Cornerstone Group of Companies
33,000 SF

The Cornerstone Group of Companies (“CSG”) provides prospecting and database management products and services to some of the leading organizations in the world.


The Challenge

In 2006 CSG was experiencing substantial growth and needed to evaluate its space situation at its headquarters located at 2200 Yonge Street.  At the same time, CSG wanted to use this opportunity to evaluate its space usage and image for clients and employees and to create the overall best possible work environment. The lease expiration dated for  May 31, 2008


The Solution

CSG had several discussions and exchanged proposals directly with its landlord, Northam.  Little progress was made and CSG engaged CBRE to run the process. 

CBRE took the following steps:

• Hired an architect/project management to determine square footage and project budget and schedule.
• Analyzed the office market and completed a lease vs. buy study.
• Toured outside alternatives and fully negotiated relocation deals.
• Composed renewal vs. relocation study on a quantitative and qualitative basis.

The results of our market analysis and leveraged renegotiation indicated that the 3rd and 4th floors of 20 Eglinton Avenue West provided the best solution for CSG.