Commercial Activity: November 15, 2023

A summary of recent commercial real estate activity in London

Photo: A former retirement residence at 46 Elmwood Place sold for $3,700,000

46 Elmwood Place
type     Former retirement residence
price   $3,700,000
seller   Veranda Property Investments Inc.
buyer  1000694759 Ontario Inc.

1005 Wilton Grove Road
type     Industrial building
price   $55,794,293
seller   1803299 Ontario Inc.
buyer  Nobel REIT GP Inc.

945 Bluegrass Drive
type     High-density residential land
price   $6,500,000
seller   Gateway Church – London
buyer  Meadow Park (London) Inc.

775 Wonderland Road South
type     Multi-tenant retail plaza
price   $1,975,000
seller   785 Wonderland Road Inc.
buyer  1000614802 Ontario Ltd.

Transaction information provided by Mark McManus of Valco Consultants Inc., 519-667-9050 ext. 234, [email protected]