Blog
FOR INVESTORS AND OCCUPIERS IN THE GREATER TORONTO AREA
Opportunity to Acquire Prime Property: Castlefield & Caledonia Design District
Today, we are pleased to bring an opportunity in a key neighborhood-in-transition that may be attractive to investors, but first, let’s take a look at the district itself. Way back in 2006, the City of Toronto completed the Castlefield and Caledonia Design and Decor...
How Much Is Your Building Really Worth? Q2 2019 Insight, Toronto-North Markets…
Establishing True Valuations Across Differing Markets Right now it feels like total gridlock; inching down the 401 on a hot summer night, alongside thousands of cars with nowhere to go. Until the construction completes there will be little relief… much like the...
How Much Is Your Building Really Worth? GTA Industrial Investment Sales Overview – Q2 2019…
Establishing True Valuations Across Differing Markets What is the overall sentiment of the industrial investment market in the Greater Toronto Area? Well, that’s a great question that can be broken down further. Looking squarely at the numbers, it generated sales in...
How Much Is Your Building Really Worth? Q2 2019 Insight, Toronto-East Markets
Establishing True Valuations Across Differing Markets It’s as if the community of investors and developers were too busy fighting over the West-ern territories to notice the East quietly sitting; under-valued and under-appreciated. However; that is quickly changing....
The Story of Toronto’s Industrial Real Estate Market – What to Expect for the Balance of 2019 and Beyond…
Part 1 - A Landlord’s Market? A few recent Toronto newspaper articles have described our commercial and industrial markets as such: “Toronto Is Running Out Of Commercial Real Estate And Has Record High Rents” “Toronto is the Most Constrained Industrial Market...
Determining Your Property’s Value… Is it Art or Science?
Don’t Sell or Lease Your Real Estate Until You Read This… Part 3 It’s no surprise that Buyers and Sellers want to know what an industrial building is worth. It’s also no secret as to how Real Estate Professionals come up with the ‘number,’ at least when performing one...
Use this Report to Maximize Your Property’s Sale Price
Determining The Highest and Best Use Through a Development Options Report Quite often I am asked to assist with determining the value of an industrial building. The answer is not always that simple, especially within the City of Toronto due to its rapid growth and...
Don’t Sell or Lease Your Real Estate Until You Read This…
How to Determine The Highest and Best Use of Your Property Quite often I am asked to assist with determining the value of an industrial building. Knowing what a property is worth right now is crucial for anyone involved in real estate in any capacity. It can determine...
Some People Say, “The Best Time to Sell Real Estate is Never, Unless it is a Sale-Leaseback!”
How to Unlock & Maximize the Value of Your Real Estate "Buy low and sell high"… the time-old aphorism surrounding real estate was and is still true. Performing arbitrage and collecting a profit consistently is a foundational strategy of investing. However, in the...
How Much Is Your Building Really Worth? Q1 2019 Insight – Toronto-East Markets
Identifying and Analyzing Trends Across Sub-Markets... Unlike most years when we see lots of ongoing activity, the current environment is marked by an ever-tightening market and lack of product. What this means is that we are seeing a pool of hungry buyers, ready to...
How Much Is Your Building Really Worth? Q1 2019 Insight – Toronto-North Markets
Identifying and Analyzing Trends Across Sub-Markets... Unlike most years when we see lots of ongoing activity, the current environment is marked by an ever-tightening market and lack of product. What this means is that we are seeing a pool of hungry buyers, ready to...
How Much Is Your Building Really Worth? Q1 2019 Insight – Toronto-Central Markets
Establishing True Valuations Across Differing Markets and Building Types... Unlike most years when we see lots of ongoing activity, the current environment is marked by an ever-tightening market and lack of product. What this means is that we are seeing a pool of...
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[Report] The Double Bind of Occupiers and Investors
How to Spot Opportunity in Today's Environment… Damned if you do. And damned if you don’t. That seems to be the dilemma of many professionals and decision makers working in the GTA Commercial Real Estate industry these days. There are no easy ways out. Product is...
