Fiera Real Estate Celebrates Prestigious REX Award Win for Heart Lake Business Park

Fiera Real Estate is thrilled to announce that the Heart Lake Business Park has been awarded the title of Industrial Development of the Year at the prestigious Real Estate Excellence (REX) Awards held in Toronto last night. This accolade marks a significant achievement for Fiera Real Estate, Berkshire Axis Development and Cushman & Wakefield ULC, and, the key partners in this exemplary project.

The Heart Lake Business Park is a testament to the power of strategic partnerships and visionary development. Combining their expertise and resources, the partners have transformed one of Brampton’s last remaining centrally located greenfield sites into a state-of-the-art industrial hub.

Situated in one of the Greater Toronto Area’s (GTA) most coveted industrial nodes, Heart Lake Business Park boasts unparalleled access to the 400 series highways, facilitating seamless connectivity for businesses. The asset’s strategic location also allows it to tap into the robust Peel Region labour force, with convenient access via Brampton Transit, making it an attractive destination for enterprises seeking a well-connected, resource-rich environment.

Kathy Black, Head of Real Estate Development, commented, “The collaboration between the Fiera Real Estate CORE Fund and the Real Estate Development Fund II has been instrumental in bringing Heart Lake Business Park to life. Winning the Industrial Development of the Year award is a result of the strength of our partnership and our shared commitment to excellence and innovation.”

The REX Awards is among the most prestigious accolades in the Canadian real estate industry. It celebrates outstanding achievements, innovation, and leadership in real estate development, recognizing projects that set new standards of excellence. Winning the Industrial Development of the Year award underscores the Heart Lake Business Park’s exceptional contribution to the industry and its alignment with the highest standards of development excellence.