512 – 516 Bryne Drive

516 Bryne Drive, Barrie ON

Date Purchased
January 2008
Date Sold
August 2012
Purchase Price
Sale Price
Site Area
3.22 acres
Gross Leasable Area
29,510 SF
Fund: Churchill V Real Estate Limited Partnership

Property Description

Located one hour north of Toronto in the City of Barrie, this 3.22 acre property consists of two commercial strip retail structures, including a free-standing retail plaza. Constructed in 2000, the gross leasable area is 29,510 SF, broken down into the plaza (24,582 SF) and the pad (4,928 SF). The complex is located in an architecturally cohesive, well maintained and attractive business park that accommodates a wide range of commercial and light industrial users. There is onsite surface parking for approximately 161 cars, and the scale and range of retail/service industrial users located in the immediate vicinity generates significant vehicular traffic. The property was acquired in January 2008 and sold in August 2012.

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