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COMPLETED TRANSACTIONS
TABLE OF contents
ABOUT THE LAND SERVICES GROUP
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About the Land Services Group
CBRE Global
Meet the Partners
Meet the Team
Land Services Group’s Community Engagement
2023 TRANSACTIONS
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Transaction Map
Residential Land Transactions
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ICI Land Transactions
Commercial Property Transactions
Distressed Sale Transactions
Join Our Distribution List
CBRE’S LAND SERVICES GROUP
The Land Services Group has the expertise to cover all aspects of our client’s land disposition and valuation needs. Our experience, relationships, market knowledge and targeted marketing strategies set us apart from the competition. We strive to develop strategies that obtain the maximum value for our client’s property and enhance land value. We offer our clients extensive knowledge of local market conditions, competitive sites on the market and regulatory issues, to assist land owners in maximizing their real estate values. Our scalable services identify value for all sizes of land, from urban, infill development opportunities, to large tracts of farmland with development potential. Since 1993, the Land Services Group has accumulated a comprehensive network of qualified purchasers in the industry and maintain a database of thousands of global land investors, high net worth individuals, foreign investors, and family offices to effectively and efficiently market properties. Through our extensive experience, we provide tailored marketing strategies to ensure that we obtain the best possible value and structure to fit our client’s needs. We consistently demonstrate our credibility, transparency, and unmatched market share of completed land transactions. In addition, we have strong partnerships with multiple CBRE service lines, including Global Corporate Services, Private Client, Retail Development, Industrial, Hotel, and Multi-Family Groups for land disposition and acquisition. We work with Valuation and Capital Markets in the evaluation, acquisition, disposition, and underwriting of complex land development and portfolio sales. The Land Services Group brings an unparalleled depth of experience executing transactions at various stages of approval, coupled with an intimate understanding of local politics, economics, and land use policies. We pride ourselves on our ability to provide clients with leading edge commercial real estate marketing that is created with ingenuity.
OUR SERVICES:
Disposition
Strategic Advisory
We have unmatched depth of experience executing transactions at various stages of development approval.
We work with clients to find properties that fit their land requirements.
Acquisition
Unsurpassed Marketing
We strive to obtain the maximum value for our client’s property and develop strategies that protect and enhance land values.
Our team consists of marketers, planners, and administrators that work together to curate custom brochures, drone videos, property websites, email campaigns, and advertisements (digital and print).
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ABOUT CBRE GLOBAL
500+ OFFICES
100+ COUNTRIES
130,000+ EMPLOYEES
WE ARE THE GLOBAL LEADER IN COMMERCIAL REAL ESTATE SERVICES AND INVESTMENTS. With services, insights and data that span every dimension of the industry, we create solutions for clients of every size, in every sector and across every geography. 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. At CBRE, we create the real estate solutions of tomorrow, so businesses and people thrive. We do this through our leading perspectives by our experienced professionals who are global in scale but local in implementation. Our mission is to ensure that our professionals are always fully equipped to better serve you, our valued client. Clients’ satisfaction and delight are our foremost priorities. We think creatively but act pragmatically, and collaborate across markets and service lines when necessary – to bring you the best-in-class real estate solutions.
CBRE TORONTO
A Fortune’s Most Admired Real Estate Company (14 Consecutive Years) #135
Named to the Forbes America’s Best Employers for Diversity list
Word’s Most Ethical Company (11 Consecutive Years)
The Best of the Global Outsourcing (16 Consecutive Years)
CLIENTS IN 100+ COUNTRIES
500+ OFFICES WORLDWIDE
130K+ PROFESSIONALS GLOBALLY
SERVES 90% OF THE FORTUNE 100
$31.9B 2023 REVENUE
CBRE Global statistics from 2023
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MEET THE
partners
LAUREN WHITE* EXECUTIVE VICE PRESIDENT
Lauren White is an Executive Vice President at CBRE and a Senior Partner of the Land Services Group. With a career spanning over 18 years at CBRE, Lauren has established herself as a leader in land brokerage, leveraging her comprehensive understanding of market conditions, land entitlement, development, and capital sources. She is acknowledged as being one of the Top 10 Sales Professionals for CBRE’s Toronto North office 6 times. Her extensive knowledge of local market conditions, competitive land parcels, and the regulatory environment enables her to assist clients in forming strategies to maximize the value of their real estate holdings. Throughout her tenure at CBRE, Lauren has represented clients in the disposition of over $5 billion of land transactions. Her expertise spans across all stages of development, including residential land, master-planned communities, and urban infill and redevelopment sites. Lauren’s proficiency in handling large and complex land assets is particularly notable in the Greater Toronto Area and across the province. Lauren’s commitment to her clients is evident in her approach to forming long-term partnerships. She provides strategic advisory services to landowners and investors, guiding them on how to optimize their land portfolios. Her ability to create and maintain these relationships is a testament to her professionalism and dedication to her clients’ success.
