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25 Dyas Road, Toronto Flex Office Investment Opportunity

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25 Dyas Road, Toronto Flex Office Investment Opportunity TORONTO YORK MILLS ROAD FOR SALE 25 DYAS ROAD, FLEX OFFICE INVESTMENT OPPORTUNITY N DYAS ROAD UPJOHN ROAD Cushman & Wakefield ULC, Brokerage 161 Bay Street, Suite 1500 P.O. Box 602 | Toronto, ON M5J 2S1 cushmanwakefield.com LIAM SAURO** Associate Vice President 416 359 2376 [email protected] GORAN BRELIH* Senior Vice President, Broker Industrial 416 756 5456 [email protected] **Sales Representative *Broker THE OPPORTUNITY AVERAGE OFFICE NORTH TORONTO 25 Dyas Road (the “Property”) presents a unique opportunity to GROSS RENTS AVAILABILITIES acquire a fully leased, single tenant, 74,717 square foot flex-office asset on 4.13 acres of land in Toronto’s highly sought after Don Mills Q4 2018 Q4 2018 commercial submarket with strong in place cashflow and the ability to add significant value over time. $18.00 PSF 1.2% INVESTMENT HIGHLIGHTS 25 Dyas Road Industrial • Low additional rent structure • New 6 year lease extension with Imagine Communications • Historically low North Toronto industrial and office availability of 1.2% and 1.9% respectively $37.06 PSF 1.9% North Toronto Office • Proximity to improving transit infrastructure investment including the Eglinton LRT and the future Downtown Relief Line TENANT OVERVIEW Imagine Communications • Leader and premier solutions-oriented technology partner to media industry • Headquartered in Frisco, Texas • Locations in 22 cities and 16 countries worldwide • Nearly 50% of television broadcasters worldwide make use of Imagine Communications’ products in some capacity • Imagine Communications software solutions drive nearly $50 Billion in global ad revenue for their customers MINS AREA OVERVIEW 3 • Located just south of York Mills Road between Leslie Don Valley Parkway, Bond Park Street and Don Mills Road • Employment zone well serviced by nearby amenities including three major shopping centres 5 MINS • Tenants in the node include TREB, Rogers, Bell, Oriole GO Station, Shops at Don Mills Mr. Greek (head office), BILD and City of Toronto • Located adjacent to existing and future transit infrastructure projects 8 MINS Fairview Shopping Centre, Bayview Village Shopping Centre, York Mills Station, Science Centre Station, Don Mills Station 25 Dyas Road Toronto, Ontario Yonge - University Subway Sheppard Subway Line Richmond GO Line Eglinton LRT Future Relief Line 25 Don Mills Bus 122 Graydon Hall Bus 95 York Mills Bus 51 Leslie Bus GENERAL GUIDELINES The deadline for submissions will be Wednesday, March 6th at 5:00pm Potential purchasers should submit all offers in terms of Canadian Dollars (CDN) All offers will be forwarded to the Vendor care of Cushman & Wakefield ULC PROCESS Based on information contained in this CIM, the Data Room, and other information that may be made available by the Advisor, interested parties are invited to submit an agreement of purchase and sale in a the purchasers own form that addresses the requirements outlined under the heading “Offering Guidelines”. Offers should be submitted to the attention of: Liam Sauro, Associate Vice President Capital Markets T: 416 359 2376 E: [email protected] Offers will be evaluated, among other criteria, on the consideration offered for the Property, the prospective purchaser’s ability to complete the transaction, and the proposed conditions and timing of closing. Following a review of the Offers, the Vendor, in its sole discretion, intends to select one or more of the Offers that it judges to be most attractive for further negotiations. Prospective purchasers should note that the Vendor is under no obligation to select any Offer. The Vendor also reserves the right to modify the offering process. ONLINE DATA ROOM GORAN BRELIH* Upon request, the Advisor shall provide access to an online data room to those prospective Senior Vice President, Broker Industrial purchasers who have executed the Advisor’s Confidentiality Agreement. The data room shall 416 756 5456 include documents for the review of prospective purchasers. Relevant information related to [email protected] the subject property will be included therein for consideration of prospective purchasers. LIAM SAURO** Associate Vice President 416 359 2376 [email protected] Cushman & Wakefield ULC, Brokerage 161 Bay Street, Suite 1500 P.O. Box 602 | Toronto, ON M5J 2S1 cushmanwakefield.com.
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