VAUGHAN, July 15, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) and Mitchell Goldhar announced today that they have signed a 10-year (plus two 5-year extensions) lease transaction with Scotiabank in the PwC-YMCA Tower at SmartCentres Place in the Vaughan Metropolitan Centre (“VMC”).
The PwC-YMCA Tower (the “Tower”) is a 220,000 square foot mixed-use office tower located in the heart of the VMC adjacent to the VMC subway station and bus terminal. The Tower will be home to the previously approved 77,000 square foot PwC office, a 100,000 square foot flagship YMCA with child care, fitness and aquatic facilities plus a 20,000 square foot City of Vaughan library and studio space. PwC, the YMCA and the City of Vaughan have taken possession of their space. PwC will be opening in late Fall 2019 and the YMCA and City of Vaughan library will open mid-year 2020.
Full Article: globenewswire.com