Carttera’s Sells Interest in Complexe Lebourgneuf Phase 2
Carttera's Urban Intensification Fund sold its 50% interest in Complexe Lebourgneuf Phase 2 to BTB REIT. Carttera co-developed and leased this Class A, 142,000 square foot office building located in the Lebourgneuf suburb of Quebec City, Quebec.
Carttera Sells Alcon Building in Meadowvale, Mississauga
Carttera's Urban Intensification Fund 2 sold 2665 Meadowpine Boulevard, Alcon Canada's head office and warehouse building to an institutional buyer for $33.5 million. Colliers International effected the transaction on behalf of Carttera. Post-closing, Carttera will expand the existing 92,000 sq.ft. building to 160,000 sq.ft. on behalf of the buyer.
Carttera's Urban Intensification Fund 2 acquires development site at 1926 Lake Shore Boulevard West, Toronto.
Carttera's Urban Intensification Fund 2 recently acquired a 1.1 acre site located at 1926 Lake Shore Boulevard West in Toronto. This site fronts onto Sunnyside Park and has spectacular views of Lake Ontario, High Park and downtown Toronto. Carttera plans to redevelop the site as a residential condominium.
Carttera sells 7.64 Acres of Development Land in Edmonton, Alberta
Carttera's Urban Intensification Fund recently sold 15304 & 15360 - 111 Avenue SW, a 7.64 acre development site located in Edmonton, Alberta.
Owners At “The Ninety” Take Occupancy
Carttera's, 'The Ninety' residential condominium development on Broadview Avenue in Toronto delivered occupancy of its 222-units to buyers, who have started moving in.
Carttera’s L’Avenue Residential Development Launches in Montreal
Carttera's Urban Intensification Fund 2 recently launched L’Avenue, a 400 unit residential development, located in the heart of downtown Montreal across from the Bell Centre.
Completion of 1919 Minnesota Court
Carttera's LEED Silver office development at 1919 Minnesota Court in Meadowvale is now home to DuPont Canada and Maxxam Analytics head offices. This 100% leased, state-of-the-art 125,000 sq.ft building enjoys prominent Highway 401 exposure at Mississauga Road in Meadowvale, Ontario.
Carttera’s Urban Intensification Fund 2 Acquires Joint Venture Interest in Cloud 9 Development
Carttera's Urban Intensification Fund 2 has acquired a 50% Joint Venture interest in the residential condominium development named Cloud 9. Cloud 9 has 260 residential suites and is located in the heart of Etobicoke on Kipling Avenue.
Carttera Assumes Management of Industrial Fund
Carttera Private Equities Inc. is pleased to announce their appointment as the new General Partner and Manager of a Canadian industrial fund, replacing a large international U.S. based development company. The fund currently contains two significant development properties in the GTA. The fund will be re-named the Carttera Industrial Fund and will join the Carttera family of real estate development funds in Canada.
Construction Begins at Galaxy Airport Centre
Construction has begun on Phase One of 165-175 Galaxy Boulevard, near Pearson International Airport in Toronto. This two-storey, LEED Silver, 81,000 square foot speculative flex office building is slated for completion in the summer of 2013.
Carttera's Latest Meadowvale Development | 7100 West Credit Breaks Ground
Carttera's speculative office development at 7100 West Credit Avenue broke ground in July 2012. This four-storey, 95,868 square foot, LEED Silver, office development will be ready for tenant occupancy in the Summer of 2013.
Carttera Acquires Meadowvale Development Site
Carttera's Urban Intensification Fund 2's latest acquisition is a 3.4 acre site located at 7100 West Credit Avenue in Mississauga, Ontario. The site is strategically located in the heart of Meadowvale, at the north-west intersection of West Credit Ave and Derry Road West. Carttera plans to immediately construct a four-storey LEED Silver speculative office building totaling 95,868 square feet that will be ready for occupancy Summer 2013.
Oneeleven Bathurst Residential Development Launches At King & Bathurst
Carttera's Urban Intensification Fund 2 recently launched oneeleven, a 256-unit residential development, located at 111 Bathurst Street in the vibrant King West Area. The oneeleven development will also have 10,700 square feet of retail and 15,000 square feet of office.
Carttera’s Residential Development | Grand Opening of Sixty Colborne
Carttera's Urban Intensification Fund 2 recently launched Sixty Colborne, a 281-unit residential development located on the southeast corner of Church Street and King Street West in Toronto.
Carttera Acquires a 42-Acre Development Site in Oakville
Carttera's UIF2 has closed on the acquisition of a 42 acre development site located near the intersection of Hwy 403 and the QEW in Oakville, Ontario. The site has frontage on Ford Drive, Upper Middle Road, Joshua Creek Drive and the future realignment of North Service Road. The site is zoned E1 and E2, and is ready for development.
1919 Minnesota Court, Mississauga is 100% Leased
The last remaining vacancy, comprising the entire 25,000 square foot 5th floor, has been leased at Carttera's 1919 Minnesota Court office development in Meadowvale. The 125,000 square foot building, which is the new Canadian headquarters for DuPont Corporation, is now fully leased. Construction is on schedule for completion in July, 2012.
Carttera Acquires Development Site At Bell Centre in Downtown Montreal
Carttera's Urban Intensification Fund 2 acquires a 0.73 acre surface parking lot directly across from the Bell Centre in Montreal. Carttera plans to develop a mixed-use retail, hotel and residential condominium project on the site.
Carttera Acquires 12.5 Acre Meadowpine Office Lands & Alcon Building
Carttera is pleased to announce their latest acquisition - the Meadowpine office lands and the Alcon Building. The site and building are located on the Northeast intersection of Highway 401 and Winston Churchill Boulevard in Mississauga, Ontario. The site's total acreage is 12.5 acres and the office/industrial building size is 92,000 square feet. Carttera plans to develop up to 300,000 sq. ft. of new LEED office space with occupancy as early as the summer of 2013. www.gatewaymeadowvale.com