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Colliers Represents Savant Technologies & Molinaro Management in Sale / Purchase of 124,000 Square Foot Ontario Industrial Property

“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 | jullieanne.cueto@colliers.com

 


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Robert Stockhausen

Managing Director

Charlottesville

With extensive experience in the commercial real estate industry, Rob Stockhausen is among the most knowledgeable brokers in the Central Virginia marketplace. His market expertise and approachable personality continually attracts top clients, expanding his networking base.

Rob specializes in the sale and leasing of industrial/investment properties, as well as commercial land sales in the Central/Western and Southern Virginia marketplace.

As managing director of the Charlottesville office for more than twelve years, he has developed a team of bright professionals and leads them to success each year. Under his leadership, the firm dominates the local commercial real estate market.

Prior to becoming managing director and supervising broker of the Charlottesville office in July of 2006, he worked for Real Estate III Commercial Properties, Inc. At that time, he spearheaded the development of Zion Crossroads Industrial Park. Rob’s career began in 1991 at Bullock, Terrell and Manelley (BTM) in Atlanta, Georgia, where he handled commercial leasing from both a tenant and landlord perspective. He has worked within commercial brokerage and/or private investments ever since.

 

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Grant Bates

Vice President

Charlottesville

I  joined the Charlottesville office in 2018 as a Vice President. I was born in Central Virginia and raised in Albemarle County. Being raised in Central Virginia gives me an extensive knowledge of the real estate market here and allows me to find the perfect location for my clients.

My diverse assignments include manufacturing facilities, mixed office and industrial flex properties, build-to-suit projects, and the full range of warehouse and distribution requirements. I have also represented clients with out-of-market distribution / logistics ventures and have a solid understanding of multi-faceted elements required. I approach each assignment with diligence and a bottom-line mindset – determined to optimize the value of clients’ real estate transactions.

My territory  stretches along the Interstate 81 corridor, covering Central Virginia , The Shenandoah Valley and Southwest Virginia. My large territory allows me to have a regional understanding of the current state of the industrial real estate market.

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