2020

LAND SPECIALISTS TRANSACTIONS LAND SPECIALISTS TABLE OF CONTENTS

MEET THE Specialists 6

ABOUT CBRE 8

TRANSACTIONS Map 10

RESIDENTIAL TRANSACTIONS

211 POWERLINE ROAD, Brantford 13

JENNINGS CREEK PHASE I & II, Lindsay 14

6480, 6482 & 6484 , 14

3431 OLD SCHOOL ROAD, Caledon 15

197, 199, 201 GALLOWAY ROAD 16 & 4097 EAST, Toronto

I.C.I. TRANSACTIONS 3650 , Toronto 18

2 ROYAL AVENUE, Nobleton 19

9361 & 9371 HIGHWAY 11, Severn 19

455 MAGNA DRIVE, Aurora 20

60 MAIN STREET NORTH, Brampton 21

36-40 MAIN STREET NORTH, Brampton 22

2829 MCKINSTRY ROAD, Bradford 23

2156 QUEENSVILLE SIDEROAD, East Gwillimbury 23

LAND Industrial Commercial Institutional “I.C.I.” SPECIALISTS JASON CHILD OUR TEAM SENIOR VICE PRESIDENT Jason Child is a Senior Vice President at CBRE Limited. Since joining CBRE, Jason has become a leading expert in the disposition of residential land throughout the Greater Toronto Area and Greater Golden Horseshoe Area. Throughout his career, Jason has been involved in more than 350 land deals. Over his 20-year career, he has SPECIALIZES IN been consistently recognized as a top performer in the acquisition and disposition of residential land throughout the Greater Golden Horseshoe Area. Jason earned his Bachelor of Commerce, majoring in Housing and Real Estate Management from the University of Guelph. A MESSAGE FROM LAND THE PARTNERS IAN HUNT SENIOR VICE PRESIDENT Ian Hunt is a Senior Vice President at CBRE Limited. He is recognized as a leading advisory expert in land dispositions 2020 was an interesting year, throughout the ‘416’ and ‘905’ regions and is ranked within the Top 10 Sales Professionals in CBRE’s Toronto North Our team specializes in Land Advisory & Transaction impacting each of us and all of those Office. He has successfully transacted over $1 Billion in land dispositions, which stems from his unsurpassed market Services throughout the Greater Toronto Area and into around us in ways that could have knowledge, strong client focus, and above all his expertise and strength in negotiation to obtain the maximum value the Greater Golden Horseshoe. With over 45 years never been imagined or prepared for each transaction, which has led him to over 120 land transactions during his career. Ian earned his Bachelor of of combined experience, we have become market for. Personally, professionally, and Commerce, majoring in Housing and Real Estate Management from the University of Guelph. leaders in the disposition of land development socially, we have all had to change opportunities throughout Southern Ontario. the way we conduct business and represent our clients, and we have DANIEL SATOOR Our Advisory Team provides numerous strategic been reminded that there are more SALES REPRESENTATIVE benefits and strongly believes that having a vast factors influencing decisions than Daniel Satoor is a Sales Representative at CBRE Limited. He has focused exclusively on advisory and transaction services for development and redevelopment land throughout the Greater Golden Horseshoe and Greater Toronto knowledge and in-depth understanding of the price alone. Area. Daniel has over a decade of experience in the real estate industry. He has previous experience in Property local markets is fundamental to the success of We will not make a prediction for Assessment and Policy Analysis at the City of Calgary. Daniel earned his Bachelor of Commerce, majoring in our transactions. With almost $2B in GTA and Housing and Real Estate Management from the University of Guelph. GGH land sales, much of our credibility and 2021 because we can only commit to consistency lies in our marketing methods what we can control. That is to focus and tailored strategies designed to make the on selling land, focus on helping our TOREY FERRELLI clients, and to focus on providing acquisition process streamlined, while ensuring SALES REPRESENTATIVE that the opportunity is received promptly by Purchasers with accurate and timely Torey Ferrelli is a Sales Representative at CBRE Limited. He specializes in underwriting, valuation services and the widest suitable range of Purchasers. information. Not all land is suitable transaction support for development and redevelopment land throughout the Greater Golden Horseshoe and for each Purchaser, but by continuing Greater Toronto Area. His past experience in Professionalism & Hospitality aids him in delivering exceptional service Our CBRE platform provides us with market to offer a variety of options, in to clients and land owners. Torey earned his Bachelor of Arts at Brock University and George Brown College. leading resources including extensive multiple markets, our goal for 2021 financial analysis, planning expertise, is to continue to grow our platform, and marketing support for the benefit of improve our services, and help our ALLISON CONETTA representing land owners or lenders in the clients manage whatever the world SALES REPRESENTATIVE disposition of real property. bring to us. Allison is a Client Services Assistant at CBRE Limited. Recently, she has earned her Real Estate License. Allison coordinates all graphic design, marketing material and performs administrative support and client services for the team. Allison earned her Bachelor of Urban and Regional Planning, from the School of Urban and Regional Planning at Ryerson University.

