For Sale/Lease: Industrial 11 Spalding Drive 123,780 SF Industrial Building in ,

Here is where your business will grow. lennard.com 11 Spalding Drive The opportunity consists of a 123,780 SF industrial building located in a diverse commercial and industrial node surrounded by an abundance of amenities. The Building is situated on approximately 10.7 acres of land, providing a low coverage ratio of only 27%, allowing for ample additional land uses or future expansions and re-development.

Available Space Asking Price - For Sale 123,780 SF $3,750,000 Office Taxes (2018) 7,600 SF $26,324.17 Shipping Asking Price - For Lease 6 Truck Level Doors $4.75 PSF 1 Drive-in Doors TMI (estimated)

Clear Height $2.25 PSF

14’ Available Site Immediately 10.7 acres Power 600 V, 2000 A

Building Overview 11 Spalding Drive has a range of different warehouse areas, along with 7,600 SF of front office. The building can be demised into two more units, providing flexibility for users and investors. With approximately 4 acres of excess land and neighboured by park lands to the East and West, the Spalding Drive corridor is a Class A industrial, commercial and recreational node

lennard.com 11 Spalding Drive

What’s Near By Amenities in the immediate area include; , McDonalds, Starbucks, Shoppers Drug Mart, Sobeys among many others.

In addition to being surrounding by amenities, 11 Spalding Drive provides efficient transportation to the Greater Area and key markets such as London, Kitchener-Waterloo and Windsor. 403 is located minutes to the north, providing direct connectivity to Highway 401, Ontario’s main east-west corridor stretching from to Windsor.

lennard.com 11 Spalding Drive Building Site Plan

Multiple Unit Potential

lennard.com 11 Spalding Drive

lennard.com 11 Spalding Drive Excess Land

Approx. 4 Acres

lennard.com 11 Spalding Drive Potential Self-Storage Conversion 11 Spalding Drive is an ideal candidate to be converted into a self-storage building. The traditional configuration, and ability to divide the facility into multiple units allows self-storage operators to phase construction while leasing out a portion of the building for additional holding income. The 4 acres of excess land allows for future expansion, and is well configured for the development of drive-up storage units.

The location of 11 Spalding Drive is desirable for a self-storage facility, as it is situated in a high traffic area with excellent exposure. Positioned next to a large retail node, the 11 Spalding Drive facility can be seen from Ballantyne Drive and also from the Sobeys parking lot on Colborne Street West, a main arterial road in Brantford. In addition to having exposure to the neighbouring high-traffic retail area, a municipal baseball diamond and multiple soccer fields that host a variety of recreational and competitive leagues are located on both sides of 11 Spalding Drive. These recreational fields drawa high volume of traffic directly to the Property on a daily basis.

lennard.com 11 Spalding Drive Logistical Efficiencies Strategically located in a highly connected transportation hub, Brantford is in proximity to major Canadian and U.S. markets. Situated in a central industrial node, 60% of all manufacturing establishments in can be reached within one day by truck, as well as 70% of the Canadian population, 48% of the U.S. population, 10 out of the 12 U.S. industrial markets, and a reach that encompasses 130 million people. The City also has direct access to CN Railway’s Windsor-Quebec Line and Railway, providing transportation through the railway network as well as three international airports.

lennard.com Brantford Market Overview Multi-Modal Transportation Toronto Lester B. Pearson International Airport • Largest airport in • Processes over 45% of air cargo in Canada • Three primary cargo facilities totaling 1.2 million square feet of warehouse space • Five full length CAT I and III runways with 24/7 customs clearance: 3,389 x 60m, 2956 x 60m, 2,743 x 60m, 3,368 x 60m, 2,770 x 60m

John C. Munro Hamilton International Airport • Serves as a reliever for Toronto Lester B. Pearson International Airport • One CAT I runway: 3,050 x 61m • 77,000 square feet warehouse capacity

London International Airport • Air Canada Express, WestJet and WestJet Encore serve London International Airport, along with multiple cargo airlines • Located only 45 minutes from Brantford • The airport has sparked significant industrial leasing and development activity in the surrounding area

Railway • Direct connection to CN Rail’s Windsor-Quebec Main Line • operated by Genessee & Wyoming Inc. extends network south east to Nanticoke

Road Infrastructure • Two major arterial thoroughfares, Highway 403 and 401 running east and west respectively link Brantford to the rest of North America Growing Education Base The City of Brantford sees higher education as a necessary catalyst for economic development, helping to raise the overall education and skill level of the community to support growth sectors in the City and attract public and private investment. Currently, there are two universities and colleges located in the downtown core of Brantford, University, and . The common programming among the institutions is in the service industries, primarily arts, education, and health, shifting focus to a knowledge based economy.

Wilfrid Laurier University, Brantford Campus

lennard.com Brantford Market Overview Economic Overview The City of Brantford along with the of Brant was designated as a Census Metropolitan Area (CMA) in 2006, and the combined population has grown beyond 135,000. According to the 2011 Census profile, Brantford’s 8.7% growth rate placed the CMA as the third fastest growing CMA in Ontario, and the 10th fastest in Canada. In 2015, 2017 and 2018, fDi Magazine ranked Brantford 8th in their bi-annual, Top 10 American Micro-Cities of the Future ranking, against 422 cities in North, South, and Central America. The study was based on economic potential, human resources, cost effectiveness, infrastructure, and business friendliness.

Rank Company Industry Employees

1 Ferrero Canada Ltd Food Manufacturing 1155

2 Excel Canada Ltd./ DHL Warehouse & Distribution 410

3 TreeHouse Foods Inc. Food Manufacturing 404

4 Apotex Pharmachem Inc. Chemical Manufacturing 380

5 Aryzta Canada Co Food Manufacturing 335

6 S.C. Johnson & Son Ltd Chemical Manufacturing 300

7 Tigercat Industries Inc. Machinery Manufacturing 289

8 The Marco Corporation Warehouse & Distribution 267

9 Maple Leaf Foods Food Manufacturing 225

10 Atlas Hydraulics Inc Plastic & Rubber Products 200

lennard.com Peter De Guerre*, Senior Vice President 416.649.5903 [email protected] Jay Finch**, Vice President 905.917.2037 [email protected] Jim McIntosh*, Senior Vice President 905.917.2036 [email protected]

200-55 University Avenue, Toronto 416.649.5920 lennard.com

*Sales Representative Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2019.