Office

We own and manage high-quality office properties in premier locations that enrich the fabric of the city. We seek to provide our tenants with beautiful places to work, an elevated customer experience, and industry leading sustainability standards.

28+

office buildings(1)

$2.6 billion

office assets under management(1)

5.8 million

sf office gross leasable area(1)

We manage high-quality commercial properties that are located in urban centres close to major transit, amenities and other businesses, making them highly desirable locations for tenants. Our vertically integrated platform enables us to invest in our properties through upgrades, intensification and redevelopment.

view of (insert address), in the business district, a tall white building filled with pristine and clear windows
Canada

Boutique Heritage Office Buildings

High-quality boutique heritage office buildings located in irreplaceable locations in the Toronto downtown core, commanding high net rents and long lease terms.

a tall building with glass windows against a bright blue sky.
Canada

Marquee Assets in Central Business Districts

Office assets located in urban centres across core business districts in Canada that are anchored by premium retail tenants, and are in close proximity to transit, shopping, dining and commerce.

Canada

Government and Financial Institutions

Assets leased to federal and provincial government or high-quality financial institutions with high grade covenants, long-term leases and stable rents.

Project Highlights

Toronto, Canada

330 Bay Street

Toronto, Canada

80 Richmond Street West

A red brick building with windows on the side of the street stands tall next to an empty manicured street
Ottawa, Canada

Natural Sciences Building

Adelaide Place: A bird's-eye view of a large all window building in Downtown Toronto, featuring a striking red sign that reads DBRS
Toronto, Canada

Adelaide Place

Toronto, Canada

330 Bay Street

This 1920’s boutique heritage building is located around the corner from the Eaton Centre and just minutes from hotels, restaurants, cafes, shopping and the PATH system in downtown Toronto. In 2024 the building completed a facade restoration, lobby and washroom renovations, and an extensive renovation to the flagship retail space for Milos, a high-end mediterranean restaurant that opened in September, 2024. This building is also part of Dream’s $136 million financing program from Canada Infrastructure Bank to decrease greenhouse gas emissions in the portfolio.

168,000 sf

total owned gross leasable area

77.6%

in place and committed occupancy (as at December 31, 2024)
Toronto, Canada

80 Richmond Street West

80 Richmond Street West, also known as the Victory Building, is a boutique heritage building steps from the corner of Bay St. and Richmond St. in downtown Toronto. This charming art-deco building was completed in 1936 and was renovated in ___2023? restoring it’s facade and lobby to their former glory as well as updating the washroom facilities. Floorin on Richmond, an Italian concept bar by the owners of Twist Kitchen and cocktail in Collingwood, Ontario, will be opening on the ground floor in summer, 2025. This building is also part of Dream’s $136 million financing program from Canada Infrastructure Bank to decrease greenhouse gas emissions in the portfolio.

102,000 sf

total gross leasable area

65.7%

in-place and committed occupancy (as at December 31, 2024).
A red brick building with windows on the side of the street stands tall next to an empty manicured street
Ottawa, Canada

Natural Sciences Building

The Natural Sciences Building, located in Zibi’s 34-acre master planned community in Ottawa has been leased to the Canadian Government as the home of the Natural Sciences and Engineering Research Council of Canada (NSERC).  It is currently 93% leased.

8

storeys

186,000 sf

total gross leasable area

Net Zero

GHG emissions
Adelaide Place: A bird's-eye view of a large all window building in Downtown Toronto, featuring a striking red sign that reads DBRS
Toronto, Canada

Adelaide Place

Located in Toronto’s financial core, Adelaide Place is a Class A office complex, composed of two buildings 150 York Street and 181 University Avenue. The complex offers full connectivity to the PATH system, direct connection to the Hilton Hotel, TTC Subway access, shops, restaurants and other office towers. 181 University is home to Alobar, a restaurant bar and lounge from Michelin-starred chef Patrick Kriss, and Sushi Yugen, an authentic Japanese omakase sushi restaurant. 150 York hosts Chop, a two-story award-winning steakhouse and bar which opened in December, 2024.

662,000sf

total gross leasable area

2

buildings

20 & 22

storeys

Industry Leading Certifications

Dream’s office portfolio meets and exceeds industry standards for quality, sustainability and tenant wellness.

 

BOMA Best

logo for an award from Well, Health and Safety rated in a blue backdrop

WELL Health-Safety

Logo for the GREB award

GRESB

Award for Green Lease Leader, with the words gold and two green hands shaking

Green Lease Leader

BOMA Best

Many of Dream’s Office buildings are BOMA Best Certified. The Building Owners and Managers Association (BOMA) International is the leading trade association for commercial real estate professionals representing the owners, managers, service providers and other property professionals from office, industrial and corporate mixed-use properties since 1907. BOMA Best certifications promote health, efficiency, cost-effectiveness, and low-carbon performance for existing buildings, and represent a globally recognized symbol of sustainability achievement.

logo for an award from Well, Health and Safety rated in a blue backdrop

WELL Health-Safety

Dream was recognized in 2021 as Canada’s largest office portfolio to be WELL Health-Safety rated by the International WELL Building Institute (IWBI). The WELL Health-Safety Rating is an evidence-based, third-party verified rating for all new and existing building and space types focusing on operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment now and into the future. Public health and client wellness is a priority at Dream. From handwashing support and cleaning practices to health services and air and water quality monitoring protocols, we are working hard to support the health and safety of people in our offices.

Logo for the GREB award

GRESB

GRESB is an independent organization that validates ESG performance data. It is the global standard for ESG benchmarking and reporting for listed property companies, private property funds, developers and investors that invest directly in real estate.

Dream Office REIT achieved full points in the Leadership, Policies, Stakeholder Engagement, Targets, and Data Monitoring & Review modules in the GRESB Real Estate Assessment in 2024, achieving a score of 90 with a 5-star rating. Dream Office REIT also placed 3rd out of 10 entities in the Northern America | Office comparison group in the 2024 GRESB Public Disclosure, achieving a score of 96 and A level

 

Award for Green Lease Leader, with the words gold and two green hands shaking

Green Lease Leader

Dream was recognized as a Green Lease Leader under the recognition level of Platinum Landlord in 2022 and 2023, and under the Platinum Team Transaction recognition level in 2024 by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance. As a leader, we are committed to building strong landlord-tenant relationships, while improving energy efficiency, indoor air quality, and creating healthier and more sustainable working spaces.

Lease with us

For leasing inquiries and for more information contact a leasing representative.

Industrial

Dream owns and develops industrial properties in key locations with access to major transportation, distribution and logistics hubs across North America and Europe.