Demo Investments Details Page

Toronto, Ontario
Ground Up Investment
3751-VICTORIA-PARK-AERIAL-HERO
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3751-VICTORIA-PARK-AERIAL-HERO
P4-08.2024 resize
PI_2
IMG_8016 resize
3751-VICTORIA-PARK-CAM-1-HIRES-1.jpg

Project Background

  • Acquired the 88K SF multi-tenant complex in Q3 2022 for $14.8M ($168 PSF), marking Forager’s first U.S. acquisition
  • Well-located in a growing market, MBC was acquired for well below replacement cost through an off-market transaction
  • Forager has re-leased 72K SF (81% of GLA) through a hands-on asset management and cost-effective capital program to drive leasing revenue, while enlisting best-in class party property management
  • In 2024,  Forager commenced the planning process to expand MBC with the addition of a fifth multi-tenant building totalling ~20K SF

Highlights

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