GTA West Burlington Office & Industrial Market

GTA West Office & Industrial Market – Burlington

By: Alexander Silver

Welcome to the 71st Installment of the GTA West Commercial Newsletter! This designed to bring you local relevant information about what’s happening in the office and industrial property market.
In June 2020 there was a total of 5 transactions (4 industrial, 1 Residential Land) in Burlington. This is a value of $23,057,500. This is up approximately 24% in dollar value compared to June 2019 where there were 3 transactions (1 Industrial, 1 office, 1 ICI land) for a total value of $17,660,000.

Noted below are some details on upcoming Burlington Office Developments and the new development charges put forth in specific GTA West markets.
Let me know if you’d like leasing details on any of these developments.
Each week we will highlight a different city in the GTA West – Next is Etobicoke.
Contact me to learn more about the Oakville Market and how we can Market your Asset.

Highlighted Transactions

Share this article:

*Industrial Rates are exempt from the City of Toronto
*Contact me to learn about additional regions.

SOLD

3180 Mainway, Burlington
» Sale Date: June 25, 2020
» Price: $3,000,000
» Building Size: 22,416 SF
» Price Per Sq.Ft.: $134
Industrial Property

SOLD

2468 Industrial Street, Burlington
» Sale Date: June 1, 2020
» Price: $2,000,000
» Building Size: 9,000 SF
» Price Per Sq.Ft.: $222
Industrial Property

SOLD

1095 Northside Road, Burlington
» Sale Date: June 1, 2020
» Price: $5,895,000
» Building Size: 27,800 SF
» Price Per Sq.Ft.: $212
Industrial Property

Highlighted Proposed Development Sites

For more information contact

Alexander Silver
Sales Representative

T: +1 289 266 1003
M: +1 905 334 9417
alexander.silver@colliers.com