Hero Hero

Search Articles

SIOR Report magazine articles (2019 to current issue) can now be filtered by issue, topic, or department using the drop-downs below.

High Tech Sites Needed

Mar 18, 2022, 11:25 AM
Subtitle : Québec City
Member i ds : 22478, 65240
Select a Type. : Article
SIOR members close big deals in a big way. Select transaction case studies are featured in the SIOR Report so readers can learn both about and from the expertise of our members.

DoreBorron Transaction

TRANSACTION TYPE & DETAILS

Date: November 16, 2021

Transaction Type: Sale

Property Type: Industrial Land

Size: 6,000,000 sq. ft.

Sale Price: $20,000,000 CAD

Since receiving the SIOR designation, Doré and his team regularly receive referral requests from brokers of different banners both in Canada and the United States. When Borron's team obtained a request to develop high tech sites in the Quebec City region, the association was quickly made.


Client Objective
  • Identify potential sites of more than 20 acres;
  • Ensure the availability of sufficient electrical power and optical fiber;
  • And ensure that municipal zoning corresponds to future uses.

Transaction Profile
  • This golf course corresponded in all aspects to the objectives.
  • The city of Lévis was already planning high-tech use and quickly provided its support.
  • Environmental and geotechnical studies had to be done while the golf course was still in operation.

Solution
  • By having a deep understanding of the needs of the customer and of the targeted territory, Cushman & Wakefield ULC and Roger Doré & Associates Inc. were able to find a deal that satisfied both parties.
  • Weekly Microsoft Teams meetings resolved any issues as they were brought to our attention.



PARTICIPANTS & INFORMATION PROVIDED BY

Roger Doré, SIOR

Randy Borron, SIOR

Categories :
  • Behind the Deal
  • SIOR Report
Behind the Deal
Related authors
Related Articles