London Inc. Weekly 01 • 26 • 2018

A new craft distillery and nano brewery join the growing ranks of
London beverage producers

A NEW CRAFT distillery is getting set to open its doors in Old East Village, and a new nano brewery has joined the ranks of the city’s swelling craft brewing scene.

Union Ten Distilling Co., located at 656 Dundas Street, is getting set to open its doors to the public. The distillery, founded by Bellemere Winery owner Brandon Phoenix, will produce whisky, rye, rum and vodka. In addition to retail sales, the distillery will be licensed for serving and feature a patio.

In Hyde Park, Curley Brewing Company recently opened at 1700 Hyde Park Road. The business, co-owned by Nigel Curley and Kelsey Watkinson, features a vegan café serving light lunches, kombucha, coffee and baked goods, and offers four small-batch beers on tap that are available to take home in 500-ml bottles.

According to Curley, additional steps taken in the brewing set up and process ensure vegan and vegetarians won’t have concerns about beer containing lactose or honey.

Precision agriculture the focus of upcoming trade show

NEXT WEEK, LONDON will host the Farms.com Precision Agriculture Conference & Ag Tech Showcase, January 30 and 31 at the Best Western Lamplighter Inn.

One of the of the leading precision agriculture conferences in North America for the past five years, the conference is designed for agricultural professional just entering into precision agriculture, as well as for those who have a solid understanding of the basics and want to further the incorporation of technology, tools and knowledge into their farming operations.

Precision agriculture, also known as precision ag or precision farming, encompasses everything that makes the practice of farming more accurate and controlled when it comes to the growing of crops and raising livestock. A key component of this farm management approach is the use of information technology and a wide array of items such as GPS guidance, control systems, sensors, robotics, drones, autonomous vehicles, variable rate technology, GPS-based soil sampling, automated hardware, telematics and software.

The conference includes a tradeshow, networking opportunities, workshops and speaker presentations designed for agri-businesses, farm retailers and famers interested in learning how precision agriculture can boost productivity and yield. For more information, visit www.farms.com/precision-agriculture/conference-2018.

Terry Gillis appointed Career Partners International board vice-chair

CAREER PARTNERS INTERNATIONAL (CPI), a leading global provider of outplacement, career management, executive coaching and leadership development services, has elected Terry Gillis as board vice-chair for the 2018-2019 term. Based in Columbus, Ohio, CPI provides services from more than 300 offices in over 45 countries.

Gillis, who is president and managing partner of London-based Carswell Partners, is also a member of the part-time faculty at Wilfrid Laurier’s Lazaridis School of Business in Waterloo, where he teaches human resources to MBA and undergraduate students. In addition, he is a member of the board of directors of Youth Opportunities Unlimited, and is actively involved in CPI as chair of the Partner Recruitment & Accountability Committee.

“Terry Gillis is an integral part of the board of directors and Career Partners International,” says Doug Matthews, CPI president and CEO. “He is fully committed to ensuring that Career Partners International protects its reputation as the highest quality service provider for the clients and participants we serve.”

Last September, Gillis organized the first DisruptHR London, an annual event of short focused talks from human resources professionals who want to share their ideas on how to move talent thinking forward.

Finalists announced for the 36th annual Business Achievement Awards

THE LONDON CHAMBER of Commerce has announced the finalists for the 2018 London Business Achievement Awards, which will be held on Wednesday, March 21, 2018.

The crowning event of the city’s bustling business calendar, the BAAs draw well over 1,000 business and community leaders, and the event has grown to become the largest of its kind in Canada.

Small Business of the Year Finalists

Anderson Craft Ales
Bentley Hearing Services
Carswell Partners
Exodus Escape Rooms

Medium Business of the Year Finalists

C & V Income Tax Services
Globally Local
Wastell Homes
WinAir (AV BASE Systems)

Large Business of the Year Finalists

Digital Echidna
Northern Commerce

Agribusiness Finalists

Bonduelle
Gray Ridge Egg Farms (L.H. Gray & Son Ltd.)

Beyond Borders Award Finalists

Armatec Survivability
Big Blue Bubble Inc.

Corporate Social Responsibility Finalists

KPMG LLP
rTraction

Environmental Leadership Finalists

3M Canada
London City Centre

Excellence in Human Resources Finalists

Arcane Digital
Diebold Nixdorf

Innovation Award Finalists

Canadian Centre for Product Validation
Predator Bird Services

Corporate Icon Award Recipient

Jones Packaging

Voelkel opens its first Canadian furniture outlet in London

VOELKEL, KNOWN AS Vox in its home market of Poland and everywhere else except North America, has opened its first store in Canada in a commercial plaza at the corner of Fanshawe Park Road West and Hyde Park Road.

