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Former IBM Canada Head Office Building at 3600 Steeles East. IBM Canada's head offices are currently located in Markham, Ontario and have been there since the early 1980s. The current building IBM occupies is located at 8200 Warden Avenue and shared with existing tenant IBM Toronto Software Lab in 2001.
It was followed by the IBM Tower (now the TD South Tower), built south of Wellington Street across from the original campus in 1985. The 23-storey building at 95 Wellington Street was completed in 1987 and contains 330,000 sq ft (31,000 m 2). Cadillac Fairview acquired it in 1998 and incorporated it into Toronto-Dominion Centre. [6]
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The real estate company behind Fenton and American Tobacco acquires a local IBM campus. Could housing be next? IBM sells massive campus near Research Triangle Park.
The IBM Toronto Software Lab is the largest software development laboratory in Canada and IBM's third largest software lab. Established in 1967 with 55 employees, [1] the Toronto Lab, now located in Markham has grown to employ 2,500 people. These employees develop some of IBM's middleware. [2]
The University of Toronto Libraries system is the largest academic library in Canada and is ranked third among peer institutions in North America, behind only Harvard and Yale. [1] The system consists of 40 libraries located on University of Toronto's three university campuses: St. George (downtown Toronto), Mississauga and Scarborough. [2]
On Dec. 14, the Houston-based Hines Global Income Trust acquired the IBM 500 Campus for $66 million. It’s a sale-leaseback, meaning IBM will remain the sole tenant — at least for now.