RBC Capital Markets Real Estate Group

RBC Capital Markets Real Estate Group Inc. acted as exclusive advisors to Kruger in the successful acquisition and financing of a 50% interest in 1240-1250 Dagenais Boulevard West. This property, totalling ~450,000 sf, is a key component in Kruger Product’s Quebec supply chain and its strategic location allows for exceptional accessibility. Congratulations to our client, Kruger Inc., for this successful transaction. For more information, please contact James Palladino or Vincent Picard-Dufresne, CPA

RBC Capital Markets Real Estate Group is pleased to announce the sale of 2211 West 4th Avenue, a Whole Foods anchored, urban high-street property located in Vancouver’s Kitsilano neighbourhood. The property is home to several notable tenants including Terrex, Kit and Ace, and Arc’teryx. It was a pleasure to work with Marcus & Millichap on this transaction.   For further information please reach out to Mario Negris, Martin Moriarty, or Nurit Altman.

RBC Capital Markets Real Estate Group Inc. has been retained on an exclusive basis to sell a 100% freehold interest in Labo, a 126-unit multi-residential property and an adjacent, 48,588 sf, parcel of land located at 3555 Saint-Antoine Street West and 350 Selby Street respectively, in Westmount, Québec. This offering provides prospective purchasers with an exceptional opportunity to acquire a brand-new, state-of-the-art multi-residential property comprised of 126 apartment units along with an adjacent parcel of land fully-zoned to carry out the development of an additional 140 apartments units totaling approximately 140,000 sf of gross buildable area. Below is a link to the Investment Summary: https://lnkd.in/gNsX8H83 For more information, please contact James Palladino, Nurit Altman, Marc Hetu, or Allan Eliskof, CFA, MBA, Eng.

RBC Capital Markets Realty Inc. and CBRE Limited (collectively the “Advisors”) are pleased to have acted as exclusive advisors to CanFirst Capital Management, in the successful 100% interest sale of 71-91 Kelfield Street, Etobicoke, Ontario, 400 Cochrane Drive, Markham, Ontario, 1180 Corporate Drive, Burlington, Ontario and 400 Jamieson Parkway, Cambridge, Ontario, a portfolio of warehouse and distribution facilities located in the GTA and Cambridge. For more information, please contact David Tweedie, Tim Pacaud, Scott Mackenzie, Colm Kenny, CFA, Jordan Lunan or Theo Christakis.

RBC Capital Markets Realty Inc. is pleased to offer for sale 41 Dundonald Street, Toronto, ON, a 101 unit multifamily property that has benefit from institutional management, significant recent capital investment, with additional value add opportunities and in-place rents 48% below market. 41 Dundonald occupies a premier, transit-oriented location, just steps from TTC transit and in close proximity to ample demand drivers and surrounding amenities. For more information, please contact Nurit Altman or Colm Kenny, CFA.

RBC Capital Markets Realty Inc. (the “Advisor”) has been retained on an exclusive basis to arrange the sale of a 100% interest in 261 Abbotside Way, a premier medium-bay new logistics facility located in the Caledon, Ontario (the “Property”). 261 Abbotside Way comprises 138,617 sf of newly built warehouse and distribution space featuring 36’ clear heights and exceptional shipping/receiving capabilities. LEED Certified and developed to the latest state-of-the-art specifications in 2023, the Property is strategically located on a 7.9-acre site at the border of Caledon and Brampton with convenient access to nearby 400-series highways. The Property is 100% occupied and has a WALT of 4.2 years with meaningful contractual rent escalations, providing investors with strong income growth and stable cash flows. Below is a link to the Investment Summary: https://lnkd.in/gp5chUFQ For more information, please contact David Tweedie, Keith Chan, Colm Kenny, CFA, or Theo Christakis.

On behalf of our clients, RBC Capital Markets Realty Inc. and JLL Capital Markets (collectively the “Advisors”) are pleased to present 2 QUEEN STREET EAST, a trophy office tower comprising over 477,000 square feet of Class ‘A’, premier quality office space situated at the northeast corner of Yonge and Queen Streets in Downtown Toronto (the “Property”). Constructed in 2003 and spanning a full city block at one of Toronto’s busiest pedestrian intersections, this 20-storey landmark has attained LEED Gold, BOMA 360 and WELL Health-Safety designations, providing an enhanced working environment for the Property’s exceptional quality tenancies. The Property enjoys access to Toronto’s underground PATH network, linking more than 50 office towers and 1,200 retail shops, while providing direct connectivity to Queen Subway Station and several prominent retail destinations, including the nearby CF Toronto Eaton Centre. The Property is over 99% leased to a diverse tenant roster that includes Bechtel Canada, CI Investments and Blaney McMurtry LLP, providing a highly secure income profile with opportunity for a new owner to capture meaningful rental upside in the near-term.   Below is a link to the Investment Summary: https://lnkd.in/gU4J6jMv Please contact a member of the Advisory team to obtain more information regarding the opportunity. David Tweedie, Nurit Altman, Pat Luca, Keith Chan Matt Picken, Bryce Gibson, Vienna Loo, CPA, CMA, or Jared Cowley #rbccapitalmarkets #jllcapitalmarkets

***Bid Date Announcement*** RBC Capital Markets Realty Inc. and Scotia Real Estate Inc. are pleased to advise that the date for submissions of expressions of interest for 1575 South Gateway Road, Mississauga, Ontario is by no later than 4:00 PM (EDT) on Wednesday, May 8th, 2024. Strategically located in the Dixie / Eglinton Industrial Area, 1575 South Gateway offers unparalleled highway access and connectivity across the GTA. The Property is an institutional quality distribution centre featuring 24-foot clear heights, 18 truck-level doors and 4 drive-in doors, providing tenants with highly functional warehousing space to accommodate a variety of commercial operations. 1575 South Gateway is 100% leased to two industrial tenants and features a WALT of 3.2 years, offering an investor a reliable income profile with contractual growth. For more information, please contact David Tweedie, Peter Zorbas, Keith Chan, Colm Kenny, CFA, Kevin Graham, Jing Qi Zhou or Zachary Mandel.

Institutional quality multi-residential complex located in North York, totaling 160 suites including a mix of rental replacement, affordable and market rate units. For more information, please contact Nurit Altman or Colm Kenny, CFA

***Bid Date Announcement*** RBC Capital Markets Realty Inc. is pleased to advise that the date for submissions of expressions of interest for 10 North Queen Street, Etobicoke, Ontario is by no later than 4:00 PM (EDT) on Wednesday, May 1st, 2024. 10 North Queen Street comprises of 147,296 sf of last-mile warehouse and flex commercial space across a 6.05-acre site. The Property is centrally located in the Etobicoke-Lakeshore node, featuring convenient highway access and exceptional urban connectivity. The Property is 93% leased with an overall WALT of 5.7 years, providing a secure income profile with contractually embedded rental escalations. For more information, please contact David Tweedie, Keith Chan or Theo Christakis.