Marble, columns and stairs

On December 12, 2011, Manulife Real Estate, the global real estate arm of Manulife Financial Corporation, completed its purchase of York Mills Centre from Ivanhoe Cambridge for a total purchase 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 U.S. subsidiary) and by McMillan LLP, with a team led by Bill Rowlands and including Matt German (Real Estate) and Janine MacNeil (Competition).