Commercial Activity: July 27, 2022

A summary of recent commercial real estate activity in London

Photo: A recreational/gym building at 900 Jalna Boulevard sold for $3,900,000

845, 865 Commissioners Road
type   Commercial building with surplus land
price   $5,466,560
seller   Darvic Enterprises Ltd.
buyer  1000228273 & 1000228274 Ontario Inc.

1511 Clarke Road
type   Speculative residential development land
price   $16,000,000
seller   Named individual
buyer  Sifton Properties Ltd.

590 Wharncliffe Road South
type   Automotive dealership
price   $6,900,000
seller   Carjack Holdings Inc.
buyer  590 Wharncliffe Road South Ltd.

6313 Decker Drive
type   Agricultural property
price   $1,602,220
seller   1610261 Ontario Inc.
buyer  2467554 Ontario Inc.

552 Clarke Road
type   Multi-tenant industrial building
price   $20,235,608
seller   Clarke Holdings (London) Inc.
buyer  552 Clarke Inc.

733 Exeter Road
type   Single-tenant office building
price   $4,980,000
seller   733 Exeter Holdings Inc.
buyer  Esperanza-Exeter Management Ltd.

1 Cathcart Street
type   Mixed use commercial/residential building
price   $2,032,400
seller   Named individuals
buyer  Ravensworth Inc.

900 Jalna Boulevard
type   Recreational/gym building
price   $3,900,000
seller   Fitness Forum Inc.
buyer  900 Jalna GP Ltd.

1510 Woodcock Street
type   Multi-tenant industrial building
price   $6,000,000
seller   Doman Developments Inc.
buyer  Romkey Capital Corp. 

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