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[Case Study] – Mitigating Risks When Acquiring A Contaminated Property
How to Deal With Bumps in the Due Diligence Process… Sometimes you simply have to pull the trigger on an acquisition. Whether you've been inactive for too long, have to meet requirements of a mandate, or lost out numerous times to competitors in scooping up prized...
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[Case Study] – Recovering from Localized Spills or Neighbouring Leaks From Industrial Operations
When You Find Out Your Property Isn't As Clean As You Thought It Was… If you've ever received a report of contamination despite the fact that you've never run an operation that could potentially have caused it, then you may want to read on to understand how to deal...
![[Case Study] – How To Unlock Value in Contaminated Sites](https://www.goranbrelih.com/wp-content/uploads/2019/06/Case-Study_How_To_Unlock_Value_in_Contaminated-Sites.jpg)
[Case Study] – How To Unlock Value in Contaminated Sites
When You Find Out Your Property Isn't As Clean As You Thought It Was… It is always good business practice to know more about the building you are selling than a prospective Buyer. If you're getting the tough news after the fact, then moving forward is usually going to...
Big Box Value-Add Opportunity – Castlefield and Caledonia District
Way back in 2006, the City of Toronto completed the Castlefield and Caledonia Design and Decor District planning study, which proposed the removal of heavy industrial and auto-related land use permissions that were considered incompatible with the emerging design and...
How to Recover From a Setback During Due Diligence – Phase Three Environmental Site Assessment, Remediation, and Cleanup
What To Do When Phase 2 Identifies Contamination… If you've ever had to give a steep price reduction or had your sale process drawn out longer than you'd like to admit because of previously unknown contamination or poor soil quality... Then this article will help...
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[Opportunity to Lease] District Profile – The Black Creek Business Area
From Farmland in 1913 to the Second Largest Transit Hub in Toronto, Second Only to Union Station For many Torontonians, the Black Creek area doesn't bring to mind a positive, up-and-coming, ideal location within the City. It is in need of updating and modernization,...
The Best Way to Maintain Control and Leverage in a Sale…
Failing To Prepare This Could Turn The Deal Sideways! The moment many deals turn sideways... You've done what many people thought was impossible. Perhaps even too 'risky.' You successfully purchased, occupied, leased, financed, operated, and/or managed a...
Why Most Deals Fall Apart…
When Buying or Selling, These May Make or Break the Deal! Have you ever had a sale fall apart at the last minute because you failed to do proper due diligence in advance of taking it to market? Over 25 years of representing landlords and investors, I’ve noticed this...
Buying (or Selling) Industrial Product in Toronto-North Markets?
This Is What You Need To Know…. The narrative continues... It's more of the same: hot markets, low vacancies, rising rental rates, and average prices, as you'll see below. Bottom line: it's incredibly difficult to find product - not just GREAT product - but ANY...
Are You A Buyer (or Seller) of Industrial Product in Toronto? This Is What You Need To Know
City of Toronto 2018 Industrial Sales Market Overview The City of Toronto’s Industrial Market (Etobicoke, North York, Toronto, East York and Scarborough) was on fire in 2018, resulting in a total sales volume of more than $658 million, with seventy eight properties...
HOW MUCH IS MY BUILDING REALLY WORTH?
Establishing True Valuations In Different Markets Across the GTA - Part 4 Understanding general trends is great, but you may be asking yourself… “How much is my property really worth?” What rental rate can I expect? How much $/PSF would I be able to get if I sold my...
![[CALL FOR OFFERS]: 25 Dyas Road, Toronto](https://www.goranbrelih.com/wp-content/uploads/2019/06/CALL-FOR-OFFERS_25_Dyas_Road_Toronto.png)
[CALL FOR OFFERS]: 25 Dyas Road, Toronto
OFFERING GUIDELINES All offers should be submitted by Wednesday, March 6th at 5:00pm, to the attention of Goran Brelih (goran.brelih@cushwake.com), or Liam Sauro (liam.sauro@cushwake.com). THE OPPORTUNITY 25 Dyas Road (the “Property”) presents a unique opportunity to...
