On behalf of our client, Great Bridge Canada Inc., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for a sale a 100% freehold interest in 1380 Rodick Road, Markham, Ontario (the “Property”).
This high quality offering consists of a four-storey mixed use office and industrial complex, comprising 179,734 square feet with approximately 35,190 square feet of industrial space.
The Property has a current occupancy rate of 66% and a Weighted Average Lease Term (WALT) of approximately 4.8 years, allowing stability and upward increases in net rental rates upon renewal. Leased to high quality tenants including AbbVie Corporation, Engage People, Standard BioTools, and VGH Solutions, owner occupiers or investors can acquire a prestigious Markham asset with strong long-term return growth.