Commercial Activity

A summary of recent commercial real estate activity in London

Photo: A commercial/residential building at 342 Richmond Street sold for $1,240,000

100 Piccadilly Street
type       Industrial/storage building
price      $4,325,000
seller     Access Information Management of Canada ULC
buyer     Next Generation Leasing Inc.

342 Richmond Street
type      Commercial/residential building
price     $1,240,000
seller    Named individuals
buyer    K & X Inc.

500, 506-522 Gordon Avenue
type      Apartment building and townhomes
price     $20,500,000
seller    Homestead Land Holdings Ltd.
buyer    InterRent International Properties Inc.

492 Springbank Drive
type      Apartment building
price     $20,0000
seller    Homestead Land Holdings Ltd.
buyer    CapReit Apartments Inc.

527-531 Gordon Avenue
type      Apartment building and townhouses
price     $13,700,000
seller    Homestead Land Holdings Ltd.
buyer    InterRent International Properties Inc.

681, 695 Exeter Road
type      Vacant commercial land
price     $1,050,000
seller    Patience Realty Holding Corp
buyer    2770059 Ontario Ltd.

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Transaction information provided by Mark McManus of Valco Consultants Inc., 519-667-9050 ext. 234, mmcmanus@valcoconsultants.com.