JLL Awarded Property Management Services for 121 King Street West
JLL to assume property management services including the first JLL Experience Management service delivery in Downtown Toronto
Toronto – April 27, 2022 - The JLL Canada Property Management team is pleased to announce it has been awarded the property management services for 121 King Street West by new owners, Crestpoint Real Estate Investments Ltd.
121 King Street West is located in the heart of Toronto's Financial District at King and York Street. The asset is a class A, 25-storey office building that is certified LEED Gold and Gold BOMA BEST. Crestpoint Real Estate Investments Ltd. is continuing to make significant upgrades to the building exterior, including reglazing and a new modern entrance. Additional building upgrades include a re-envisioned lobby, significant investments in ESG initiatives, and first-in-class tenant amenities.
JLL assumed the property management services on April 27, 2022, including the first JLL Experience Management service delivery in Canada as part of this mandate. This activation platform will be revolutionary for tenants returning to the office by transforming spaces into activated environments, which can include events, regularly scheduled programming, classes, amenities, and much more.
“As many employees return to the office, it is paramount for owners and occupiers to return to an environment that offers a welcoming and hospitable atmosphere, far exceeding a pre-COVID landscape,” explains Allan Yearwood, Executive Vice President & National Practice Lead Property Management, JLL. “We are all looking forward to partnering with such a progressive owner like Crestpoint to both support and create a unique, first-in-class office building in the Toronto market.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.