The property may be withdrawn from the market at any time without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice.