GREY:SRSCQ - Post by User
Post by
extremeriskon Jun 01, 2017 1:01pm
310 Views
Post# 26311916
Move of head office
Move of head officeBuried in the MDA just noticed that head office lease at Toronto Eaton Centre was terminated and company received $62 million. This is a ridicuously low amount of money to receive for 400,000 square feet of office space that still has 60 years to run. They are getting a million per year divided by 400k sq ft works out to $2.50 per sq ft. Very disappointed with this transaction. Odd unless reading something wrong here. Could be the time to through in the proverebial white towel on this one!!