245,734 ft²IndustrialContactSale
245,734 ft²
Industrial
Sale
Jonathan Yuan
Avison Young - CA - ON - Greater Toronto
Avison Young Capital Markets Group has been retained by BentallGreenOak on behalf of Sun Life Assurance Company of Canada on an exclusive basis to offer for sale a 100% freehold ownership interest in 2495-2501 Stanfield Road, Mississauga (“Property”). This offering represents an opportunity to acquire three institutionally managed industrial buildings totalling 245,735 sf on an 11.7 acre site.
The Space
Available Space245,734 ft²
SourceBuildout
The Building
The offering is located in the South Mississauga industrial market, a highly sought-after last mile location with unrivalled access to major urban centres, <6km to Downtown Mississauga, <18km to Downtown Toronto. This centre-ice location is critical to the success of a diverse and growing tenant base and provides businesses with an abundant labour pool. South Mississauga has an availability rate of 2.1% and vacancy of 0.8%. Demand remains at record level as a result of its proximity to two of the largest and fastest growing urban centres in Canada. Meanwhile, the South Mississauga industrial node is fully built out where new supply is limited to in-fill redevelopment projects. This supply demand imbalance dynamic will be a key driver to strong rental growth for the long term.
Property TypeIndustrial
Building Size245,734 ft²
Lot Size11.00 AC
Up to $500K for Ontario businesses
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