40 Holly Street

40 Holly St, Toronto ON

Date Purchased
June 2008
Date Sold
April 2011
Purchase Price
Sale Price
Site Area
Gross Leasable Area
67,928 SF
Fund: Churchill VI Real Estate Limited Partnership

Property Description

Located in the heart of mid-town Toronto, this 9-storey 67,928 SF Class ‘A’ office building benefits from exceptional locational attributes in the active Yonge-Eglinton shopping district — an area best described as an animated mixed-use neighbourhood with access to an exceptional array of retail, restaurant and entertainment venues, all within a five-minute walk of public transit. Developed in 1988, the building features a reinforced concrete superstructure with blue glass solar reflective curtain walls and precast concrete panels. The typical floor plate of 7,900 SF features a side core design and is highly efficient for full floor tenants and also subdivides effectively for multi-tenant occupancy. Structurally adjacent to the condominium tower located at 30 Holly Street, the buildings share an underground parking facility and a number of building systems. Churchill acquired the property in June 2008 and divested it in April 2011.

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