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  #221  
Old Posted Apr 20, 2018, 2:51 AM
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I always thought The Bay HQ was in the Simpsons Tower.
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  #222  
Old Posted Apr 20, 2018, 3:30 AM
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Originally Posted by caltrane74 View Post
I always thought The Bay HQ was in the Simpsons Tower.
I've only known it to be in Brampton as I grew up there and know of two people who have worked there.

Just read that it was formerly at Simpsons Tower.
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  #223  
Old Posted Apr 20, 2018, 2:01 PM
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First National already has signage on the Exchange Tower. Tim's will probably have to wait until that agreement expires for a shot at putting their own branding on the building.

Once the private equity guys out of New York took over HBC, they moved everyone out of 401 Bay and split them between the Brampton office and a second location at Lawrence and Allen. It was an old data centre converted into additional office space and looks like the most depressing place in the world to work.



Now they just maintain a partial floor at the Simpson Tower more for ceremonial purposes. I think they have some board meetings there and maybe do the annual management call out of the location.
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  #224  
Old Posted Apr 20, 2018, 2:21 PM
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I don't recall seeing any signage on Exchange Tower. I know First National's HO is at University and King. I interviewed there 10 years ago. I assume it's still there. Mind you, I don't really look up when I'm walking around, but are you sure there's signage?
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  #225  
Old Posted Apr 20, 2018, 2:23 PM
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So much of older office complexes are themselves depressing or in depressed looking areas. That is those well outside the downtown core.

They lack either modernity or old time charm.

Here is a building on Rexdale with BMO signage. Went in there once 15 years ago. Didn't look modern then either. But that's fine. It's the surrounding that is ugly.

https://www.google.ca/maps/@43.71158...7i13312!8i6656
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  #226  
Old Posted Apr 20, 2018, 2:38 PM
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TSN/CTV HO at 401 and McCowan. Place is a zoo when it comes to traffic. And the building itself is blah.

https://www.google.ca/maps/@43.78073...7i13312!8i6656
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  #227  
Old Posted Apr 20, 2018, 2:49 PM
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Meanwhile, this is Sportsnet's HO in the Rogers building. Could qualify for Ugly Canada thread depending on your personal tastes.





Also have studio at Peter and King, where The Score was located:

https://www.google.ca/maps/@43.64603...7i13312!8i6656
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  #228  
Old Posted Apr 20, 2018, 2:50 PM
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Originally Posted by megadude View Post
I don't recall seeing any signage on Exchange Tower. I know First National's HO is at University and King. I interviewed there 10 years ago. I assume it's still there. Mind you, I don't really look up when I'm walking around, but are you sure there's signage?
Sorry I meant National Bank.
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  #229  
Old Posted Apr 20, 2018, 3:03 PM
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It's only about 60,000 square feet in a building with a million. I doubt they would ever get the option to put up a sign at the top of the building and probably too cheap for it too.
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  #230  
Old Posted Apr 20, 2018, 3:58 PM
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Sorry I meant National Bank.
Also interviewed there about 7 years ago. But in Burlington office at Burloak and North Service, which is a complex I rather like.

Didn't get either job
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  #231  
Old Posted Apr 25, 2018, 11:50 PM
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City’s largest industrial land deal in a decade closes

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Hungerford Properties has acquired two large South Vancouver industrial sites totalling 15.5 acres. The first, a 12.5-acre site at 86 Southeast Marine Drive, is the largest industrial acquisition in the city of Vancouver in the last 10 years in terms of square footage.
https://biv.com/article/2018/04/vanc...-decade-closes
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  #232  
Old Posted Oct 31, 2018, 6:11 PM
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Was just reading an article on The Guardian about how Channel 4 is moving their HQ from London to Leeds, which was the 3rd favourite behind Birmingham and Manchester.

