Manulife Real Estate Acquires York Mills Centre from Ivanhoé Cambridge

Manulife Real Estate completed its purchase of York Mills Centre in Toronto from Ivanhoé Cambridge for a total price of $161 million. York Mills Centre is a four building, 549,000 square foot, class “A” suburban office complex with a tenant roll that includes Royal Bank of Canada as main tenant.

Manulife Real Estate was represented by in-house counsel Nathaniel Margolis (of John Hancock Financial Services, Manulife Financial's US subsidiary) and by McMillan LLP, with a team led by Bill Rowlands and including Matt German and Janine MacNeil (competition).

Ivanhoé Cambridge was represented by in-house counsel Isabelle Durand, Director, Legal Affairs at Ivanhoé Cambridge, and by Borden Ladner Gervais LLP, with a team led by Sylvie Bouvette and including Alan Sless and Eric Dufour (competition).