![[Opportunity] Strong Cash-Flows, Rising Market Rental Rates, & Potential Redevelopment (2/2)](https://www.goranbrelih.com/wp-content/uploads/2019/06/Opportunity_Strong_Cash_Flows_Rising_Market_Rental_Rates__Potential_Redevelopment_2_2-959x675.png)
[Opportunity] Strong Cash-Flows, Rising Market Rental Rates, & Potential Redevelopment (2/2)
DON MILLS & YORK MILLS DISTRICT PROFILE February 28th, 2019 Today, I would like to share a fantastic opportunity at a property with stable income and the ability to significantly enhance future value. A unique aspect of this offering is that the strong and growing...
Is This The Hottest Pocket in Toronto? (1/2)
DON MILLS & YORK MILLS DISTRICT PROFILE February 26th, 2019 Neighbourhood Analysis - Don Mills & York Mills area The highly diverse Don Mills & York Mills district is home to companies ranging from private local businesses to large multinational...
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HOW MUCH IS YOUR BUILDING REALLY WORTH? (Toronto-North) [2/2]
Establishing True Valuations In Different Markets Across the GTA Continuing off from our last article profiling Vaughan - which you can view here - we will finish off the week (and Toronto-North) with a look at Markham, Richmond Hill, & Aurora/Newmarket. Markham...
![HOW MUCH IS YOUR BUILDING REALLY WORTH? (Toronto-North) [1/2]](https://www.goranbrelih.com/wp-content/uploads/2019/06/HOW_MUCH_IS_YOUR_BUILDING_REALLY_WORTH_Toronto_North_1_2.jpg)
HOW MUCH IS YOUR BUILDING REALLY WORTH? (Toronto-North) [1/2]
Establishing True Valuations In Different Markets Across the GTA Understanding general trends is great, but you may be asking yourself… “How much is my property really worth?” What rental rate can I expect? How much $/PSF would I be able to get if I sold my building?...
HOW MUCH IS MY BUILDING REALLY WORTH? (Toronto-Scarborough)
Establishing True Valuations In Different Markets Across the GTA Continuing off from our last article profiling Etobicoke - which you can view here - we will finish off the week with a look at Scarborough. In past years, Scarborough was never really on the radar for...
HOW MUCH IS MY BUILDING REALLY WORTH? (Toronto-Etobicoke)
Establishing True Valuations In Different Markets Across the GTA Welcome back to our series on trying to answer the age-old question of... "How much is my building really worth?" As those in the investment and commercial real estate community well know,...
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HOW MUCH IS MY BUILDING REALLY WORTH? [Toronto Central – 2/2]
Establishing True Valuations Across Different Markets and Building Types Across the GTA Continuing off from our last article - which you can view here - we will finish off Toronto Central with an analysis of the leasing side. Toronto Central (Toronto, North York,...
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HOW MUCH IS MY BUILDING REALLY WORTH? [Toronto Central – 1/2]
Establishing True Valuations Across Different Markets and Building Types Across the GTA At this time of year, every brokerage comes out with their Market Stats, an overview of 2018, as well as the Outlook for 2019. In essence, they are looking back to be able to...
![[2/2] Strategies that Toronto Investors and Occupiers are Using to Create Opportunities in One of the Tightest Markets in North America](https://www.goranbrelih.com/wp-content/uploads/2019/06/2_2_Strategies_that_Toronto_Investors_and_Occupiers_are_Using_to_Create_Opportunities_in_One_of_the_Tightest_Markets_in_North_America-1080x595.png)
[2/2] Strategies that Toronto Investors and Occupiers are Using to Create Opportunities in One of the Tightest Markets in North America
If you are an investor focused on the Greater Toronto Area Industrial Market, or an occupier looking for a building, then you may not have many options to consider. As a matter of fact, depending on the type of building, sub-market or building size, you may not have...