WE REPRESENT YOU ACCESS TO PRINCIPALS COMPREHENSIVE M A R KE T I N G LOCAL MARKET KNOWLEDGE DEEPEST BENCH STRENGTH Our Team is dedicated to representing one Consistently complemented by over 40 With almost $2B in GTA and GGH land sales, Having an in-depth knowledge of the local The CBRE platform provides the support, client in a transaction. This means that the mandates around Southern Ontario, our much of our credibility and consistency lies in market is fundamental to the success of any extensive financial analysis, planning expertise entire team and support of CBRE is working Team frequently visits the boardrooms of all the methods with which we present the offering. offering. Our Team has become experts in and marketing skills for the benefit of acting towards successfully reaching an outcome major GTA builders/developers promoting The primary focus of the materials is to educate working throughout the Greater Toronto Area as our (and your) resource team. This ensures that is satisfactory to you. Our team has more opportunities and negotiating transactions. It is the prospect on the opportunity, answer the and the Greater Golden Horseshoe and have timely information, superior marketing than 40 years combined total experience in this access to decision makers that allows us to first several questions that they may ask, and developed a high level of familiarity with the materials, and the concurrent horsepower of skillfully working with Vendors and Purchasers, present the opportunity and encourage these then simplify the process with which they can political scene, municipal staffing, and trends having multiple salespersons promoting the cooperating with Brokers and Salespersons to decision makers to spend time to evaluate and request technical due diligence information, in local markets. opportunity with one unified message. provide advisory, transaction, disposition and pursue the opportunity. and then proceed to an offering stage. acquisition services on behalf of one client in each transaction. CBRE’S GLOBAL LAND SPECIALISTS PLATFORM

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm. The Company has approximately 75,000+ employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 450 offices worldwide.

CBRE Limited has been established in Canada for almost 40 years. CBRE began operations in Canada under the name Coldwell Banker Inc. in 1983. Today, CBRE Limited, Canada, employs ±2,080 people in 22 locations from coast to coast. Using its strength, resources and passion, CBRE helps clients successfully anticipate market opportunities, seize competitive advantages and achieve their real estate objectives. The core services include, Brokerage Services (Industrial, Investment, Retail, Land and Hotel), Global Corporate Services (Facilities Management, Project Management, Lease Administration, Transaction Management and

Consulting) and Fee Services (Asset Services, Valuation and Advisory, Debt and Structured Finance and Market Research). Using this platform, we are able to reach out globally to utilize every avenue and provide the highest level of market reach.

CBRE offers strategic advice and execution for property sales and leasing. We pride ourselves on our ability to provide clients with the right people, process, platform and performance to best help our clients. This expertise allows CBRE to provide our clients with a level of market intelligence and subsequent recommendations for cost savings and portfolio optimization not realized by any other COUNTRIES real estate firm. 100 The collective expertise of CBRE Limited carries with it a pedigree like no other. This Team has the Greater Golden Horseshoe’s most comprehensive book of active and recently closed sales experience in the disposition of land. 530+ OFFICES

Transactions & Advisory Services Fee ADVISORS Services · Industrial 7,450 · Investment · Asset Services · Retail · Valuation & Advisory · Land · Debt & Structured Finance · Hotels EMPLOYEES · Market Research 75,000

Global Corporate Services · Facilities Management · Project Management · Lease Administration · Transaction Management · Consulting TRANSACTIONS MORE THAN MAP 346 ACRES TRANSACTED 211 POWERLINE ROAD, Brantford 1

OVER 8 JENNINGS CREEK PHASE I & II, Lindsay 2 13 DEALS COMPLETED 6480, 6482 & 6484 KINGSTON ROAD, Toronto 3

3431 OLD SCHOOL ROAD, Caledon 4

197, 199, 201 GALLOWAY ROAD 2 5 IN 9 & 4097 LAWRENCE AVENUE EAST, Toronto MUNICIPALITIES 13 3650 DANFORTH AVENUE, Toronto 6 12 9 2 ROYAL AVENUE, Nobleton 7 ACROSS 7 9361 & 9371 HIGHWAY 11, Severn 8 6 REGIONS 5 4 10 3 455 MAGNA DRIVE, Aurora 9 11 6 60 MAIN STREET NORTH, Brampton 10

