Carttera's 8875 Torbram Road, Brampton: 895,000 sf Now Fully Leased
Canada’s largest LEED® GOLD industrial building is now fully leased. TJX/Winners Canada have leased 440,000 sf to join MEC and a healthcare third party logistics provider on behalf of a multi-national pharmaceutical client as long term tenants. TJX is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. 8875 Torbram Road, located in the heart of Bramalea Business Park. www.8875torbram.com
The Carttera Industrial Fund Recently Sold 1 Keensford Court, Ajax
The Carttera Industrial Fund recently sold 1 Keensford Court in Ajax. This 25.8 acre development site was zone for employment and allowed for a wide array of commercial and industrial uses.
Carttera's Urban Intensification Fund 2 Recently Sold 1926 Lake Shore Boulevard West
Carttera's Urban Intensification Fund 2 recently sold 1926 Lake Shore Boulevard West in Toronto. This 1.1 acre site was acquired, re-zoned to permit the development of two 35-storey residential towers, and sold. The site fronts Sunnyside Park with spectacular views of Lake Ontario, High Park and downtown Toronto.
Carttera's Urban Intensification Fund 4 Closes
Carttera is pleased to announce the successful closing of its latest closed-end investment fund vehicle, Urban Intensification Fund 4 (UIF4). This Carttera Fund has committed equity of $156,000,000 and will be invested in the Greater Toronto Area and Montreal in a diverse range of development and re-development projects including office, flex office, mixed-use, industria, retail and residential condominium projects.
Carttera's L'Avenue Residential Development Awarded 2016 UDI INOVA Award
Carttera's L'Avenue residential development in Montreal, Quebec was recently awarded the 2016 Urban Development Institute's INOVA Award for multi-residential developments over $50 million. The INOVA Awards reward the talent of those who contribute to enhance Québec’s expertise in real estate. The INOVA Awards honour innovative projects, having a positive impact for their community in commercial, residential, industrial and public services sectors. Click here for the press release www.iduquebec.com.
Carttera Announces Construction Has Commenced On Oakwoods Centre
Construction has commenced on the 75,000 sf retail plaza at Oakwoods Centre. This retail centre will be completed in Q3 2017 with a potential tenant mix of grocery, bank, pharmacy, restaurants and daycare. For more information on Oakwoods Centre go to www.oakwoodscentre.com
Carttera Announces 89,600 sf Two Storey Flex Office Development At Oakwoods Business Park
Carttera announces the construction start on a new speculative two storey flex office building located at 1415 Joshuas Creek Drive in Oakwoods Business Park. This 89,600 sf building will feature a highly efficient floor plate with a 4% gross up factor, 4/1,000 sf parking ratio, signage opportunities and is divisible to 7,500 sf. Construction will commence Q1 2017 for expected tenant fit out availability in Q3 2017. For more information on Oakwoods Business Park go to www.oakwoodbusinesspark.com
Carttera Recently Sold 134 Kennedy Road South, Brampton
Carttera is pleased to announce the sale of 134 Kennedy Road South in Brampton. This 15.53 acre industrial site featured the ability to build up to 325,000 sf with rail access and outside storage.
Carttera's 8875 Torbram Road Receives LEED® GOLD Certification
Carttera is pleased to announce that 8875 Torbram Road is now a LEED® certified development achieving GOLD level certification. This development is Canada's largest certified LEED® GOLD industrial building and one of only eleven industrial developments in Canada demonstrating these levels of sustainable and exemplary green building practices. 8875 Torbram Road LEED® GOLD benefits include lower operating costs, energy and water conservation, healthy and safe work environments and enhanced company profiles. This new 'best in class' 895,000 sf distribution centre is located in the heart of Bramalea Business Park. www.8875torbram.com
Carttera Acquires Equity Partnership in Arbora Condos
Carttera's UIF3 acquired an equity partnership in Arbora Condos, a two phase residential development located in Montreal, Quebec. Once complete, Arbora will consist of three buildings comprising 368,345 sf residential and 31,969 sf commercial/residential. www.arboragriffintown.ca
Weston Comstor Officially Opens 47,500 SF Facility at Oakwoods Business Park
Westcon Comstor officially opened the doors of their 47,500 sf facility at Oakwoods Business Park. Westcon took occupancy of this state of the art facility in November 2015. CLICK HERE for the recent Oakville Beaver article or go to www.oakwoodsbusinesspark.com for more information on Oakwoods.
Carttera's 8875 Torbram Road, Brampton is selected as a FINALIST for multiple NAIOP Real Estate Excellence Awards
Carttera's, 8875 Torbram Road, Brampton, has been selected as a FINALIST for the NAIOP's REX Awards, Industrial Development of the Year and Industrial Lease of the Year. 8875 Torbram Road is a new 'best in class' 895,000 sf distribution centre located within the heart of Bramalea Business Park. The NAIOP REX Awards is a recognition program established to celebrate the achievements of the office, industrial, retail and mixed-use real estate industry in Toronto and the surrounding region. The focus of the awards program is on results (quality and performance), skills (teamwork, collaboration, innovation and creativity) and values (community and environmental awareness).
Carttera's Joshua Creek Corporate Centre Phase Two leases 10,000 sf to BioScript Solutions
Carttera's is pleased to announce BioScript Solutions has leased approximately 10,000 sq.ft. at Joshua Creek Corporate Centre Phase II. The BioScript Solutions group of companies represent a full-service patient support system for complex specialty drug therapies. Joshua Creek Corporate Centre Phase Two is a new three building, campus style, flexible office development with great rates, new transit routes & improved access, superior QEW signage opportunities, ample parking and is available for immediate occupancy.
Carttera's 8875 Torbram Road recently completed two long term lease transactions
Carttera's 8875 Torbram Road in Brampton recently completed two long-term lease transactions for 180,000 and 280,000 sf with a major Canadian outdoor recreational retailer and a Healthcare third party logistics provider on behalf of a multi-national pharmaceutical client. Both tenants will occupy this 'best in class' distribution centre in the first quarter of 2016. There is currently 440,000 sf remaining within the 900,000 sf, LEED Gold, multi-tenanted development located in Bramalea Business Park. www.8875torbram.com