![[1/2] Strategies that Toronto Investors and Occupiers are Using to Create Opportunities in One of the Tightest Markets in North America](https://www.goranbrelih.com/wp-content/uploads/2019/06/1_2_Strategies_that_Toronto_Investors_and_Occupiers_are_Using_to_Create_Opportunities_in-_One_of_the_Tightest_Markets_in_North_America-1080x641.png)
[1/2] Strategies that Toronto Investors and Occupiers are Using to Create Opportunities in One of the Tightest Markets in North America
If you are an investor focused on the Greater Toronto Area Industrial Market, or an occupier looking for a building, then you may not have many options to consider. As a matter of fact, depending on the type of building, sub-market or building size, you may not have...
2018 Year At A Glance: Greater Toronto Area Industrial Real Estate Market – Part 2
Investment Capital Poured Into GTA Industrial Sector At Fast Pace While the industrial market continues to be driven by transportation, warehousing, distribution, and e-commerce, Industrial REIT’s, investment funds, private equity firms and private buyers are chasing...
2018 Year At A Glance: Greater Toronto Area Industrial Real Estate Market – Part 1
Warehouse Boom Continues, Industrial Sector Poised for Further Growth in 2019 The industrial market continues to be driven by transportation, warehousing, distribution, and e-commerce. As a result, approximately 6.5 million SF of new buildings was added to the...
You are Invited to the “Wonders of Ability” Gala – In Support of the Muki Baum Foundation
Dear Friends and Colleagues, It is with great pleasure that I invite you to join me at the 5th Annual Wonders of Ability Gala this November 12th, 2018. As we move through life, it is with the support of our friends, our family, and our community, that we are able to...
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[Recap & Opportunity to Acquire] How Retail Warehouse Showrooms Changed the Face of This Toronto Neighbourhood
District Profile - The Rise of Mid-Toronto (Yorkdale, Castlefield & Caledonia) Over the last couple weeks, we have been profiling this amazing Mid-Toronto Industrial Area, otherwise known as the Castlefield & Caledonia Design District. Today and looking...
District Profile – The Rise of Mid-Toronto (Yorkdale, Castlefield & Caledonia) – Part 4
An Influx of Brand New Self Storage Facilities CONVERSIONS FROM INDUSTRIAL TO SELF STORAGE FACILITIES We have seen many conversions of a number of industrial sites to self-storage facilities, such as for Dymon Storage, Apple Self Storage, Peerage Self Storage,...
District Profile – The Rise of Mid-Toronto (Yorkdale, Castlefield & Caledonia) – Part 3
How Warehouse Retail Showrooms Are Changing the Face of this Toronto Neighbourhood CONVERSIONS FROM INDUSTRIAL TO RETAIL WAREHOUSE We have seen many conversions of industrial sites to new retail warehouse showrooms, such as with Muti Kitchen and Bath, Import...
District Profile – The Rise of Mid-Toronto (Yorkdale, Castlefield & Caledonia) – Part 2
Today and looking forward, some of the most notable changes that we are seeing in this neighbourhood come from the mixed use, high density developments, let’s do a quick overview : MIXED USE, HIGH DENSITY DEVELOPMENTS Mixed use, high density redevelopment along...
How Retail Warehouse Showrooms Changed the Face of This Toronto Neighbourhood
District Profile - The Rise of Mid-Toronto (Yorkdale, Castlefield & Caledonia) For a number of years now we have seen many changes in the Mid-Toronto Industrial Area (bordered with Hwy 401, Dufferin St, Castlefield Ave, and Caledonia Rd) with older, obsolete...
REFLECTIONS FROM SIOR GLOBAL CONFERENCE – DENVER FALL 2018
We had another amazing SIOR event last month. It's always a privilege to connect with people at the forefront of the industry; to hear what they are practicing in their brokerage business. From attending different lectures and listening in, I came up with a list of...
