Carttera’s UIF3 acquired an equity partnership in Arbora Condos, a two phase residential development located in Montreal, Quebec. Once completed, Arbora will consist of three buildings comprising 368,345 sf residential and 31,969 sf commercial/residential.

Carttera’s, 8875 Torbram Road, Brampton, has been selected as a FINALIST for the NAIOP’s REX Awards, Industrial Development of the Year and Industrial Lease of the Year. 8875 Torbram Road is a new ‘best in class’ 895,000 sf distribution centre located within the heart of Bramalea Business Park. The NAIOP REX Awards is a recognition program established to celebrate the achievements of the office, industrial, retail and mixed-use real estate industry in Toronto and the surrounding region. The focus of the awards program is on results (quality and performance), skills (teamwork, collaboration , innovation and creativity) and values (community and environmental awareness).

Carttera is pleased to announce the sale of 350 Hazelhurst Road in Mississauga. Shortly after Carttera acquired the site in the Fall of 2014, a new 220,000 sf single tenant lease deal was completed with the Ford Motor Company. Prior to closing, the building underwent approximately $3.7 million of upgrades.

Carttera is pleased to announce the sale of Joshua Creek Corporate Centre Phase One on December 16th, 2014. JCCC Phase One, over 90% leased, is comprised of three single-storey flex office buildings totalling over 120,000 sf. Now leasing, Joshua Creek Corporate Centre Phase Two, currently under construction and ready for occupancy Q2 2015.

Carttera, together with its partner Lindvest Properties, recently acquired 1185 Eglinton Avenue East and 18 Ferrand Drive, a 2.88-acre residential development site located at Eglinton Avenue East and Don Mills Road.

Carttera is pleased to announce the sale of their 50% interest in Galaxy Airport Corporate Centre on October 31st, 2014.This site is a two-phase development site consisting of an 96% leased 83,000 sf flex office building in phase one and a 5.2 acre land parcel in phase 2.

Carttera recently acquired 134 Kennedy Road South, a 15.5-acre site with the ability to develop up to 325,000 square feet (property is zoned Industrial M2).Located on the east side of Kennedy Road just south of Queen Street in Brampton, this property boasts excellent access to both Highways 407 & 410 and includes available rail service.

Carttera’s 7100 West Credit, Mississauga, was recognized at NAIOP’s 13th Annual Real Estate Excellence Awards as the “Office Development of the Year”. 7100 West Credit, is a 5-storey, 95,000 square foot, LEED Gold office building located in the heart of the Meadowvale market. The building boasts exceptional locational characteristics including prominent highway exposure, and a single “AAA” quality tenant (WorleyParsons). This win marks the second consecutive year Carttera has won this impressive award, making Carttera the first-ever developer to win two years in a row.