Land Services Group - 2020 Transaction Brochure

COMPLETEDTRANSACTIONS T H E L A N D S E R V I C E S G R O U P

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TABLE OF CONTENTS

01

03

02

ABOUT CBRE & THE TEAM

GREATER TORONTO AREA TRANSACTIONS

NATIONAL TRANSACTIONS

About CBRE

05

Residential Land Transactions

30

Residential Land Transactions

14

About the Land Services Group

06

Industrial Transactions

32

ICI Land Transactions

24

Meet the Partners

08

Investment Transactions

26

A Year in Review

10

OUR STRENGTHS, YOUR ADVANTAGES CBRE is the world’s largest commercial real estate services firm, offering comprehensive advisory, transaction and management services for owners, occupiers and investors of commercial property throughout the real estate life cycle. We power the real estate of companies whose business performance depends on innovative workplace strategies, connected footprints and efficient operations by aligning business strategy with intelligent, streamlined and optimized real estate solutions. We leverage the industry’s most robust platform to execute customized real estate strategies, including smarter site selection, superior workplace strategies, and portfolio optimization, no matter your size or scope. We deliver real estate outcomes and drive better bottom-line performance.

# 110 “Best Employers for Diversity” list

# 146 2019 Fortune 500 Ranking

The Best of the Global Outsourcing (12 Consecutive Years)

Word’s Most Ethical Company (6 Consecutive Years)

100+ COUNTRIES 530+ OFFICES

$381B TOTAL TRANSACTION VALUE

7,450 ADVISORS 75,000+ EMPLOYEES

87,750 TOTAL TRANSACTION COUNT

All statistics based on CBRE Global 2019 sales information.

5

THE LAND SERVICES GROUP BY THE NUMBERS

ABOUT THE LAND SERVICES GROUP

6 DISTRESSED SALES

17 TRANSACTIONS

78 Acres OF LAND SOLD

$450M TOTAL DOLLAR VOLUME

2020

These team statistics reflect land transactions in the Greater Toronto Area and Greater Golden Horseshoe Area between January 1 st 2020 and December 31 st 2020.

The Land Services Group is comprised of CBRE Canada’s senior sales professionals and dedicated support staff who focus exclusively on the disposition and acquisition of development land across the Greater Toronto Area (GTA), Greater Golden Horseshoe (GGH) and nationally, in collaboration with local CBRE offices coast-to-coast. Our goal is always to obtain the highest value for our client’s assets. Since 1993, the Land Services Group has accumulated a comprehensive network of qualified purchasers in the industry. Through our extensive experience, we provide tailored marketing strategies to ensure that we obtain the best possible deal and structure to fit our client’s needs. We consistently demonstrate our credibility, transparency and unmatched market share of completed land transactions, especially for potentially high-profile and/or non-traditional sales, including distressed sales that require an additional level of expertise. The Land Services Group brings an unmatched depth of experience executing transactions at variousstagesofapproval, coupledwithanintimateunderstanding of local politics, economics and land use policies. Our marketing process is the result of experience handling land transactions that require maximum market exposure, reliable reporting and deal certainty. Supported by diligent planners, marketers and administrators, our team will curate the best strategy to achieve the highest return for your property. We pride ourselves on our ability to provide clients with leading edge commercial real estate marketing that is created with ingenuity.

6

MEET THE PARTNERS

Senior Vice President LaurenWhite*

Lauren White, Senior Vice President, has focused on land transactions since beginning her real estate career in 2006 with the Land Services Group. Lauren specializes in infill redevelopment sites in the GTA, specifically the 416 region. She consults and provides developers, land owners, users and investors with the comprehensive ability to evaluate the highest and best use of a particular land parcel throughout the GTA as well as assisting in the disposition of all types. While offering extensive knowledge of local market conditions, competitive land parcels, and the regulatory environment, she also assists her clients in forming a strategy for maximizing the value of their real estate holdings. Lauren prides herself in creating long- term partnerships with clients and CBRE business partners, referring and promoting business to both. She secures respective requirements by providing timely and accurate data regarding trends, directions in the local market, and marketing. In 2020, Lauren ranked fourth in the CBRE Toronto North Office for top sales representatives and ranked twentieth in the GTA for CBRE. Executive Vice President Mike Czestochowski is recognized as a leading specialist in the disposition of development land within the GTA and GGH. He is the founding member and Executive Vice President of CBRE’s Land Services Group and began his real estate career in 1984. He is an industry leader with substantial experience in advisory and transaction services with unsurpassed market knowledge, strong client focus and commitment to integrity. Mike has been consistently ranked as one of the Top 10 Sales Professionals for CBRE’s Toronto North Office since 1995. In 2020, Mike ranked first in the CBRE Toronto North Office for top sales representatives and ranked thirteenth in the GTA for CBRE. Mike Czestochowski** Mike has consistently been involved with many high profile transactions, including government mandates and clients frompublicly traded and Fortune 500 companies. Mike volunteers as the Chair of the Fundraising Committee and is the Director of the Foundation Board for the Markham Stouffville Hospital.

