“The Seller and Buyer were both cooperative and excited to put this win-win deal together that met each party’s objectives under a tight timeline – more satisfied clients!” David Colley, senior vice president
Colliers International (“Colliers”) is pleased to announce it has represented Savant Technologies Canada Company, the seller, and Molinaro Management Ltd., the buyer, in the purchase of 1290 South Service Road West in Oakville, Ontario for $18,500,000.
“Colliers’ network of international offices proved integral in servicing our client with expediency couple with best-in-class service,” stated Rob Stockhausen, managing director.
Stockhausen along with Grant Bates, vice president, of the Charlottesville team worked in conjunction with David Colley, SIOR, of Colliers’ Toronto Industrial team assisting both the seller and buyer in this large and exciting transaction. The property will see substantial capital re-investment to accommodate the user’s food (pizza kit) manufacturing business which sell and distribute across Canada and the US.
The property consists of 124,840 square feet of industrial space and is situated on 16.81 acres. It offers ample room for building expansion and outdoor storage capabilities.
For further information please contact:
Jullieanne Cueto | Communications Specialist, Richmond
+1 804 906 1970 | firstname.lastname@example.org