Many months ago I started a thread asking which comparable countries have a city or cities that dominate or control their country more than here. Well there are quite a few. UK, France and Japan are the most obvious. There are a few obvious factors that contribute to that and those were well discussed.

In a corporate sense, I've wondered about this kind of thing for several years now because I work Downtown TO, but for a company that is HQ in a small city, where my company is an institution.

In that city, the employees are spread out through four buildings, and one is on the other side of town. This is because as they grew, the head office was not big enough to accommodate everyone. And there would never be enough vacant office space at one time to consolidate everyone in a new location. As well, building from scratch would be prohibitively expensive. There were thoughts about relocating to TO, but given their history in their hometown and not wanting to disrupt the comfortable lives of their existing employees, that idea was dismissed.

Anyway, here's a question I thought I'd ask. What are some examples of corporations here that surprisingly moved their HQ to another city? Even if decisions are still made in a small office that remained behind, but the majority of the positions moved. Whether it was from big city to small city or small city, where they are culturally ingrained, to the big city, where they are just another company.

What was the reasoning? Tax incentives? Closer proximity to their clients or the resource they extract?

Montreal has lots of examples of HQs moving way back when, but don't know if those really qualify as surprising given the circumstances.

Here's an example my old boss told me of because he himself was worried if his company would be next because he was also at a lifeco:

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1992 — Moving to Regina

Two eastern-based financial institutions announced they were relocating to Regina. Crown Life, a 90-year-old Toronto-based life insurance company, said it was packing its bags and moving to Regina, in exchange for a $250-million equity injection from the province. About 1,000 jobs were relocated, although all but the most senior Crown Life employees chose not to move to Regina. The same year, federal agricultural lender Farm Credit Corp. (later Farm Credit Canada) announced it was moving from Ottawa to Regina. Crown Life was eventually swallowed by Canada Life, then Great-West Life, but maintains a significant operation in Regina. FCC continues to make Regina its head office.


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Soaring above the bid decision itself, there is an even greater principle at stake. For as long as I can remember, senior ministers have been paying lip service to the argument that London’s grip on the life of the nation is seriously excessive, and that more attention must be paid to what is variously called “decentralisation”, “devolution”, “regionalisation” and much else besides.
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What makes Channel 4’s relocation so remarkable is that it absolutely does not fit this pattern. For once, a blue-chip national institution with global reach really will be leaving London. And – though the move involves only a single company and 300 employees – its ripple effect is potentially immense. For the first time, a front-rank media organisation at the heart of the nation’s cultural life will be unambiguously based outside the capital.
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The broadcaster also announced that Bristol and Glasgow had been chosen to house two smaller creative hubs, with Cardiff missing out. This will take the total number of Channel 4 workers moving out of London to about 300.

The majority of staff, including Mahon, will remain in the capital but the chief executive said she expected to spend a significant proportion of her time in Yorkshire and the other regional bases.
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  #233  
Old Posted Oct 31, 2018, 6:25 PM
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The Canadian Tourism Commission, known as Destination Canada today, is a Crown Corporation like Farm Credit, and it moved from Ottawa to Vancouver. It was said that this was to capitalized on the 2010 Olympics but everyone knew it was a political decision.

Imperial Oil moved its HQ from Toronto to Calgary.

Costco moved its HQ from Laval to Ottawa.

CP Rail moved to Calgary from Montreal.

CAE flight simulators moved its HQ from Toronto to Montreal.

Alliance Atlantis Vivafilm (not sure if it still exists) moved its HQ from Toronto to Montreal.

Not sure if any of these are surprises though.
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  #234  
Old Posted Oct 31, 2018, 6:48 PM
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I'm assuming that megadude works for London Life/GWL?
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  #235  
Old Posted Oct 31, 2018, 7:32 PM
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I'm assuming that megadude works for London Life/GWL?
Good guess. But nope! Have been at two lifecos but GWL/LL ain't one. My best work friend at my current place did move to London Life since he's from Guelph and was commuting to DT TO. He likes the smaller city feel and so he bought a house just outside London.