MIKE CZESTOCHOWSKI** VICE CHAIRMAN
Mike Czestochowski is a highly experienced and knowledgeable real estate professional with a proven track record in the sale of development land within the GTA and GGH. He is the founder of the Land Services Group and Vice Chairman at CBRE, where he has been instrumental in driving the growth of the company’s land services division. Mike has spent over four decades providing exceptional advisory and transaction services to his clients. With his vast market knowledge and expertise, Mike has become an industry leader known for his ability to provide tailored solutions that meet the unique needs of each client. Mike has been consistently ranked as one of the Top Sales Professionals in the company. He is recognized as being one of the Top 10 Sales Professionals for CBRE’s Toronto North Office 25 times, 9 of which he was #1. Additionally, he has been ranked in the Top 20 Sales Professionals for CBRE Canada 12 times. Mike has consistently been involved with many high profile transactions, including government mandates, publicly traded companies and Fortune 500 companies. As one of the top land brokers in the GTA, Mike is frequently asked to sit on conference panels, make guest appearances on real estate podcasts and is quoted in credited media outlets.
*SALES REPRESENTATIVE **BROKER
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OUR TEAM
EVAN STEWART
LAUREN WHITE
EMELIE ROWE Sales Associate
MIKE CZESTOCHOWSKI
Vice Chairman
Sales Associate
Executive Vice President
MARINA LONSKA Marketing Specialist
CHLOE PEREIRA Marketing Assistant
ANDREA CAMINA-MEDINA
LAURA MALAKA
Team Lead
Senior Planner
SALES SUPPORT
TEAM MANAGEMENT
PLANNING & DUE DILIGENCE
ADMINISTRATION
PARTNERS
MARKETING
Marina Lonska Marketing Specialist Chloe Pereira Marketing Assistant
Mike Czestochowski Vice Chairman Lauren White Executive Vice President
Emelie Rowe, M.PI Sales Associate Evan Stewart Sales Representative
ROLES AND RESPONSIBILITIES
Laura Malaka Team Lead
Sara Ambrosi Client Services Coordinator
Andrea Camina-Medina, BES Senior Planner
· Oversee Marketing Process · Negotiation · Strategy and Positioning · Marketing and Buyer Meetings · Owner/Buyer Interface & Negotiation
· Owner/Buyer Interface · Negotiation
· Client Services Support · Prepare All Listing Documentation · Complete Weekly Reporting Letters · Manage Distribution of Marketing
· Team Coordination · Marketing Process Management · Business Development
· Document Review · Planning Support · Marketing Material Preparation · Owner/Buyer Interface
· Marketing Strategy · Team Branding · Graphic Design · Marketing Material Preparation
SARA AMBROSI
· Marketing and Buyer Meetings · Marketing Process Management
Client Services Coordinator
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communities
LAND SERVICES GROUP IN THE NEWS
HELPING YOUTH ON A BETTER PATH
For Toronto-based broker Mike Czestochowski, giving back to his community starts with its youth.
The recipient of CBRE’s 2022 Change Maker Award, Czestochowski, who sat on the board of Markham Stouffville Hospital for five years, is known for his generosity and his philanthropic efforts.
LSG ON THE AIR
During the pandemic he purchased 3,500 boxes of Girl Guide cookies and donated them to the staff of the Markham Stouffville Hospital. He’s also funded scientific research at the St. Michael’s Hospital and frequently donates to causes such as The Ride to Conquer Cancer and the Blu Genes Foundation. In recent years Czestochowski has focused his efforts on Covenant House, Canada’s largest organization for helping at-risk youth, providing them with shelter, employment resources and support networks. city. It’s a huge place, but their food bank was empty.” “ Since then, Czestochowski and his team have helped fill Covenant House’s food bank twice. Each time, they’ve donated more than $1,000 worth of food and toiletries. “The first time I visited Toronto’s Covenant House, it broke my heart,” he says. “I hadn’t realized how much need there was in our As part of his Covenant House efforts, Czestochowski once again participated in this year’s Executives Sleep Out on November 16, 2023. The Sleep Out is a one-night event that brings GTA executives together to sleep outside and raise funds for Covenant House’s programs. Last year Czestochowski raised over $13,000; this year he raised nearly $22,000. “It’s so important to help our youth get on a better path,” he says. “Too many young people end up on the street through no fault of their own, simply the result of bad circumstances. In such an affluent city, we need to do more to ensure we take care of each other and create a future where nobody has to stay out on the streets.”
