- What Hans Steel is looking to sell its 150,000 sq ft facility
- Why The Chinese-owned steel company wants $327/sq ft
- What next 4 acres of excess land has been designated for a new 90,000 sq ft building
Steel fabricator Hans Steel Canada is floating its Greater Toronto Area industrial facility for $49m, Green Street News can reveal.
The building, at 6 Sangster Road in Uxbridge, spans 150,000 sq ft with the valuation working out to $327/sq ft. The Behar Group Realty has the assignment.
The facility, on 13 acres, has a maximum clearance height of 40 feet. There are 13 shipping doors — five at truck level and eight with drive-in access. Nine overhead cranes are on the premises with a maximum lifting capacity of 15 tons. Another nine cranes can lift 5.5 tons.
A 4-acre parcel on the lot is considered excess land and was approved for a new 90,000 sq ft industrial building in 2022.
The property is in a rural area of Uxbridge near the intersection of Sangster and Anderson Boulevard. The nearest onramp to Highway 407, with connections to Highway 401 and other major GTA roadways, is 15 km away. Stouffville, the closest major urban area, is under 5 km away.
Toronto Pearson International Airport is 50 km away.
Hans Steel specializes in steel frame design and manufacture and has supplied various municipal infrastructure projects in the GTA, including Toronto’s under-construction Eglinton Crosstown light-rail transit line.
The company is owned by Chinese steel conglomerate Qingdao Wuxiao Group, based in Shandong Province.
