Commercial Activity: January 8, 2025

A summary of recent commercial real estate activity in London

Photo: An industrial building at 439 Sovereign Road sold for $16,800,000

775 Southdale Road East
type     Multi-tenant retail plaza
price   $5,600,000
seller   Al Faez Real Estate Corp.
buyer  1000960018 Ontario Inc.

4226 Raney Crescent
type     Industrial building
price   $3,500,000
seller   2266779 Ontario Ltd.
buyer  2450827 Ontario Inc.

439 Sovereign Road
type     Industrial building
price   $16,800,000
seller   H. Wolynetz Investments Ltd.
buyer  1001070095 Ontario Inc.

Knott Drive, Stewart Avenue, Roy McDonald Drive
type     Institutional land
price   $10,475,000
seller   Sifton Properties Ltd.
buyer  Thames Valley District School Board

11 & 23 McClary Avenue
type     Apartment complex
price   $6,175,000
seller   McClary District Inc.
buyer  11 – 23 McClary Inc.

320 Ferndale Avenue
type     Neighbourhood retail plaza
price   $1,785,000
seller   Primavera Investments Ltd.
buyer  Med-Ar6 Inc.

575 Richmond Street
type     Commercial/residential building
price   $3,500,000
seller   2481675 Ontario Inc.
buyer  D2440339 Ontario Ltd.