Archive for September, 2007

Market Watch

Tuesday, September 25th, 2007

The following are rumblings from the Greater Toronto  Industrial and Land Markets

RUMOUR MILL:

  • 3644 Wolfedale (Burnhamthorpe & Wolfedale) coming to the market for sale or lease. Approx. 175,000 square feet. Possible re-development opportunity.
  • 7 acre site in Burlington close to being finalized at $350,000 per acre.
  • 350,000 square feet is leased out at 100 Royal Group.

MARKET WATCH:

  • Logistics company leases out the Gap building for 3 years.
  • Logistics company leases 180,000 square feet for 2 years at 7380 Bren Road.
  • Tenant leases out 5690 Timberlea for 8 year term.
  • 100,000 square feet at 101 Royal Group is leased for 3 month term.