*Sales Representative **Broker

9

“ AYEAR

IN REVIEW CBRE’s Land Services Group started 2020 with optimism for the GTA development market with an eagerness to provide our clients with even better marketing services and strong market outcomes. It turned into an unexpected year for the real estate market due to the effects of the COVID-19 pandemic. This year we realized the importance of teamwork cannot be underestimated. Having the right team players is essential to the success of a team, but it cannot be done without the resources CBRE offers as the best global real estate platform. We are grateful for the strength of CBRE’s national leadership when it came to COVID-19 safety guidelines for conducting property tours, returning to the office and helping to steer our clients through these new waters. Without management support and the entire CBRE family along with continued loyalty fromour clients, this year without a doubt would have been daunting. With determination, persistence and focusing on meeting our client’s needs first, our team was able to overcome the challenges of the pandemic which resulted in an extraordinarily strong year. On behalf of the Land Services Group, we want to give sincere thanks to our clients for continuing to trust our expertise and allowing us to represent them to the fullest extent of our capabilities. We truly hope everyone stays healthy and safe into 2021.

- Mike Czestochowski & Lauren White

10

GTA: TRANSACTION MAP

7

4

11

9

3

Residential Land

6

1

8

12

2266 Lakeshore Road West & 83 East Street, Oakville

5

10

2 3 4 5 6

325 Burnhamthorpe Road West, Mississauga

2

13

3450 Dufferin Street, Toronto

4926 Bathurst Street, Toronto

185 Balliol Street, Toronto

1

175 Wynford Drive, Toronto

201 King Road, Richmond Hill

7 8 9 10

411 Victoria Park Avenue, Toronto

5072 14th Avenue, Markham

2499 Nash Road, 2538 & 2494 Regional Rd 57, Bowmanville

ICI Land

11

Highway 412 and Dundas Street West (Parcel 6), Whitby

Highway 412 and Dundas Street West (Parcel 4 & 5), Whitby

12

Investment Properties

13

2495 Lakeshore Boulevard West, Etobicoke

12

02 RESIDENTIAL LAND: HIGH RISE TRANSACTIONS

N

N

WYNFORD DRIVE

EGLINTON AVENUE EAST

175 WYNFORD DRIVE, TORONTO

325 BURNHAMTHORPE ROAD WEST, MISSISSAUGA

SALE PRICE: $102,000,000 DATE OF SALE: JANUARY 2020

SALE PRICE: $90,000,000 DATE OF SALE: DECEMBER 2020

VENDOR: ALLIED HOTEL PROPERTIES INC.

VENDOR: YMCA OF GREATER TORONTO

PURCHASER: FREED DEVELOPMENTS & FENGATE

PURCHASER: HOLBORN GROUP

SIZE: 5.42 AC.

SIZE: 4.5 AC.

15

02 RESIDENTIAL LAND: HIGH RISE TRANSACTIONS

N

N

WYNFORD DR

YONGE STREET

3450 DUFFERIN STREET, TORONTO

185 BALLIOL STREET, TORONTO

SALE PRICE: CONTACT ADVISORS DATE OF SALE: JANUARY 2020

VENDOR: WINGREEN REALTY LIMITED

SALE PRICE: $86,500,000 DATE OF SALE: AUGUST 2020

VENDOR: THE GUPTA GROUP/ EASTON’S GROUP

PURCHASER: VERDIROC HOLDINGS LTD.

PURCHASER: FITZROVIA REAL ESTATE

SIZE: 1.08 AC.

SIZE: 5.07 AC.

17

02 RESIDENTIAL LAND: HIGH RISE TRANSACTIONS

4926 BATHURST STREET TORONTO

N

N

4926 BATHURST STREET, TORONTO

2495 LAKESHORE BOULEVARD, ETOBICOKE 266 & 83 EAST STREET, OA VILLE

SALE PRICE: $6,000,000 DATE OF SALE: JULY 2020

VENDOR: GREENROCK & HARYETTA HOLDINGS LIMITED

SALE PRICE: $7,000,000 DATE OF SALE: MAY 2020

VENDOR: TORONTO CAPITAL (POWER OF SALE)

PURCHASER: PORTAL REALTY CORPORATION

PURCHASER: 2726102 ONTARIO INC.

SIZE: 0.61 AC.

SIZE: 0.59 AC.

DISTRESSED SALE

19

02 RESIDENTIAL LAND: LOW RISE TRANSACTIONS

N

N

YONGE STREET

201 KING ROAD, RICHMOND HILL

411 VICTORIA PARK AVENUE, TORONTO

SALE PRICE: $20,250,000 DATE OF SALE: OCTOBER 2020

SALE PRICE: $16,000,000 DATE OF SALE: OCTOBER 2020

VENDOR: CREATETO

VENDOR: KSV ADVISORY INC. (AS RECEIVER)

PURCHASER: DIAMONDCORP & KILMER

PURCHASER: BRIDLEPATH CAPITAL CORP. & CITY CORE CONSORTIA LTD.

