Carttera is pleased to announce the sale of their 50% interest in Galaxy Airport Corporate Centre on October 31st, 2014.This site is a two-phase development site consisting of an 96% leased 83,000 sf flex office building in phase one and a 5.2 acre land parcel in phase 2.
Category Archives: News
Carttera recently acquired 134 Kennedy Road South, a 15.5-acre site with the ability to develop up to 325,000 square feet (property is zoned Industrial M2).Located on the east side of Kennedy Road just south of Queen Street in Brampton, this property boasts excellent access to both Highways 407 & 410 and includes available rail service.
Carttera’s 7100 West Credit, Mississauga, was recognized at NAIOP’s 13th Annual Real Estate Excellence Awards as the “Office Development of the Year”. 7100 West Credit, is a 5-storey, 95,000 square foot, LEED Gold office building located in the heart of the Meadowvale market. The building boasts exceptional locational characteristics including prominent highway exposure, and a […]
Carttera’s UIF3 has completed the purchase of 8875 Torbram Road in Brampton, Ontario. Demolition of the existing building has begun, and a new speculative, LEED Gold, 900,000 sf distribution centre will be ready for occupancy in December 2014.
Carttera ‘s UIF2 is pleased to announce the sale of 7100 West Credit Avenue in Mississauga to Standard Life Assurance Company of Canada. This LEED Gold, 96,171 sf speculative office building was fully leased to WorleyParsons in December 2013.The total sale price was $33,900,000.
Carttera’s, 1919 Minnesota Court in Mississauga, has been selected as a FINALIST for NAIOP’s REX Awards, Office Development of the Year. 1919 Minnesota Court is a new landmark office building located within the heart of Mississauga’s Meadowvale Business Centre. Completed in 2012, this LEED Silver brownfield redevelopment project is comprised of 125,000 square feet of […]
Carttera is pleased to announce the closing of Urban Intensification Fund 3 (UIF3). This latest Carttera fund has committed equity of $160 million from pension fund investors. The UIF3 fund will focus on investments in the Greater Toronto Area, in a diverse range of real estate types, classes, and initial occupancy levels. Targeted segments will […]
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 Urban Intensification Fund 2 sold 2665 Meadowpine Boulevard, Alcon Canada’s head office and warehouse building to an institutional buyer for $33.5million. 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 recently sold 15304 & 15360 – 111Avenue SW, a 7.64-acre development site located in Edmonton, Alberta.