Wellington Square – Barrie Ontario
Over 84,000 square feet of Class ‘A’ office space across two buildings, these assets were acquired “off market” in 2007 for $15,000,000. After a successful 15-year ownership period, the property was sold in June 2022 for $19,880,000. The properties benefited from exceptional exposure to Highway #400, allowing a selection of tenants to obtain signage exposure and affording additional revenue streams to the Landlord. The property was leased to a high-quality roster of tenants including Business Development Bank of Canada, CIBC World Markets, London Life, Investors Group, Colliers and LifeLabs.