The former chief compliance officer in our office is from London and took the job here and bought a house in west Burlington. Commute was 1:25. Then she got a job at LL and moved back and was happy to be a 20 minute drive away from work and living in a bigger house.
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  #236  
Old Posted Oct 31, 2018, 8:56 PM
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Manulife or Sunlife then.

As to the question. Pretty much every major company headquartered in Toronto that existed before 1950.

I had HBC in my previous post. It's effectively run out of New York now. Not a conscious decision by Canadian leadership but a product of the times.
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  #237  
Old Posted Oct 31, 2018, 8:57 PM
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Looks like Vancouver is the new darling of commercial real estate in Western Canada

Commercial Real Estate: 'I've never seen demand as high' for Vancouver office space

Vancouver office leasing specialist Colin Scarlett recently got a request that doesn’t come along very often.

“I got a phone call from somebody from San Francisco a week-and-a-half ago,” said the Colliers International executive vice-president. “A big-name company. They need 250,000 square feet (of office space) in Vancouver.”

“I’ve only got that phone call once in my career,” he told Postmedia. “I’ve been doing this for 22 years and I’ve never seen the demand as high as what it is today.”

Vancouver’s offices are now maturing beyond just professional services firms and small branches, he said.

“This is the first time where we have seen global Fortune 1000 companies that want to have a presence in Vancouver,” he said.

Companies like Amazon, Microsoft, WeWork (the co-working giant) and other big U.S. or international tech firms are hungry for large, local footprints.

“That’s more in demand today than it ever has been,” Scarlett said.

Metro Vancouver recorded positive absorption of office space for the sixth quarter in a row, while the overall vacancy rate continued to drop — especially in the downtown core, according to Colliers’ national third-quarter office update.


https://vancouversun.com/business/co...r-office-space
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  #238  
Old Posted Oct 31, 2018, 10:41 PM
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Apple opening major corporate office in downtown Vancouver

Kenneth Chan Oct 31, 2018



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Apple has leased 60,000-sq-ft of office space at the under-construction 400 West Georgia Street office tower, according to a recent third-quarter report by NAI Commercial on Metro Vancouver’s office market.
http://dailyhive.com/vancouver/apple...-georgia-tower




The Exchange office tower lands tenants Amazon, Mastercard

Technology and co-working firms lead office tenant demand in Metro Vancouver, Jones Lang LaSalle reports

Peter Mitham Western Investor
October 31, 2018




Quote:
Amazon flows on

Technology and co-working firms lead office tenant demand in Metro Vancouver, Jones Lang LaSalle (JLL) reports, driving 47 per cent of deals in the region and 50 per cent of downtown office demand.

Amazon is among the latest space-takers, according to NAI Commercial, claiming 98,560 square feet at 475 Howe Street alongside Mastercard Technologies Canada ULC with 40,000 square feet. The deals effectively complete leasing at the Exchange, fulfilling hopes expressed for the property when Credit Suisse and SwissReal Group broke ground in January 2014.
https://www.westerninvestor.com/news...ard-1.23482602
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  #239  
Old Posted Oct 31, 2018, 10:45 PM
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Apple, Amazon, and Mastercard, not a bad list of companies for little ol Vancouver.

Still a few more big names yet to be announced too.
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  #240  
Old Posted Oct 31, 2018, 10:54 PM
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E&Y to anchor the new tallest office tower in Vancouver (RENDERINGS)

Kenneth Chan Sep 26, 2018



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Oxford Properties announced today that its office tower at 1133 Melville Street is proceeding, with anchor tenants Erns & Young (E&Y) taking up 60,000-sq-ft, law firm Blakes taking up 80,000-sq-ft, and law firm DLA Piper taking up 67,000-sq-ft within the top two boxes of the building.
http://dailyhive.com/vancouver/1133-...k-office-tower
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