Toronto, ON – Europro, along with Arista, Fieldgate Commercial and Paradise Commercial, are pleased to announce the acquisition of Yonge Corporate Centre (YCC), a premier three-building, Class-A office campus located at 4100–4150 Yonge Street in Toronto. Situated in the heart of North York and home to Auberge du Pommier, one of North York’s most prestigious dining and meeting destinations, YCC represents one of the most iconic and well-positioned office campuses in the Greater Toronto Area.
Yonge Corporate Centre comprises approximately 660,000 square feet of Class-A office space across three six-storey towers, with a retail concourse. The 8-acre campus delivers a first-class tenant experience, featuring more than 1,200 surface and underground parking stalls, a fully equipped fitness centre with lockers and showers, landscaped greenspace including a natural walking trail along the ravine, and multiple food offerings on site. The property is directly connected to the York Mills Subway Station, offering unmatched transit accessibility just south of Highway 401.
This acquisition marks another significant milestone for Europro and its partners in the North Yonge corridor, reinforcing the company’s position as the largest and most dominant landlord in the node. With the addition of YCC, Europro now owns and manages three flagship assets along Yonge Street; 5001 Yonge Street, Madison Centre (4950 Yonge Street), and Yonge Corporate Centre, bringing its total ownership footprint in the corridor to more than 1.5 million square feet. YCC introduces a truly unique offering to the portfolio, with a pristinely maintained and aesthetically beautiful campus set within a ravine and adjacent to the Don Valley Golf Course offering some of the most scenic views in the City of Toronto.
The acquisition reflects Europro’s strong conviction in the long-term vitality of the North Yonge market and the recovering office sector. As leading organizations re-establish in-office routines and prioritize environments that promote collaboration, culture, and employee well-being, well-located, high-quality office assets like YCC are experiencing renewed demand. With its hands-on, entrepreneurial management approach, Europro is well positioned to further enhance tenant services, elevate operational performance, and unlock long-term value.
“We see clear indicators of strength returning to the office sector,” said Jesse Nathanson, Vice President of Asset Management & Investments at Europro. “This acquisition aligns neatly with our strategy of owning and operating best-in-class office experiences in high-growth transit-oriented markets. By applying our operational expertise, scale, and tenant-first philosophy, we are well positioned to maximize the tenant experience and attract leading organizations to the North Yonge corridor.”
Nathanson added, “This milestone reinforces our long-term commitment to the node. Expanding our presence here strengthens our ability to support the business community and positions our portfolio for sustained growth in one of Toronto’s most dynamic office markets.”
Europro has partnered with Arista, Fieldgate Commercial, and Paradise Commercial, in acquiring YCC. The partners share a belief that with the office sector entering a recovery phase driven by renewed focus on workplace experience, YCC presents an excellent opportunity for the group to diversify their portfolio towards stable, income producing assets.
“By partnering with Europro, we’re investing in a sector we believe is in the early innings of a strong comeback,” said Steven Weisz, Executive Vice President of Paradise Commercial. “The next office cycle will create significant opportunity, and Europro’s entrepreneurial spirit and strategic vision demonstrate true long-term conviction in the value of this investment. It’s a partnership we are proud to be part of.”
Europro and the ownership group are committed to maintaining Yonge Corporate Centre as a dedicated office campus for the long term, with the intention to deploy significant capital into the property to further enhance the tenant experience. Planned upgrades include a comprehensive, tenant-focused amenity program, featuring a state-of-the-art conference facility, tenant amenity lounge, and continued enhancements to shared services and common areas.
“Yonge Corporate Centre represents exactly the type of high-quality, well-located asset that aligns with our long-term vision,” said Michael DeGasperis, President & CEO of Arista. “Companies are returning to environments that foster culture, collaboration, and connection—and YCC embodies all of these qualities. Our partnership group is fully committed to enhancing this campus, investing with conviction, and supporting tenants for many years to come."
As Europro continues its expansion along Yonge Street, the company looks ahead with confidence and optimism. “This is an exciting moment not only for our team, but for the broader office market,” added Nathanson. “We see tremendous opportunity ahead and are energized by what this acquisition means for our tenants, our partners, and the future of the North Yonge community.”
