GTHA Investment Report February 2019 FOR MORE INFORMATION, PLEASE CONTACT: Ryan McAskile Vice President, Broker | Private Capital Investment Group Direct: 416 791 7237 Mobile: 416 725 2703
[email protected] Accelerating Success. Welcome to the February edition of the GTHA Investment Report, the most Top 10 Transactions for February 2019 comprehensive overview of GTHA investment sales activity in the market. Asset Type Property Municipality Region Price Unit Price / Unit Office Dynamic Funds Tower Toronto Toronto $473,000,000 Square Feet $728 Total transaction volume for the month of February was Office 56 Wellesley Street West Toronto Toronto $98,000,000 Square Feet $454 approximately $1.63 billion across all asset classes. Toronto saw Res Land 77 River Street & Labatt Avenue Toronto Toronto $54,400,000 Acres $40,597,015 the most activity at $1.04 billion followed by York at $214 million. Res Land 7082 Islington Avenue Vaughan York $35,000,000 Acres $1,105,042 Office sales had the highest transaction volume amongst asset classes at $640 million followed by residential land and ICI land at Apartment 15 Walmer Road Toronto Toronto $30,000,000 Units $384,615 $336 million and $251 million, respectively. The largest transaction Industrial 185 William Smith Drive Whitby Durham $27,500,000 Square Feet $135 for the month of February was the office sale of the Dynamic Office Warden City Centre Markham York $26,520,000 Square Feet $208 Funds Tower at 1 Adelaide St E for $473 million. Retail 4916 - 4946 Dundas Street West Etobicoke Toronto $26,500,000 Square Feet $602 This month we feature THE HUB, Oxford Properties and CPPIB’s Res Land 250 Lawrence Avenue West & 219 Glengarry Avenue Toronto Toronto $26,000,000 Acres $18,181,818 proposed 1.4 million-square- foot, 60-storey office tower at 30 Industrial 2301 - 2311 Royal Windsor Drive Mississauga Peel $25,750,000 Square Feet $126 Bay Street.