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]
40 Holly St, Toronto ON
Date Purchased
June 2008
|
Date Sold
April 2011
|
Purchase Price
$11,800,000
|
Sale Price
$14,000,000
|
Site Area
acres
|
Gross Leasable Area
67,928 SF
|
Fund: Churchill VI Real Estate Limited Partnership |
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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