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2111 Steeles Avenue East,10 & 12 Melanie

4 Industrial Properties in Brampton, ON

Executive Summary

Colliers International (the “Agent”) has been retained by Canadian Tire Corporation, Limited (the “Vendor”) as exclusive agent to arrange
for the offering and sale of either a (i) a 100% freehold interest or (ii) joint venture with CT REIT of an approximately 1,615,616 SF situated
on a 90.2 acres site, municipally described as 2111 Steeles Avenue East, 10 & 12 Melanie Drive, Brampton, ON (“the Property”) The Property is strategically located in central Brampton, Ontario. The Property spans approximately 90.2 acres and is improved with five buildings totalling 1,615,616 SF. The buildings on the property range from 8,624 SF to 1,424,758 SF, offering multiple leasing configurations and/or out parcel sales. The entire property is fully fenced and secure offering more than 789 trailer stalls. The property is currently occupied by theVendor who will sell and set a short term lease back.The offering provides investors the rare opportunity of interim cash flow to reposition the property into an ideal multi tenant campus in Canada's largest supply chain hub. This trophy asset is truly one of the last remaining infill properties offering scale, highly functional buildings and imcomparable property features, a true competitive advantage positioned well
below replacement cost

Attachments

melanie

Property Facts

Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 1,589,427 SF
Total Land Area 88.72 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
12 Melanie Dr, Brampton, ON L6T 4K9 Industrial 103,519 SF 1984 -
10 Melanie Dr, Brampton, ON L6T 4K8 Industrial 7,847 SF 1980 -
2111 Steeles Ave E, Brampton, ON L6T 4L5 Industrial 1,458,820 SF 1974 -
12 Melanie Dr, Brampton, ON L6T 4K9 Industrial 19,241 SF 1980 -
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  • Listing ID: 31459900

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: 2111 Steeles Avenue East,10 & 12 Melanie, Brampton, ON

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