Commercial Activity: March 23, 2022
A summary of recent commercial real estate activity in London
Photo: A retail plaza at 390 Springbank Road sold for $9,000,000
568 Second Street
type Industrial building
price $8,500,000
seller Parkit Enterprise Inc.
buyer Commercial building (call centre)
1035 Adelaide Street South
type Commercial / residential property
price $4,800,000
seller 1803299 Ontario Inc.
buyer Vacant industrial land
1355 & 1361 Wilton Grove Road
type Vacant industrial land
price $18,500,000
seller Aarkin Holdings Ltd.
buyer Wilton Grove Holdings Inc.
Conc. 2 Part Lot 12
type Vacant speculative industrial land
price $4,160,000
seller Named individuals
buyer The Corporation of the City of London
31 Craig Street
type Walk-up apartment building
price $3,600,000
seller Craig Street Holdings Inc.
buyer Tradition Commercial Holdings Inc.
15 Towerline Court
type Speculative industrial development land
price $2,401.888
seller Fred Barber Construction Inc.
buyer Industrial building
1005 Adelaide Street South
type Industrial building (portfolio)
price $2,833,900
seller 1803299 Ontario Inc.
buyer Nobel REIT Inc.
980 Green Valley Road
type Industrial building (portfolio)
price $4,424,355
seller 1803299 Ontario Inc.
buyer Nobel REIT Inc.
203 Crumlin Side Road
type Industrial land
price $2,200,000
seller Named individuals
buyer Crumlin Sideroad Holdings Inc.
390 Springbank Road
type Retail plaza
price $9,000,000
seller Doral Holdings Inc.
buyer 390 Springbank London Inc.
499 Queens Avenue
type Multi-family building
price $4,400,000
seller 499 Queens Ave. Inc.
buyer 2406608 Ontario Inc.
Transaction information provided by Mark McManus of Valco Consultants Inc., 519-667-9050 ext. 234, [email protected]