36 - 40 MAIN STREET NORTH, Brampton 11

2829 MCKINSTRY ROAD, Bradford 12

1 2156 QUEENSVILLE SIDEROAD, East Gwillimbury 13

LAND SPECIALISTS LAND SPECIALISTS 14 LAND SPECIALISTS 211 POWERLINE ROAD BRANTFORD, ON We were hired by the ownership group of 211 Powerline Road to sell this property after years of engagement. Our team provided regular updates to the group on the SIZE: 161.04 ACRES local politics and market leading up to the listing, advising them on the most suitable marketing strategy to meet their collective needs. Critical to the Buyer’s waiver of PRICE: $16,000,000 conditions was a conference call with Jason’s municipal contacts through multiple LAND USE: DESIGNATED GREENFIELD AREA departments of the administration, which provided valuable reassurance regarding timelines and deliverables for the development of the land. The purchase price set a SOLD DATE: NOVEMBER 30, 2020 new record for pricing in the Powerline corridor.

POWERLINE ROAD

RESIDENTIAL 15 2020 LAND TRANSACTIONS SPECIALISTS 16

JENNINGS CREEK, PHASE I & II LINDSAY, ON

SIZE: 18.22 ACRES

PRICE: $3,500,000

LAND USE: RESIDENTIAL

SOLD DATE: NOVEMBER 27, 2020 VICTORIA ST N This property provides a scalable development opportunity for the Town of Lindsay in the northern portion of its urban boundary. It is HIGHWAY 410 surrounded by low rise residential development and environmentally ALCORN DR sensitive lands. The transaction PORT UNION ROAD involved Phases II & III of The Woods of Jennings Creek development, covering +18.22 acres of land and fits with a trend we saw in 2020 of residential demand for ground- oriented product spreading further in to markets outside of the GTA. The development offers a mix of towns, semis and single detached homes backing on to Jennings Creek Park. 1 KENNEDY RD 0 4 Y A W H IG 6480,H 6482 & 6484 KINGSTON ROAD TORONTO, ON HIGHWAY 2A OLD SCHOOL RD SIZE: 1.05 ACRES

PRICE: $2,990,000

LAND USE: NEIGHBOURHOODS

SOLD DATE: OCTOBER 1, 2020 KINGSTON RD Selling for full asking price, this was a complex deal to put together, 3431 OLD SCHOOL ROAD We were pleased to announce the successful transaction of 3431 Old School Road, being executed and completed Caledon in February 2020. This 75 acre property, situated on the southwest corner within Q3 2020. At the time of CALEDON, ON of Kennedy Road and Old School Road, is within the Mayfield West Secondary sale, the property had a draft Plan and has an agricultural land use designation. Logical planning theory would plan residential development for assume that this property will be re-designated to a residential land use designation, ground-oriented product, approved SIZE: 75.01 ACRES however no such re-designation has occurred or been applied for thus far. in principle by the LPAT, on just PRICE: $25,500,000 over an acre of land in Toronto's Our team accurately priced the site, accounting for the premium of such an infrequent speculative opportunity, generating multiple offers within the first two weeks of Scarborough neighbourhood. LAND USE: MAYFIELD WEST SECONDARY PLAN our marketing campaign. This competitive environment that our team was able to SOLD DATE: FEBRUARY 27, 2020 produce allowed our client to realize a sale with very favourable Vendor Take Back terms for full asking price. 17 2020 TRANSACTIONS LAND 4097 LAWRENCE AVENUE EAST & 197, 199, 201 GALLOWAY ROAD SPECIALISTS TORONTO, ON

SIZE: 1.01 ACRES This transaction was for a proposed mid-rise residential building in a gentrifying Scarborough neighbourhood. The development was unapproved, but the site benefitted from good proximity $6,820,000 PRICE: to higher order transit. The site, coupled with our marketing process, generated consistent interest LAND USE: MIXED USE AREAS from purpose built rental groups given the increasing residential rent rates across Scarborough.

