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.

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