CHALLENGE

Rapp Collins Worldwide Canadian affiliate based in Oakville, Hughes Rapp Collins, had purchased Communicaide Integrated Marketing Services which was based in Mississauga and the management team wanted a new, “different” marquis location similar to office space in downtown Toronto with plenty of staff amenities and underground in which to consolidate and grow its newly-amalgamated staff.

SOLUTION

A space needs analysis determined the new combined location was just over 22,000sf and the parking and amenity requirements quickly focused the search on 50 Burnhamthorpe Road West in the Mississauga City Centre.

RESULTS

The Wilson team identified office space overlooking the building atrium that had long sat vacant in the “A” class building because of its sloped glass roof – which was the very image the client desired.  Knowing the landlord was anxious to lease the space the team employed an aggressively-positioned Offer to Lease to negotiate an above-market leasehold improvement allowance at rental rates that set a new low for Net Effective Rents in the City Centre office market