David Moretti

Senior Vice President, Sales Representative

Greater Toronto Area
181 Bay Street, Suite #1400
Toronto, ON M5J 2V1
+1 416 643 3712
+1 416 903 1110
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Professional Summary


With more than 18 years experience in office leasing, David has had the benefit of working with tenants in a wide range of size and geographic boundaries. David recognized early that it often takes multiple skill sets to achieve the best results for his clients.. He brings a vast array of skills to any client assignment including site location, analysis and relocation. David is also very accomplished at financial analysis of lease and ownership options. David has also been nationally recognized by the Colliers International for his achievements and service excellence and is a proud shareholder of the company.


Accomplishments

YEAR 2011
333 King St E-George Brown College, 91,280 SF
Acted for the landlord–hired due to expertise in Downtown East. Secured 3 competitive offers simultaneously. Exceeded landlord’s expectation for timing and rent.
333 King St E-Coca Cola, 100,500 SF
Acted for the landlord. Unique solution–Adding 3 floors to the building (LEED Gold – occupancy in 2012/2013). Secured substantial tax credit from the City of Toronto.
180 Dundas St W-The Hospital for Sick Children, 86,452 SF
Largest deal in Downtown North in 2011. Rents substantially below market with substantial lease flexibility–multiple termination and expansion rights. Created leverage in a market with virtually zero vacancy.
66 Wellington St W-AGF, 91,570 SF
Consolidating recent acquisition with head office and negotiating new lease. Disposed of excess space in adjacent building.
YEAR 2010
1 Concorde Gate-TD Bank, 98,450 SF
Relocated from Downtown East. New LEED interiors required green capital upgrades from landlord. Merged 2 offices from different regions in to new centralized location.
110 Sheppard Ave E-SSQ, 149,000 SF Sale for $22M
Tenant was 30,000 sf and needed to grow. Limited options. Colliers sourced a building with 40,000 sf of vacancy spread throughout the building. Negotiated sale with the owner (building was not for sale). Tenant as owner and Colliers relocated tenants in the building to accommodate their tenancy. Created $4M in value for tenant.
YEAR 2009
483 Bay St-Hydro One Networks, 283,000 SF
Largest downtown lease in 2009. Lease restructure involving substantial landlord capital green upgrades were negotiated. Results exceeded expectations despite difficultly to create leverage due to size–very few options.
720 Bay St-Undisclosed, 240,000 SF
Provided expert witness in arbitration case. Represented a major Canadian landlord. Resulted in a substantial increase in rent from tenant’s position.​​

Education

B. Comm - University of Guelph

Service Lines

Brokerage: Tenant Representation

Property Type

Office

Memberships and Affiliations

OREA, CREA, RECO, TREB

Languages Spoken

English

Year Started

1994

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