AVAILABLE: Prime Office Investment/Development Opportunity in the City of Toronto
Dear Colleagues and Friends, I am excited to bring to you a unique opportunity to make an investment or development play, involving a property with: a second-to-none location, proximity to amenities, access to subway and public transportation, and frontage and signage...
Market In Demand – Multiple Transactions Over 150k SF – State of the Market – Etobicoke – September 2018
The Etobicoke Industrial Market, consisting of approximately 68 Million SF of industrial space, is the second largest industrial market in Toronto Central Markets (also comprised of Toronto, York, East York, North York and Scarborough), which makes up a total of about...
Rare Opportunity – 1.8MM SF Of Space Coming To Market – State of the Market – Scarborough – September 2018
The Scarborough Industrial Market, consisting of approximately 58 Million SF of industrial space, is the third largest industrial market in Toronto Central Markets (also comprises of Toronto, York, East York, North York and Etobicoke), which makes up a total of about...
Good Luck Finding Product: Off the Market Deals Prevalent – State of the Market – North York – September 2018
The North York industrial market, consisting of approximately 73 Million SF of industrial space, is the largest industrial market in Central Toronto (also comprises of Etobicoke, York, Scarborough, East York and Toronto) which makes up a total of about 231 Million SF....
Developers’ Portfolios Approaching 0% Vacancy – State of the Market – Vaughan – September 2018
The Vaughan Industrial Market - consisting of approximately 92 Million SF of industrial space, is the largest industrial market in Toronto North Markets (also comprises of Markham, Richmond Hill, Newmarket and Aurora), which makes up a total of about 148 Million SF....
Goran Brelih Team Update – Q2 2018
Our team was busy in Q2 2018. We processed a number of lease and sale transactions, design build and land sales across the Greater Toronto Area Industrial Market, representing both investors and occupiers. SOME KEY TRANSACTIONS in Q2 2018 TO TAKE NOTE OF: 1. 300...
Q2 2018 – GTA Industrial Real Estate Perspective
THE “RIGHT SPACE” HARD TO FIND IN THE GREATER TORONTO AREA The Greater Toronto Area Industrial Real Estate Market availability rate continues to be among the lowest in North America. This low vacancy rate triggered a considerable increase in net rental rates on...
State Of the Industrial Flex Market – Hwy 404/DVP Corridor, North York – June 2018
The North York industrial market, consisting of approximately 73 Million SF of industrial space, is the largest industrial market in Central Toronto (also comprises of Etobicoke, York, Scarborough, East York and Toronto) which makes up a total of about 231 Million SF....
Older Product with Increasing Values -State of the Industrial Market – Etobicoke – May 2018
The Etobicoke Industrial Market, consisting of approximately 68 Million SF of industrial space, is the second largest industrial market in Toronto Central Markets (also comprises of Toronto, York, East York, North York and Scarborough), which makes up a total of about...
Large Properties Not Available for Immediate Occupancy! – State of the Industrial Market – Scarborough – May 2018
The Scarborough Industrial Market, consisting of approximately 58 Million SF of industrial space, is the third largest industrial market in Toronto Central Markets (also comprises of Toronto, York, East York, North York and Etobicoke), which makes up a total of about...
Limited Product and High Values! State of the Industrial Market – City of Vaughan – May 2018
The Vaughan Industrial Market, consisting of approximately 92 Million SF of industrial space, is the largest industrial market in Toronto North Markets (also comprises of Markham, Richmond Hill, Newmarket and Aurora), which makes up a total of about 148 Million SF....
Where Has All The Product Gone? State of the Industrial Market – City of North York – May 2018
The North York industrial market, consisting of approximately 73 Million SF of industrial space, is the largest industrial market in Central Toronto (also comprises of Etobicoke, York, Scarborough, East York and Toronto) which makes up a total of about 231 Million SF....
