8 Nelson Street West – Brampton Ontario
This 79,000 square foot office complex is located in the heart of downtown Brampton. Acquired for $11,188,000 in 2007, the downtown Brampton area was undergoing a vibrant upgrade with considerable infrastructure improvements. A full floor premises was successfully leased to the City of Brampton, occupying space that was vacated by a previous tenant. This significantly improved the tenant profile of the building, and the property was successfully sold in 2010 for $14,000,000. The property was also successfully coupled with two other office properties at the time of sale to obtain a portfolio premium from an offshore purchaser.