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.
Graham Pattison, Fund Manager and Senior Vice President
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.
      ESG

      Certifications

      • BOMA Best certified
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