Northbridge Capital

Construction Progress Update! Construction is in full swing at the Shoppes of Boynton! Recently, Northbridge was on-site, and we're excited about the progress being made on this design-build project. We look forward to the positive impact Sprouts will have on the local community, bringing fresh and healthy food options. Stay tuned for more updates!

Exciting Update from Our Asset Management Team! We have been hard at work on our recent GTA industrial acquisitions, and the transformation is well underway. In just the first few months of ownership, noteworthy progress with our exterior repositioning package includes: ·      Fresh exterior painting ·      New tenant signage ·      Paving and asphalt upgrades ·      Window replacements ·      Enhanced exterior lighting ·      New landscaping These improvements are designed to elevate the aesthetic and functionality of our properties, ensuring an exceptional experience for current and future tenants. We cannot wait to showcase the finished product and welcome prospective tenants for a tour!

Acquired! Northbridge is excited to announce that our industrial portfolio has grown in the Greater Toronto Area with the acquisition of 102,188 SF from four off-market transactions. These properties are strategically located in Mississauga, Oakville and Vaughan with functional shipping and an average unit size of 2,003 SF. The short WALT of 1.8 years allows Northbridge to mark in-place rents to market quickly.

Sale Announcement! In partnership with Nicola Wealth Real Estate team, Northbridge Capital is pleased to announce the sale of 235 Wicksteed Avenue and 51 Beth Nealson Drive in Toronto. This value-add project is comprised of 85,000 SF on 4.6 acres in Toronto’s desirable Leaside neighbourhood. The infill ‘last mile’ property will provide the purchaser with an irreplicable location for their business. The property was purchased in Q2-2021 and repositioned in just three years. We would like to thank Carol Trattner and Goran Brelih, SIOR for facilitating the transaction.

We are vertical! Great progress here towards a new #Publix. The team including Publix Super Markets , HGR Construction, Inc. , Northbridge Capital , PREFERRED and many others are making it happen. Always great seeing the positive impact on the community, construction trades, local businesses, and future new jobs! #development #cre #preferred #business #community #groceryanchored #FL Cooper Brownell CGC Richie Speno