Mike and Lauren are passionate about real estate and actively participate in various podcasts to share their knowledge and insights about the market. They are dedicated to educating and informing others about the intricacies of real estate trends and strategies. They are both recognized for their expertise in the real estate industry and have been invited as guests on the Simply Real Estate Podcast with Todd Slater not just once, but twice in 2023. Their extensive knowledge and insights in real estate combined with their passion and dedication, have made them highly sought-after guests. Mike also joined the Commercial Real Estate Podcast powered by First National in July 2023, sharing his thoughts about the state of the land market for this year. Through their podcast appearances, they provide valuable advice, tips, and guidance to listeners who are interested in entering or expanding their presence in the real estate market. Mike and Lauren’s expertise and enthusiasm make them a valuable resource for those seeking information and guidance in the realm of real estate.
CBRE Global Article Published December 2023
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2023
COMPLETED TRANSACTIONS MAP
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OTTAWA
Residential Land
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Pickering Portfolio, Pickering 727 Shoal Point, Ajax Bathurst Street & Lebovic Campus Drive, Vaughan 4570 Hawthorne Avenue, Ottawa Winchester Road & Cachet Boulevard, Brooklin 864-872 King Street West, Kitchener 2275 Mer Bleue Road, Ottawa 3080 Navan Road, Ottawa 485, 501 and 511 Ontario Street South, Milton
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ICI Land
2650 Sherwood Heights Drive, Oakville NE Corner of Dundas Street West and Sweetwater Gate, Oakville Block 214, Oakville
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5
VAUGHAN
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13
3
OSHAWA
1 2
12
Lake Ontario
TORONTO
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OAKVILLE
9
10
6
12
HAMILTON
14
Commercial Properties
1908 Colonel Sam Drive, Oshawa 414 Victoria Avenue North, Hamilton 3887 2nd Avenue, Burnaby*
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$535+ MILLION
THE LAND SERVICES GROUP TRANSACTED IN THE
FOLLOWING MUNICIPALITIES IN 2023: VAUGHAN, KITCHENER, MILTON, PICKERING, AJAX, OTTAWA, BROOKLIN, OSHAWA, OAKVILLE, HAMILTON, BURNABY
