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 and is pending closing.

Our expert team equipped with knowledge, skill and professional acumen to handle this transaction developed a strategic action plan including local market intelligence to determine the exact metrics needed to successfully achieve Seller’s objectives. This approach generated multiple competing offers to purchase the property.

Cushman & Wakefield’s Senior Vice President and Broker, Goran Brelih, SIOR represented the Seller, Select Foods Product Limited in the transaction, along with Cushman & Wakefield’s Vice President Andrew Morrow.

99 Sunrise Avenue property consists of a small office area of less than two percent of the overall space, the balance is warehouse. It features brick and block construction, 14 feet ceiling height in the original section of the building, 20 feet clearance in the expansion warehouse free span area, as well as truck level doors that can accommodate large trailers.

Cushman & Wakefield is a leading global real estate services firm with 300 offices on six continents that helps clients transform the way people work, shop and live. Cushman & Wakefield’s full service platform offers Occupiers and Investors a wide range of services including sales and leasing, investment sales, valuation and advisory services and Project Management.

Goran Brelih and his team have been servicing Investors and Occupiers of Industrial properties in Toronto Central and Toronto North markets for the past 25 years. For more information on this opportunity or to discuss how they can assist you with your real estate needs please contact Goran at 416-756-5456 or email at goran.brelih@cushwake.com

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