Date: August 16, 2018
Transaction Type: Lease
Property Type: Industrial
Size: 1,150,000 SF
Price: $132,043,211 CAD
Amazon was seeking a footprint of approximately 1 million square feet within the Greater Toronto Area but were faced with an extremely constrained land supply that would meet their demands for a building completion in summer 2019.
Colliers International, on behalf of Blackwood Partners and the Alberta Investment Management Corporation, presented a location close to the City of Toronto, as well as a construction strategy to ensure Amazon’s desired timeline was met. The Mayor of the Town of Celdon was directly involved in helping to facilitate the project's aggressive timeline
Colin Alves, SIOR
Gordon Cook, SIOR