The holy grail of commercial real estate these days is a small, freestanding, industrial building in the heart of Mississauga. Nobody is building these anymore and they remain one of the most functional and critical assets for many medium sized businesses. They also don’t become available for sale very often and when they do there is a massive amount of interest and competition among buyers. That’s what makes this transaction so rewarding.
I’m thrilled to announce the sale of 5585 Timberlea Blvd in Mississauga, in which I represented the buyer. We were able to swoop in on this one quickly and efficiently to get a deal done, and at a price that is very reasonable given the market for these kinds of properties. This property should continue to appreciate in value for my client for many years, and in the meantime will act as an important hub for his business.
Transaction Details
- Address: 5585 Timberlea Blvd, Mississauga
- Size: 10,239 SF
- Zoning: E2-19
- Clear Height: 16’ 8”
- Shipping: 2 truck-level, 1 drive-in
- Price: Deal completed at $4,975,000
For a conversation about your own property requirements, contact Joe Rosati.