What building is Cenovus in?
Cenovus’s offices occupy the upper floors of Brookfield Place, which is the tallest building in Calgary at 247 meters high.
Who owns the Bow building Calgary?
Oak Street Real Estate Capital
The 236 metre (774 ft) building is currently the second tallest office tower in Calgary, since construction of Cenovus’ Brookfield Place; and the third tallest in Canada outside Toronto….The Bow (skyscraper)
| The Bow | |
|---|---|
| Cost | $1.4 billion CAD |
| Owner | Oak Street Real Estate Capital |
| Height | |
| Roof | 236 m (774 ft) |
Who is buying the Bow in Calgary?
Calgary’s iconic Bow Tower is being sold. Toronto-based H&R Real Estate Investment Trust announced the two-million-square-foot tower is being sold as part of a $1.67-billion deal that also includes the Bell office campus in Mississauga, Ont.
Who bought the Bow tower in Calgary?
H&R Real Estate Investment Trust
Toronto-based H&R Real Estate Investment Trust (H&R REIT) has sold the iconic Bow office tower in downtown Calgary, part of $1.67 billion deal that included the sale of its Bell office campus in Mississauga, Ontario. The buyer is Chicago-based Oak Street Real Estate Capital, a private equity firm.
How much is the Bow tower worth?
One of downtown Calgary’s most iconic highrise towers is changing hands in a deal worth an estimated $1.67 billion. H&R Real Estate Investment Trust, owner of the Bow Tower, said in a release Tuesday that the two-million-sq. -ft.
How much did the Bow tower cost?
The Bow was completed in 2012 and cost over 1 billion dollars to build. The building had it’s official grand opening with fireworks, speeches, and tours in June of 2013, well after much of the staff had already moved in.
How many floors Bow Tower Calgary?
58-storeys
The second-tallest building in the city is The Bow, standing at 58-storeys, 236 m (774 ft).
How long did it take to build the Calgary Tower?
15 months
Construction began on February 19, 1967, and completed in 15 months at a cost of CA$3.5 million. The column of the tower was built from an unprecedented continual pour of concrete.
Who bought the bow?
H&R Real Estate Investment Trust, owner of the Bow Tower, said in a release Tuesday that the two-million-sq. -ft. tower will be sold to affiliates of Oak Street Real Estate Capital combined with a secured lease financing arrangement with Deutsche Bank Credit Solutions and Direct Lending.
How much did it cost to build the Bow tower in Calgary?
The Bow was completed in 2012 and cost over 1 billion dollars to build.
When was the bow building built in Calgary?
June 13, 2007The Bow / Construction started
How many floors Bow tower Calgary?
How much office space does Cenovus have in Calgary?
However, industry sources say Cenovus has about two million square feet of leased office space. Of the space currently on the sublease market, about 178,707 square feet of that is in the Suncor Energy Centre and about 325,000 square feet is in the iconic Bow Tower (which is owned by H&R REIT ).
When will Cenovus move into Brookfield Place Calgary?
While Encana occupies the upper half of the Bow building, Ms. DelFrari said when Cenovus staff move into Brookfield Place Calgary in early 2018 – they will take up the top of the east tower. Construction of Brookfield Place Calgary – previously named 225 Sixth – is scheduled to start in September.
Which Calgary skyscrapers are on the sublease market?
Calgary-based energy giant Cenovus has nearly one million square feet of office space on the sublease market, including the iconic Bow Tower and the new but unoccupied Brookfield Place skyscraper, RENX has learned.
What is Cenovus doing with its real estate?
“Cenovus remains focused on reducing its real estate costs through an active subleasing program and is not renewing existing leases as they expire,” said the energy giant. “The company continues to advance its plan to reduce the number of buildings occupied by its Calgary staff.