SOLD DATE: MARCH 17, 2020

KINGSTON RD

GALLOWAY RD RD GALLOWAY GALLOWAY

LAWRENCE AVE E I.C.I. 19 2020 LAND TRANSACTIONS SPECIALISTS 20

3650 DANFORTH AVENUE 2 ROYAL AVENUE TORONTO, ON NOBLETON, ON

SIZE: 19.08 ACRES This transaction involved a complex legacy asset owned by a Fortune 500 company SIZE: 0.42 ACRES HIGHWAY 27 PRICE: $24,650,000 since the 1940’s. We marketed and sold the property on an as-is, where-is basis with few representations or warranties. Our marketing process produced multiple offers, PRICE: $1,325,000 LAND USE: CORE EMPLOYMENT AREAS being launched, sold and closed during the Covid-19 pandemic. The transaction LAND USE: VILLAGE CORE AREA SOLD DATE: DECEMBER 17, 2020 exceeded initial expectations. Our client required us to deliver an extremely transparent and accountable process. Offering parties included users, developers, SOLD DATE: JULY 30, 2020 institutional operators and investors. This transaction represents one of the highest prices per acre for commercial land in Nobleton. KING RD This infill commercial property was purchased by developers from ROYAL AVE a private ownership group. Our team represented the Seller in this transaction.

9361 & 9371 HIGHWAY 11 SEVERN, ON

SIZE: 0.91 ACRES

PRICE: $549,000

LAND USE: HIGHWAY COMMERCIAL

SOLD DATE: MAY 25, 2020

We were hired by a developer client to sell this highway-fronting commercial development land in Severn, ON. The land was used GRAYSHOTT DR DANFORTH AVE by the Seller as a sales centre for a HIGHWAY 11 nearby development and was listed for less than a month before selling for full asking price. BIRCHMOUNT RD 21 2020 LAND TRANSACTIONS SPECIALISTS 22

455 MAGNA DRIVE 60 MAIN STREET NORTH AURORA, ON BRAMPTON, ON

SIZE: 9.99 ACRES We sold this property on behalf of Stronach Group, which consists of a high SIZE: 0.12 ACRES We represented the City of Brampton to acquire multiple downtown sites including quality industrial building with a strong office component. The offering gave us the this transaction and the transaction on the following page, located at 36-40 Main $30,000,000 PRICE: opportunity to sell a highly marketable asset to a broad scope of potential users and PRICE: $3,500,000 Street North. These transactions involved specific government requirements as well LAND USE: EMPLOYMENT BUSINESS PARK investors. We worked hand in hand with our industrial team to produce an all cash LAND USE: CENTRAL AREA; COMMERCIAL as the wind-down of business operators occupying the properties. transaction at new benchmark pricing. SOLD DATE: FEBRUARY 13, 2020 SOLD DATE: APRIL 14, 2020

MAGNA DR 23 2020 LAND TRANSACTIONS SPECIALISTS 24

36-40 MAIN STREET NORTH 2156 QUEENSVILLE SIDE ROAD BRAMPTON, ON EAST GWILLIMBURY, ON

SIZE: 0.07 ACRES We represented the City of Brampton to acquire multiple downtown sites including SIZE: 49.63 ACRES this transaction and the transaction on the previous page, located at 60 Main Street HIGHWAY 404 PRICE: $2,900,000 North. These transactions involved specific government requirements as well as the PRICE: $4,500,000 LAND USE: CENTRAL AREA; COMMERCIAL wind-down of business operators occupying the properties. LAND USE: PRESTIGE EMPLOYMENT

SOLD DATE: APRIL 9, 2020 SOLD DATE: MARCH 12, 2020

The owner of this site engaged our QUEENSVILLE SIDE RD team to sell it in 2019. Located on Queensville Sideroad E, just east

of Highway 404, this property is WOODBINE AVE subject to Employment land uses in the Official Plan and benefits from Employment zoning. The total land area of this site is 49.63 acres, being split down the middle by a large environmentally protected area. We originally listed the property for $4,500,000, selling it in Q1 2020 for full asking price.

2829 MCKINSTRY ROAD EAST GWILLIMBURY, ON

SIZE: 10.03 ACRES

PRICE: $3,650,000

LAND USE: DESIGNATED EMPLOYMENT LAND

SOLD DATE: FEBRUARY 28, 2020

Representing the Seller in this

transaction, we were able HIGHWAY 400 MCKINSTRY RD to set benchmark pricing for employment land on the east side of the Highway 400 Employment Corridor in Bradford. The east side of the corridor is distinguished by its servicing requirements, with capacity available for connection at Line 5. LAND SPECIALISTS 2020 TRANSACTIONS LAND SPECIALISTS

Ian Hunt* Jason Child* Daniel Satoor* Torey Ferrelli* Allison Conetta Senior Vice President Senior Vice President Sales Representative Sales Representative Sales Representative T + 1 416 495 6268 T + 1 416 495 6249 T +1 416 495 6203 T +1 416 495 6246 T +1 416 495 6287 [email protected] [email protected] [email protected] [email protected] [email protected]

Toronto North Office • 2005 Sheppard Ave E, #800 • Toronto, ON • M2J 5B4

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