450 Iroquois Shore Road, Oakville ON

Developed and operated a self-storage facility before disposing to an institutional owner.

Type


Industrial

Project Length


5.3 years

Land Area


0.50 acres

Acquired


February 2016

Building Area


120,000 SF

Completion


April 2021

Project Size


$25M

Project Status


Completed

About the project

  • Acquired 0.50 acres of prime off-market vacant land located in Oakville Ontario, right off the 401 HWY.
  • Designed and developed in partnership with a self-storage operator a 120,000 SF self-storage facility.
  • Successfully sold the facility approximately 25% occupied to SmartStop for $25M in early 2021.