May 31, 2022

Manulife Investment Management Partners with Earls Restaurant Group for Manulife Centre

Manulife Investment Management announces a partnership with Earls Restaurant Group (“Earls”) for a new location at Manulife Centre in Toronto’s Bloor-Yorkville neighborhood, with an anticipated opening in early 2024.

The family-owned, premium, casual dining restaurant’s new Bay Street location in Toronto will occupy over 7,100 square feet. The location will feature a brand new all-season solarium, offering patrons with an indoor-outdoor dining experience. This will be Earls’ 70th restaurant, 4th in Toronto.

“We have worked closely with Earls to meet the needs of the customers in this neighborhood to bring something that truly adds value to the local community,” said Scott Gordon, Head of Real Estate Asset Management, North America at Manulife Investment Management.

Manulife Investment Management was represented by CBRE’s Urban Retail Team and Earls was represented by Bryce Dymond and Chris Wanzel of Urban Reform Realty.

“Earls’ commitment to the Manulife Centre signals the diversification of the Bloor-Yorkville food scene, the continued reimagination of Manulife Centre and the acceleration of retail in Toronto post-pandemic,” said Alex Edmison, Senior Vice President, Urban Retail Team at CBRE. “The restaurant is an excellent addition to the iconic neighborhood's lifestyle destination.”

Manulife Centre recently underwent extensive redevelopment including a revitalization of its exterior, adding a glass façade which increased street-front presence and overall rentable area. The interior space has also been reconfigured with the addition of 35,000 square feet of retail space which has attracted premium retail brands including Eataly, Pistil Flowers, and Pilot Coffee Roasters.

Manulife Centre is one of Canada's premier mixed-use destinations encompassing 285,000 square feet of retail, 435,000 square feet of office, and 809 luxury residential rental units. It is currently home to flagship national brands such as Birks, Indigo, LCBO, Loblaws, and Shoppers Drug Mart as well as local retail legends Bay Bloor Radio, Over the Rainbow, and Ron White Shoes.

Manulife Centre is open Monday through Saturday from 7:00 a.m. to 10:00 p.m. and Sundays from 7:00 a.m. to 9:00 p.m. Individual retailer hours may vary. Please contact retailers directly or for further information, visit manulifecentre.com.

Manulife Investment Management develops and manages commercial real estate around the globe as part of its comprehensive private markets’ capabilities. As of March 31, 2022, the real estate portfolio totals over 63 million square feet of office, industrial, retail, and multifamily space strategically located in markets across Canada, the U.S., and Asia Pacific. The group leverages its global platform and local expertise to provide market-leading solutions for its tenants and deliver results for its partners.