Take Notice – $1.5 Billion Just Invested in North York
Three new investment announcements in North York, totalling over $1.5 Billion, proves yet again the confidence in Toronto’s Industrial market. Investment Snapshots Downsview Airport - PSP Investments - $816 Million Public Sector Pension Investment Board (PSP...
GTA INDUSTRIAL REAL ESTATE MARKET PERSPECTIVE
HOW DO WE COMPARE? The Industrial Real Estate Market of the Greater Toronto Area is the third largest market in North America with almost 900 Million square feet of space, right behind Chicago, with 1.195 Billion square feet and Los Angeles with 1.08 Billion square...
FREESTANDING BUILDING OF 38,856 SF AVAILABLE IN NORTH YORK
585 CANARCTIC DRIVE, NORTH YORK, ON , 38,856 SF on 1.50 ACRES Opportunity 585 Canarctic Drive, is a freestanding industrial building of 36,856 sf, currently demised for two tenants, however, there is an opportunity to occupy the entire building or half of the building...
MANUFACTURING FACILITY – 43,000 SF on 2.19 ACRES
100 TORYORK DRIVE, NORTH YORK, ONTARIO Opportunity This is a great opportunity to lease property located at 100 Toryork Drive, a freestanding industrial building of approximately 43,000 sf situated on 2.19 acres, with 10% office area, 16’ clear height (a small section...
INDUSTRIAL INVESTMENT TRANSACTION, VAUGHAN, ONTARIO
210 GREAT GULF DRIVE, VAUGHAN, ONTARIO – 128,235 SF on 8.02 ACRES Cushman & Wakefield ULC. ("C&W") has successfully completed the sale of an industrial facility located at 210 Great Gulf Drive in Vaughan to a privately held real estate investment firm from...
JUST SOLD ! 99 SUNRISE AVENUE, TORONTO
FREESTANDING INDUSTRIAL BUILDING SOLD TO A USER – 22,090 SF ON 1.19 ACRES I am pleased to announce that we have successfully completed the sale of an industrial facility located at 99 Sunrise Avenue in Toronto to a user. Sale is now firm with all conditions removed...
Looking to Purchase Food Production Facility in Toronto?
401 NORFINCH DRIVE, TORONTO, ONTARIO – 20,500 sf Opportunity: 401 Norfinch Drive is a freestanding industrial food production facility, GFSI & FSSC 22000 certified currently leased to a single occupant. This is an excellent opportunity to purchase great asset in...
Looking For Heavy Power? 8,000 Amps? In the City of Vaughan?
1 ROYAL GATE BOULEVARD, VAUGHAN – 100,708 SF FOR LEASE Opportunity: 1 Royal Gate Boulevard is an excellent industrial facility, suitable for companies looking for a manufacturing and/or distribution building with HEAVY POWER. Very few facilities of this size will come...
Investment Property For Sale with Re-Development Potential
3150 EGLINTON AVENUE EAST, TORONTO – 12,270 SF INCOME PRODUCING INVESTMENT OPPORTUNITY : 3150 Eglinton Avenue East presents an excellent opportunity to acquire a multi tenanted, retail plaza located adjacent to Walmart Superstore. The building which is fully leased to...
Investor or User Opportunity to Purchase Industrial Facility in Vaughan, Ontario
300 HANLAN ROAD, VAUGHAN, ONTARIO – 104,582 SF Opportunity: 300 Hanlan Road is a functional, freestanding industrial facility, currently leased to a single occupant. This is an excellent opportunity to purchase great asset in fantastic location, negotiate lease...
Great Head Office, Manufacturing & Distribution Facility For Lease
3471 McNICOLL AVENUE, Unit 1, TORONTO - 64,605 SF Opportunity: 3471 McNicoll Avenue, unit 1, being approximately one half of a freestanding building represents excellent opportunity to lease functional industrial facility for a short term until end of April 2020 or a...