The franchise unit is a new addition for Brad and Claire Jack, who also operate Accents Home Furniture in the same plaza.

The 3,000-square-foot store features a wide range of furnishings, plus accessories and upholstery. Known for its design focus and emphasis on function and space-saving features, the furniture is sold Ikea-style, in flat-pack designs that consumers assemble themselves.

Voelkel Corporation LLC, owned by Vox Industries SCSp, is the exclusive distributor of the VOX brand in the United States and Canada. Vox has about 120 stores and more than 350 store-within-a-store departments in Europe and a growing presence in the U.S.. The company has plans to add addition outlets in Montreal and other Canadian cities in the coming months.

A roundup of recent commercial real estate transactions

A SUMMARY OF recent commercial real estate transactions in London includes Westmount Shopping Centre, sold to Toronto-based KingSett Capital for $31.5 million (sold by Vancouver-based PenRetail Management Ltd.).

Founded in 2002, KingSett is Canada’s leading national private equity real estate investment firm and has raised $7 billion of equity for its growth, income, urban and mortgage strategies. The firm currently owns interests in $13 billion worth of assets across a range of investment vehicles and classes.

775, 785 Wonderland Road South
type       Westmount Shopping Centre and additional buildings
price      $31,500,000
seller     PenRetail Management Ltd.
buyer    KingSett Capital

1415 Beaverbrook Avenue
type       Single-tenant retail building
price      $11,200,000
seller     Wonderland Commercial Centre Inc.
buyer    Manulife Ontario Property Portfolio Inc.

89 Ridout Street South
type       Apartment building
price      $10,350,000
seller     89 Ridout South Ltd.
buyer    10407348 Canada Inc.

295-321 Westminster Avenue
type       Walk-up apartment buildings
price      $8,500,034
seller     Milton Harris Investments Ltd.
buyer    Killam Properties SGP Ltd.

717 Richmond Street
type       Commercial/residential building
price      $4,372,000
seller     717 Richmond Holdings ULC
buyer    Farhi Holdings Corp.

1930, 1940 Oxford Street East
type       Office building and vacant land
price      $3,650,000
seller     ICORR Asset Management Inc.
buyer    Oxford Seven Inc.

6151 Colonel Talbot Road
type       Industrial building and surplus lands
price      $2,275,000
seller     Future Gen Inc.
buyer    Titan Holdings Inc.

604-606 Cheapside Street
type       Walk-up apartment building
price      $2,515,000
seller     Double D Investments 2 Inc.
buyer    CS Place Inc.

1283 Commissioners Road West
type       Multi-tenant retail plaza
price      $2,200,000
seller     ICORR Asset Management Inc.
buyer    Byron Plaza Inc.

1503 Hyde Park Road
type       Vacant commercial land
price      $1,700,000
seller     2382333 Ontario Inc.
buyer    2640310 Ontario Ltd.

1761 Oxford Street
type       Light industrial plaza
price      $1,700,000
seller     990555 Ontario Ltd.
buyer    2596074 Ontario Inc.

1885 Blue Heron Drive
type       Multi-tenant light industrial plaza
price      $1,525,000
seller     Doman Developments Inc.
buyer    Named individuals

3330 Dingman Drive
type       Office building
price      $1,400,000
seller     CRL Holdings Inc.
buyer    Occupational Safety Group Inc.

119 Exeter Road
type       Multi-tenant industrial building
price      $1,350,000
seller     Martomian Holdings Ltd.
buyer    Named individuals

30 Jim Ashton Street
type       Commercial building
price      $785,000
seller     Named individuals
buyer    2091533 Ontario Ltd.

11 Balfour Place
type       Residential six-plex
price      $640,000
seller     Named individuals
buyer    Ace Prime Holdings Inc.

Sold transaction information provided by Mark McManus of Valco Consultants Inc., 519-667-9050 ext. 234, [email protected].

Business Events Calendar

Featured Event:

FEX Family Business Celebration: February 27, 2018

Presented in partnership with the Business Families Centre at Ivey Business School, the FEX Family Business Celebration features the Family Enterprise of the Year Award and keynote address by Linda Hasenfratz, CEO of Linamar Corporation.

Upcoming Events:

Western’s Food & Beverage Career Night: January 29, 2018

Essential Finance Skills for Non-Financial Professionals: January 30, 2018

Future by Design London: January 30, 2018

Legal Hackers London January Meeting: January 30, 2018

SchMusic London: Febraruy 5, 2018

Designers + Drinks + Discussions London: February 6, 2018

Fundraising Fundamentals 2018: February 6, 2018

The Internet of Things: February 6, 2018

12^th Annual Breakfast for YOU: February 8, 2018

Casual Cocktails & Networking with WCT London: February 8, 2016

U.S. Tax Reforms and its Impact on Your Business: February 8, 2018