Brookfield Canada Office Properties plans to lease 140,000 square feet of space at Brookfield Place Calgary to Scotiabank, beginning late 2017.

“The signing of Scotiabank at Brookfield Place Calgary is a prime example of the continued demand for modern, efficient work environments provided by a trusted developer and landlord like Brookfield, even in a challenging market,” said Jan Sucharda, president and chief executive officer.

Brookfield Place Calgary is a full-block development site in the heart of downtown, which is currently 81 per cent leased. The 56-storey, 1.4 million-square-foot east tower is on target for completion in late 2017.

“We are pleased to move our flagship downtown Scotiabank branch and our primary Calgary office space to the new Brookfield Place Calgary East development in the fall of 2017,” said James O’Sullivan, group head of Canadian Banking at Scotiabank. “We conducted a full RFP to determine the best available space for our growing offices in Western Canada, and to ensure that we had access to the most up to date tools and technology to provide an excellent customer and employee experience in our new space. Brookfield Place met each one of our goals and we look forward to serving our customers from this premier location.”