The pair purchased a Pickering apartment building
The building was completed in 1990
Building has a long-term tenant
The Industrial/flex building is set up for film and sound production
The property is on a 4.7-acre lot
Newmark is advising on the financing
The property was traded in an off-market deal
Avison Young and TD Securities co-brokered the deal
The sale price represents a 1% discount to the loans’ face value