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BGO announced on July 9, 2026 that it had completed the acquisition of 26 Wellington Street East, a 12-storey Class A office tower in downtown Toronto. The approximately 176,360-square-foot property expands BGO’s Class A office footprint in Toronto’s downtown core and is located near the city’s financial district, the PATH network, Union Station, Berczy Park and St. Lawrence Market. The building was constructed in 1981, is LEED Platinum certified and was reported to be 98 percent occupied by institutional-quality tenants at the time of announcement. BGO Properties, BGO’s in-house property management, operations and leasing platform, will provide property management and leasing services for the property, with a focus on tenant experience, leasing performance and long-term value. Cushman & Wakefield acted as broker for the transaction. Osler, Hoskin & Harcourt LLP and Stikeman Elliott LLP acted as legal counsel to BGO.
Parties
Company
BGO
Company
H&R REIT
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
09 July 2026