Paul  Morassutti

Paul Morassutti

Partner, Real Estate

Chair: Commercial Real Estate

Key Contact: Retail and Consumer Products

Contact Information

pmorassutti@osler.com

tel: 416.862.6806

Office

Toronto

Bar Admission

Ontario, 1988

Education

  • Osgoode Hall Law School, LL.B.

Language(s)

English

Paul’s practice is focused primarily on all types of commercial real estate matters including environmental and contaminated lands issues. He has extensive experience in acquisitions and divestitures of real estate, commercial leasing, mortgage financings and environmental matters. Paul is a key contact for the firm’s Retail Practice Group, is cross-appointed to the Franchise & Distribution Practice Group and the Environmental Practice Group and has worked extensively with the Insolvency and Construction Law Groups. He was formerly a member of the Cabinet and Executive Committee of the Canadian Bar Association (Ontario) – Real Property Section.

  • Oak Street Real Estate Capital

    Oak Street Real Estate Capital in the acquisition of Western Canadian Place

  • KingSett Capital

    KingSett Capital in its sale of VersaCold Logistics to TorQuest Partners

  • Comark Holdings Inc.

    Comark completes sale transaction and emerges from creditor protection

  • Imperial Oil

    Imperial Oil in its pipeline approval (leave to construct) from the Ontario Energy Board

  • Regis Corporation

    Regis Corporation in connection with its sale and subsequent franchise of substantially all of its mall-based salons in Canada.

  • Starbucks Coffee Corporation

    Starbucks Coffee Corporation in the closure of its Canadian Teavana stores

    • Royal Bank of Canada on the purchase and subsequent sale–lease back of a downtown office tower
    • Victoria University on the ground lease and related involvement in a 2-tower multi-residential complex in downtown Toronto
    • Osmington Inc. on the sale of various shopping centres and various joint venture investments
    • KingSett Capital in its redevelopment of a mixed-use retail, office and residential tower in downtown Toronto and numerous lease matters
    • Standard Life in its $120 million financing of the acquisition of Adelaide Place, Toronto, ON, and numerous other mortgage loans
    • A national accounting firm on its head office lease and other significant office lease transactions across Canada
    • Uniqlo, Forever 21, Ann Taylor, Vitamin Shoppe, Chico’s and other retailers on their expansion into or across Canada
    • Purolator Courier Limited on various real estate matters including the acquisition of lands for its new central hub and other business-critical acquisitions and leases of significant depot locations, including the acquisition, design-build and lease-back of 12 facilities across Canada from a REIT
    • A prominent developer in the acquisition and financing of a prime mixed-use development site in downtown Toronto from an insolvent vendor
    • Imperial Oil Limited in its disposition program relating to surplus sites in Ontario, the negotiation and creation of an easement to accommodate a pipeline linking two refineries, numerous contaminated lands issues and its head office lease
    • Vale Canada Limited in the negotiation of its head office lease and various other leases, acquisitions, dispositions and related realty tax assessment issues
    • Toyotoshi Group Canada on its acquisition, development, construction and leasing of various automobile dealerships in Canada
  • Find More

  • Chambers Canada: Canada’s Leading Lawyers for Business: Recognized in Real Estate (Ontario)
  • The Canadian Legal Lexpert Directory: Recognized in Property Development; Property Leasing
  • Best Lawyers in Canada: Recognized in Real Estate Law

  • Kid’s Help Phone, Representation
  • Family Day Care Services, Representation
  • Museum of Contemporary Canadian Art, Representation

  • Canadian Bar Association, Real Property Section, Former Cabinet and Executive Member
  • Law Society of Ontario
  • NAIOP Commercial Real Estate Development Association
  • International Council of Shopping Centers (ICSC)

  • "Home Prices Plunge while Sales Disappear", The Canadian Real Estate Show Podcast, August 6, 2023
  • 2006 to 2016 Bar Admission Materials for Real Estate
  • Doing the Brownfields Deal, The Canadian Brownfields Manual, LexisNexis Butterworths, contributing author
  • Canadian Franchise Guide