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$ 1,310,000
0 bed | 0 bath | 3104 sqft |
Acquisition - Medical Building
Eastern Ontario, Secondary Market
Fully leased medical office, purchased at a 7.7 cap rate
12,000 sq. ft.
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.
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.
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.
Acquisition - Medical Office / Retail
Downtown Toronto, Ontario
Prime downtown Toronto ground floor retail purchased to be converted to dental office
1,077 sq. ft.
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.
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).
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.