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Europro-led investment group continues Toronto buying spree with $70 million purchase

Joint venture's deal for the North American Centre is its second major office acquisition along Yonge Street
The North American Centre comprises two Class A office towers at 5650 and 5700 Yonge St. connected by a retail concourse in Toronto's North Yonge corridor. (CoStar)
The North American Centre comprises two Class A office towers at 5650 and 5700 Yonge St. connected by a retail concourse in Toronto's North Yonge corridor. (CoStar)
By Crystal Campanella with
March 30, 2026 | 6:02 P.M.

An investor group led by Toronto-based real estate investor Europro has acquired North American Centre, a two-tower Class A office complex at 5650 Yonge St. and 5700 Yonge St., continuing a trend that has new investors entering the marketplace and acquiring major properties that have primarily been institutionally-owned and operated.

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News | Europro-led investment group continues Toronto buying spree with $70 million purchase