Portfolio
205 New Toronto
Purchased on behalf of one of our Separately Managed Accounts, the purchase of 205 New Toronto Street was an opportunity to purchase a 171,500 square foot light industrial building with low site coverage close to the Downtown core, which will always be in demand.
- Purchase Date
- March 2014
- Fund
- Separately Managed Accounts
- Property Company
- N/A
- Features
- The building is approximately 2006 vintage.
- Sits on a 15.3 acre site, with a total building footprint consisted of 170,000 SF of cross-dock warehousing and 1,500 SF of mezzanine office space.
- Leased to Canpar, which is one of their major GTA distribution hubs.
- Purchase Rationale
- Ability to purchase a new "last mile" distribution facility, with low site coverage, and a depth of potential users.
- Ability to purchase a new "last mile" distribution facility, with low site coverage, and a depth of potential users.
- ESG
Certifications
- BOMA Best certified