Canadian Industrial Real Estate Blog

RUMOUR MILL:

• Bolton (South Albion) employment study to be completed by end of year.
• Hwy 427 route selection to be confirmed January '08.
• Large U.S. investor ties up considerable land holding in Hwy 427/27 corridor.

MARKET WATCH:

• 164,000 sf leased at 1453 Cornwall Rd., Oakville
• Sale-leaseback completed in Newmarket on 87,000 sf building, 7.5% cap.
• Team CRESST mandated by company to find approx. 250,000 to 300,000 sf warehouse/distribution space in GTA West.

RUMOUR MILL:

• Gaming company in the market for 300,000 sf.
• End user from Europe looking for 1,000,000 sf near London, Ontario.
• Large warehouse user close to taking 800,000 sf in Guelph.

MARKET WATCH:

• Team CRESST brings 41 City View Dr., Etobicoke to the market for lease. Approx. 90,000 sf, 24' clear, 10 TL doors, room for up to 25 trailer parking spots.
• Logistics company leases 5300 Satellite Drive for 10 years. Approx. 145,000 sf.
• Team CRESST to list 80 acres along Hwy. 404 corridor.
• Team CRESST land listing with Tramell Crow on Hwy. 27, bid date for offers closed yesterday. Vendor pleased with depth of offers.