*not shown on the map
TOTAL TRANSACTIONS
All statistics based on CBRE Land Services Group sales information
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RESIDENTIAL land
RESIDENTIAL LAND PICKERING PORTFOLIO, PICKERING
RESIDENTIAL LAND
727 SHOAL POINT ROAD, AJAX
Lake Ontario
Lake Ontario
Lake Ontario
MULTIPLE TRANSACTIONS
Sold Price
Acres
Sale Date
Vendor
Purchaser
Sold Price
Acres
Sale Date
Vendor
Purchaser
Coughlan Homes
N/A
Magnum Opus Developments
2310068 Ontario Ltd.
$172,865,444
450
Jun-23
$81,500,000
102.7
Jul-23
Click to View Brochure
Click to View Brochure
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RESIDENTIAL LAND
RESIDENTIAL LAND
BATHURST STREET & LEBOVIC CAMPUS DRIVE, VAUGHAN
4570 HAWTHORNE ROAD, OTTAWA
Sold Price
Acres
Sale Date
Vendor
Purchaser
Sold Price
Purchaser
Acres
Sale Date
Vendor
Multivesco
Claridge Homes
Madison Group & Humbold Properties
Liberty Development Corporation
$36,250,000
125.7
Apr-23
$70,000,000
Jan-23
11.2
Click to View Brochure
Click to View Brochure
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RESIDENTIAL LAND
RESIDENTIAL LAND 864-872 KING STREET WEST, KITCHENER
WINCHESTER ROAD E & CACHET BOULEVARD, BROOKLIN
THICKSON RD N
CACHET BLVD
Sold Price
Acres
Sale Date
Vendor
Purchaser
Sold Price
Acres
Sale Date
Vendor
Purchaser
Durham Catholic District School Board
Madison Group
Bell Canada
Vive Development Corporation
$33,500,000
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Sep-23
$13,000,000
1.6
Dec-23
Click to View Brochure
Click to View Brochure
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RESIDENTIAL LAND
RESIDENTIAL LAND 3080 NAVAN ROAD, OTTAWA
2275 MER BLEUE ROAD, OTTAWA
PAGÉ RD
Sold Price
Acres
Sale Date
Vendor
Purchaser
Sold Price
Acres
Sale Date
Vendor
Purchaser
Caivan Homes
Broadstreet Properties
Caivan Homes
Broadstreet Properties
1.6
Dec-23
$2,000,000
1.6
May-23
$2,750,000
Click to View Brochure
Click to View Brochure
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RESIDENTIAL LAND 485, 501 AND 511 ONTARIO STREET SOUTH, MILTON
DISTRESSED SALE
Sold Price
Acres
Sale Date
Purchaser
Vendor
RSM Canada Limited
N/A
3.8
Dec-23
N/A
Click to View Brochure
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ICI land
ICI LAND
ICI LAND
2650 SHERWOOD HEIGHTS DRIVE, OAKVILLE
NE CORNER OF DUNDAS STREET W & SWEETWATER GATE, OAKVILLE
Lake Ontario
HIGHWAY 407
ROYAL WINDSOR DR
SHERWOOD HEIGHTS DR
QEW
Sold Price
Acres
Sale Date
Vendor
Purchaser
Sold Price
Acres
Sale Date
Vendor
Purchaser
Sigma Group Northland Properties Corporation
Mattamy Homes
Sweetwater Suites Inc.
$7,000,000
2.9
Feb-23
$2,900,000
0.7
May-23
Click to View Brochure
Click to View Brochure
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ICI LAND
BLOCK 214, OAKVILLE
Sold Price
Acres
Sale Date
Vendor
Purchaser
Lullaboo Daycare
$2,500,000
0.6
Nov-23
Mattamy Homes
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COMMERCIAL properties
COMMERCIAL PROPERTY
COMMERCIAL PROPERTY
1908 COLONEL SAM DRIVE, OSHAWA
414 VICTORIA AVENUE NORTH, HAMILTON
C
DISTRESSED SALE
Sold Price
Acres
Sale Date
Vendor
Purchaser
Sold Price
Acres
Sale Date
Vendor
Purchaser
General Motors
Ontario Power Generation
KPMG
Farmcrest Financial Corp.
$100,000,000
74
Feb-23
$6,100,000
2.3
Jun-23
Click to View Brochure
Click to View Brochure
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COMMERCIAL PROPERTY
3887 2 ND AVENUE, BURNABY
Sold Price
Acres
Sale Date
Vendor
Purchaser
Bell Canada
GeoRadar Group
$4,875,000
1.6
Mar-23
Click to View Brochure
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DISTRESSED SALE TRANSACTIONS
Our track record of creating maximum value on court-ordered transactions, including receiverships and power of sale transactions, underscores our ability to execute complicated deals at aggressive pricing and with a wide market reach. The Land Services Group has the depth of experience transacting sensitive files and court-ordered listings which require accurate reporting and uncompromising execution. Through our experience, our team has evolved a transaction process that holds up to court scrutiny by demonstrating prudence, fairness, competition and transparency, with formal and detailed reporting for each benchmark and decision point. In addition to advisory services, CBRE offers debt and structured finance, property and facilities management, valuations and appraisal services and project management. 43 TOTAL DISTRESSED TRANSACTIONS $268+ MILLION TOTAL DOLLAR VOLUME
19 24 24 RESIDENTIAL LAND TRANSACTIONS INVESTMENT TRANSACTIONS MUNICIPALITIES COVERED
Sales statistics from December 2010 to December 2023
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CONTACT our team
Mike Czestochowski** Vice Chairman +1 416 495 6257 mike.czestochowski@cbre.com
Lauren White* Executive Vice President +1 416 495 6223 lauren.white@cbre.com Emelie Rowe* Sales Associate +1 416 495 6306 emelie.rowe@cbre.com
Evan Stewart Sales Representative +1 416 495 6205 evan.stewart@cbre.com
*Sales Representative **Broker
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.
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