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.
The Ninety Condominium, located at 90 Broadview Avenue in Toronto, was selected as a FINALIST for the 2013 Global Awards for Excellence from the Urban Land Institute (ULI).
The Ninety was the only Canadian finalist selected from submissions made around the globe.
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.
Carttera’s UIF3 has completed the purchase of 8875 Torbram Road in Brampton, Ontario. Demolition of the existing building has begun, and a new speculative, LEED Gold, 900,000 sf distribution centre will be ready for occupancy in December 2014.
Carttera ‘s UIF2 is pleased to announce the sale of 7100 West Credit Avenue in Mississauga to Standard Life Assurance Company of Canada. This LEED Gold, 96,171 sf speculative office building was fully leased to WorleyParsons in December 2013.The total sale price was $33,900,000.
Awarded: Office Development of the Year
7100 West Credit Avenue, Mississauga, is a 5-storey, 95,000 square foot, LEED Gold office building. 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.
Carttera’s, 1919 Minnesota Court in Mississauga, has been selected as a FINALIST for NAIOP’s REX Awards, Office Development of the Year. 1919 Minnesota Court is a new landmark office building located within the heart of Mississauga’s Meadowvale Business Centre. Completed in 2012, this LEED Silver brownfield redevelopment project is comprised of 125,000 square feet of contemporary office space on a six-acre site. The development is 100% leased to DuPont Canada and Maxxam Analytics head offices.