Our full-service healthcare brokerage was founded on the principal of connecting specialized experience in commercial real estate to work for buyers and sellers in the healthcare industry.
Customized research specific to your practice is put into every deal and offers an unparalleled analysis of local and national healthcare markets, trends and opportunities.
13 - 30 Wertheim Court
Richmond Hill
$ 1,310,0000 bed | 0 bath | 3104 sqft |
Client:
Acquisition - Medical Building
Location:
Eastern Ontario, Secondary Market
Topline:
Fully leased medical office, purchased at a 7.7 cap rate
Type:
Commercial
Size:
12,000 sq. ft.
Subject Property
The subject property is a well-maintained medical building with over
12,000 sq. ft. of office and retail space and features plenty of on site parking. The property is in a prime
location with long term professional tenants and is approximately 20 minutes from the US border.
Our Role
The client mandate was to purchase a stabilized office building in the province
of Ontario to help diversify their real estate portfolio. Working closely with the client, the subject
property was identified and targeted for acquisition.
Outcome
In only 16 weeks, we were able to initiate and complete the mandate with the
client securing a fully tenanted, income producing medical building at a 7.7 cap rate.
Client:
Acquisition - Medical Office / Retail
Location:
Downtown Toronto, Ontario
Topline:
Prime downtown Toronto ground floor retail purchased to be converted to
dental office
Type:
Commercial
Size:
1,077 sq. ft.
Subject Property
The subject property is located in Downtown Toronto. This condo was
completed in 2011 with over 600 units across two phases. Located in Toronto's Entertainment and
Financial District, the condominium features boutique hotel-style amenities and modern architectural design.
Our Role
The client is an experienced dentist and the mandate was to purchase ground
floor retail to convert to a dental office. The client required an area with high foot traffic, a captive
patient base and key demographics which could all be found at the subject property. Working closely with the
client, condo retail was identified and targeted for acquisition (as it had originally been marketed for
lease only).
Outcome
Over 90% of the client's patient base originates from the residents of the
condo and validates the client's original business plan. By owning the real estate from which the dental
practice operates, the client no longer has to worry about any rental increases or sale and demolition
clauses, and furthermore has created an additional income stream as a potential landlord in the future.