SIZE: 18.9 AC.

SIZE: 3.87 AC.

DISTRESSED SALE

21

02 RESIDENTIAL LAND: LOW RISE TRANSACTIONS

N

N

YONGE STREET

S

A

2499 NASH RD, 2538 & 2494 REGIONAL RD 57, BOWMANVILLE OAD, 2538 & 2 94 REGIONAL ROAD 57, BOWMANVILLE

5072 14TH AVENUE, MARKHAM

SALE PRICE: $8,100,000 DATE OF SALE: DECEMBER 2020

SALE PRICE: $4,550,000 DATE OF SALE: AUGUST 2020

VENDOR: ERNST & YOUNG (AS RECEIVER)

VENDOR: CAMERON STEPHENS FINANCIAL CORP. (POWER OF SALE)

PURCHASER: FALCONCREST HOMES

PURCHASER: TERCOT COMMUNITIES

DISTRESSED SALE

DISTRESSED SALE

SIZE: 1.05 AC.

SIZE: 27.7 AC.

02 ICI LAND TRANSACTIONS

4926 BATHURST STREET TORONTO

N

N

HIGHWAY 412 AND DUNDAS STREET WEST (PARCEL 4 & 5), WHITBY

HIGHWAY 412 AND DUNDAS STREET WEST (PARCEL 6), WHITBY

SALE PRICE: $1,530,540 DATE OF SALE: SEPTEMBER 2020

VENDOR: MATTAMY LIMITED PURCHASER: HWY6773 INC.

SALE PRICE: $5,613,960 DATE OF SALE: JANUARY 2020

VENDOR: MATTAMY LIMITED

PURCHASER: FIELDGATE HOMES

SIZE: 2.55 AC.

SIZE: 6.93 AC.

25

02 INVESTMENT TRANSACTIONS

,

I

2495 LAKESHORE BOULEVARD, ETOBICOKE

SALE PRICE: $12,800,000

TOTAL SUITES: 45

DATE OF SALE: NOVEMBER 2020

PRICE PER DOOR: $284,444

BUILDING SIZE: 34,500 SQ. FT.

VENDOR: ESTATE OF JOSEPH ROTMAN & 2716220 ONTARIO LIMITED

PURCHASER: STARLIGHT INVESTMENTS

03

NATIONAL: TRANSACTION MAP

Residential Land

6067 Quinpool Road, Halifax, NS

1

2

North East Corner of 106 & 103 Ave N, Edmonton, AB

2 3

10160-68 106th Street, Edmonton, AB

3

Industrial

4

1

4225 Trans-Canada Highway, Montreal, QC

4

CBRE Offices

28

03 NATIONAL TRANSACTIONS: HIGH RISE RESIDENTIAL LAND

2266 LAKESHORE & 83 EAST STREET OAKVILLE 10305-21 106 TH STRE T EDMONTON, AB

N

N

N

SALE PRICE: $4,331,584 DATE OF SALE: JULY 2020 SIZE: 0.69 AC. VENDOR: LAMB DEVELOPMENTS CORP. PURCHASER: CITY OF EDMONTON

WYNFORD DRIVE

N

10160-68 106 TH STREET EDMONTON, AB

SALE PRICE: $4,700,000 DATE OF SALE: OCTOBER 2020 SIZE: 0.51 AC.

VENDOR: LAMB DEVELOPMENTS CORP. PURCHASER: CIDEX HOLDINGS LTD.

EGLINTON AVENUE EAST

6067 QUINPOOL ROAD, HALIFAX, NS

SALE PRICE: $37,610,000 DATE OF SALE: FEBRUARY 2020

VENDOR: HALIFAX REGIONAL MUNICIPALITY

PURCHASER: BANC INVESTMENTS LTD.

N

SIZE: 3.3 AC.

31

03 NATIONAL TRANSACTIONS: INDUSTRIAL

4225 TRANS-CANADA HIGHWAY, MONTREAL, QC

SALE PRICE: $9,500,000 DATE OF SALE: MARCH 2020 BUILDING SIZE: 58,000 SQ. FT.

VENDOR: TOROMONT

PURCHASER: VIDEOTRON

2020 TRANSACTIONS

Lauren White* Senior Vice President T +1 416 495 6223 lauren.white@cbre.com

Mike Czestochowski** Executive Vice President T +1 416 495 6257 mike.czestochowski@cbre.com

*Sales Representative **Broker CBRE Limited · 2005 Sheppard Ave E, Suite 800 Toronto, ON · M2J 5B4

All outlines are approximate

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth (01/2021).

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