Commercial Activity

Commercial Activity: February 15, 2023

A summary of recent commercial real estate activity in London

Photo: A light industrial building at 220 Exeter Road sold for $1,100,000

865 Kleinburg Drive
type   Partially improved residential development (vesting order)
price   $36,589,706
seller   Ontario Superior Court of Justice
buyer  1000388064 Ontario Inc.

870, 911 & 985 Kleinburg Drive, 8370 Blackwater Road
type  Partially improved residential development (vesting order)
price   $28,774,873
seller  Ontario Superior Court of Justice
buyer  1000388101 Ontario Inc.

1335 Fanshawe Park Road West
type   Retail building – portfolio
price   $20,200,000
seller   Lowe’s Companies Canada, ULC
buyer  SP Copper Property Buyer Inc.

Commissioners Road East, Meadowlily Road South
type   Residential development land (urban reserve)
price   $20,500,000
seller   Named individuals
buyer  1000296360 Ontario Inc.

220 Exeter Road
type   Light industrial building
price   $1,100,000
seller   Named individuals
buyer  Hillside Grove Ltd.

1460 Wilton Grove Road
type   Light industrial land
price   $1,100,000
seller  SFJ Inc.
buyer  1000321911 Ontario Inc.

40 Durrow Street
type   Light industrial land
price   $900,000
seller   2794963 Ontario Inc.
buyer  Karan Logistics Inc.

30 Durrow Street
type   Light industrial land
price   $900,000
seller   2794395 Ontario Corp.
buyer  Karan Logistics Inc.


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

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