Dieppe, New Brunswick (April 19, 2018) - Cadillac Fairview is proud to build upon its longstanding relationship with TD Bank Group, who today announced plans to open a TD Corporate Office in the former Sears space at CF Champlain. The Corporate Office will be home to TD's new Finance Operations and previously announced Business Services Centres. With CF investing $25 million, the redevelopment project will transform the current building into a visually appealing, comfortable, efficient and modern workplace.
”Today’s top employers are redefining traditional workspaces, building innovative office spaces in amenity rich environments to meet the evolving demands of their employees,” said Brian Salpeter, Senior Vice President, Development, Cadillac Fairview. ”CF is proud to partner with our valued client, TD Bank Group, to create a space that meets these requirements.”
With businesses in competition for top talent, offering a best-in-class workplace is a competitive advantage in recruiting and retaining talent. Once open in January 2019, TD employees will have access to CF Champlain’s roster of over 140 best in class retailers and food vendors, with easy access to public transit.
This redevelopment is not only beneficial to CF and TD, but more importantly to greater Moncton/Dieppe. The addition of the TD Finance Operations and Business Services Centres will continue to solidify CF Champlain’s position as New Brunswick’s premier shopping centre and a vibrant, mixed-use destination.
As a national developer, owner and manager of mixed-use assets, this is not the first time CF is introducing an innovative office component to one of its shopping centres. CF is leading a trend to transform some retail locations into highly sought-after office uses with similar, successful transformations across our portfolio. CF’s most recent announcement to open BMO’s Urban Campus in CF Toronto Eaton Centre’s former Sears office space and CF Pacific Centre in Vancouver, where CF transformed a former Sears building into a unique office space for Sony Image Works, Microsoft and Miller Thomson, are two recent examples. For more information on Cadillac Fairview’s portfolio, please visit cadillafairview.com.
About Cadillac Fairview
Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The Cadillac Fairview portfolio is owned by the Ontario Teachers’ Pension Plan, a diversified global investor which administers the pensions of more than 300,000 active and retired school teachers. The real estate portfolio also includes investments in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at around $29 billion, the Canadian portfolio includes over 38 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre, CF Chinook Centre, Tour Deloitte and CF Carrefour Laval.