Churchill International Property Corporation
Suite 1010, 1040 West Georgia Street, Vancouver, BC Canada V6E 4H1
T: 604.689.8500
F: 604.689.5910
E: [email protected]
2311 Royal Windsor Drive, Mississauga ON
Date Purchased
April 2005
|
Date Sold
November 2007
|
Purchase Price
$1,837,500
|
Sale Price
$2,214,000
|
Site Area
11.5 acres
|
Gross Leasable Area
203,618 SF
|
Fund: Churchill III Real Estate Limited Partnership |
Located at 2301 – 2311 Royal Windsor Drive, in the City of Mississauga, the property is comprised of two freestanding industrial buildings with gross leasable area of approx. 203,618 SF. This 11.5 acre site is strategically located in a desirable GTA West industrial location, just north of Lakeshore Road and east of Winston Churchill Boulevard. This key location is within close proximity of Highway 403 and the Queen Elizabeth Way and provides excellent access to all major urban centres within Canada and the US.Churchill acquired the property in April 2005 for $12,250,000 and divested the property in November 2007 for $14,760,000. Participating funds in this property were: Churchill II Real Estate Limited Partnership (75%) and Churchill III Real Estate Limited Partnership (25%).
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