toll free 1-855-542-2725

Case Study

,

Features
Property Type:
The Challenge

The premier office complex in Pickering, this property consisted of two side-by-side office towers in a high-visibility location fronting onto Highway 401 at the gateway to the GTA. Cushman & Wakefield Kingston was tasked with disposing of this asset as a part of the disassembling of a larger portfolio.

The Solution

Prior to marketing the property for Sale, Cushman & Wakefield Kingston, as leasing brokers for the complex, focused their efforts on renewing or extending existing tenancies and infilling vacant spaces in the buildings, in order to maximize its marketability and value.

Cushman & Wakefield Kingston prepared professional marketing materials and a comprehensive CIM package. Leveraging its database of office investment buyers, the property was widely marketed to qualified purchasers and brokers through direct distribution as well as advertisements in the Globe and Mail newspaper.

The Result

The property was successfully sold to the first buyer under contract. This was facilitated by Cushman & Wakefield Kingston’s attention to detail and value-added services during the buyer’s due diligence period.