165 Tycos Drive/845 Caledonia Road: Artist Rendering – Not exactly as shown
Cushman & Wakefield ULC, Brokerage, as Exclusive Agent for the Owner, is pleased to offer for lease 165 Tycos Drive/845 Caledonia Road, approximately 22,047 square foot freestanding retail/warehouse facility situated on 1.12 acres of land, located within the desirable Caledonia & Castlefield “Designer District”.
This property offers Tenants with a unique opportunity to secure a long term lease of a high-quality retail/warehouse showroom facility, in a highly desirable Toronto submarket, where vacancies are historically low and rental rates as well as property values continue to increase.
Castlefield & Caledonia Design District Overview
The Castlefield Design District is known for its prominent retail sector, accompanying a high concentration of design and home décor retail, warehousing, and head office locations that all offer a broad spectrum of lighting, furniture, carpet, floor, kitchen, and home improvement products and services.
The Castlefield Design District has been a desirable location for big-box and boutique retailers who are primarily interested in locales that provide a mixed-use environment, ranging from retail and factory outlets to adjacent residential development that conveniently exposes them to a wide-ranging target market.
Notable head offices that can be found within the district include Roots Canada and Canada Goose, as well as an ongoing list of other retailers including Home Depot, Lowe’s, Taps, Olympia, ELTE, and Ginger’s.
165 Tycos Drive / 845 Caledonia Road Location Overview
Positioned within central Toronto, the Castlefield Design District is supported and connected by a large transportation network that includes a mix of collector and arterial roadways providing linkages to the regional highway network. The district is located approximately 3 km from Allen Road, via Caledonia Road to Lawrence Avenue West, providing direct access to Highway 401. This allows retailers to be connected to a massive trade area that includes over 3.4 million people within a large 20 km radius.
Demographics & Traffic Count
165 Tycos Drive / 845 Caledonia Road Demographics & Traffic Count
This Node’s Notable Home Improvement Tenants
The Castlefield Design District is an interior designer or home improvement enthusiast’s dream!
The area is home to a wide selection of furniture and design businesses catering to industry professionals looking for pieces to spice up their living space. What used to be the epicenter for construction workers and developers is now an area shared by the types of professionals who hunt for items such as live-edge wooden tables and carpets from India.
Castlefield Design district has been compared to New York’s warehouse-heavy pockets: a little far-flung but unexpectedly abundant in high-end retailers.
Some of the neighborhoods most notable tenants include: Carrocel Interiors, Maison Corbeil, CeraGres, Elte, Gingers, Sescolite Lighting, Union Lighting, Jardin De Ville, Imperial Carpets, Stone Tile, Shelter Furniture, Mobilia, Lowes, and Home Depot, many of whom have been in the area for more than 30 years.
165 Tycos Drive/845 Caledonia Road Tenants in the Node
For more information or to arrange a tour please call:
Goran Brelih, SIOR
416-756-5456
goran.brelih@cushwake.com
Diana McKennon
416-642-5356
diana.mckennon@cushwake.com
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Goran Brelih and his team have been servicing Investors and Occupiers of Industrial properties in Toronto Central and Toronto North markets for the past 27 years.
Goran Brelih is a Senior Vice President for Cushman & Wakefield ULC in the Greater Toronto Area.
Over the past 27 years, he has been involved in the lease or sale of approximately 25.7 million square feet of industrial space, valued in excess of $1.6 billion dollars while averaging between 40 and 50 transactions per year and achieving the highest level of sales, from the President’s Round Table to Top Ten Industrial Representatives in GTA and the National Top Ten.
Goran is currently serving as Immediate Past President of the SIOR ‐ Society of Industrial and Office Realtors, Central Canadian Chapter and on the Board of Directors of Muki Baum Accessibility Centre, a Toronto‐based NGO which provides support to children and adults with complex disabilities.
Specialties:
Industrial Real Estate Sales and Leasing, Investment Sales, Design-Build and Land Development
About Cushman & Wakefield ULC.
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory, and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
For more information on GTA Industrial Real Estate Market or to discuss how they can assist you with your real estate needs please contact Goran at 416-756-5456, email at goran.brelih@cushwake.com, or visit www.goranbrelih.com.
