About Team Residential Development Commercial Development Project Management

Berkshire Axis Development

Current Commercial Projects

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Viceroy Industrial Condominiums

220, 220, 240 Viceroy Road is an exciting new industrial condominium conversion brought to you by Berkshire Axis Development Corp. Adjacent to the major intersection of Dufferin and Steeles, this key location offers fantastic access to Highway 407 and unparalleled access to nearby retail amenities. Our primary plan has been to facilitate property upgrades including: roofs, electrical and rear locking dock stairs. Condominium Conversion is now complete and half the condominium units have been sold.

Details

Project Location: 200, 220, 240 Viceroy Road, Vaughan, ON

Category: Industrial

Our Role: General partner, construction and project management

Project Size: 152,595 sq. ft

Sale/Lease: Sales to business owners & investors

Rate: $210/sq ft.

Available Unit Sizes: From 2,107 sq. ft to 22,602 sq. ft.

Parking: Yes

Sprinklers: Yes

Building Type: Industrial Condominiums

Site Features: Brand new driveway, professional landscaping and future new roof, electrical switch gear and interior upgrades. All units for sale have truck-level overhead loading doors (220, 240) or drive-in loading doors (200), gas-fired heating units, high bay lighting. Each unit has separately metered gas, hydro and water.

Unit Features

Each unit will consist of the following improvements:

· New T5 lighting throughout

· Painted walls and ceilings in warehouse, with 16-20’ clear height

· Some units are built out with premium office space

· Separate electrical service

· Separate water service

· Separate gas service

· Washroom or rough-in, in each unit

·Hanging gas forced air unit for heating

Project Updates

Stay tuned.

Contact

Craig Wagner
Vice President, Berkshire Axis Development Corp.

416 485 7860 x103
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Richmond Hill Portfolio

Purchased in August 2017, the Richmond Hill Portfolio has been previously owned and managed by professional institutional real estate managers. The Portfolio is located in Richmond Hill, a tightly constrained industrial market boasting an availability rate of 3.10% (in the Markham North and Richmond Hill node). The Portfolio is currently leased to 22 separate tenants. An element of the Portfolio’s appeal is the diverse tenant roster with no single tenant representing more than 18% of the total NRA.

Details

Municipality: Richmond Hill, ON

Properties: 25A East Pearce Street
25B East Pearce Street
1245 Reid Street
28 & 30 Fulton Way

Category: Industrial

Our Role: General partner, Asset Management

Project Size: 191,986 sq. ft

A summary of some of the Portfolio’s attributes include:

CRITICAL MASS – five buildings consisting of 191,986 sq. ft.

BELOW REPLACEMENT COST – Construction costs/development charges continue to increase, any new supply of competitive product would require significantly higher net rental rates;

DIVERSIFIED TENANCY ROSTER – The Properties present a well- diversified mix of asset composition and tenancy profile. The sites are comprised of multi-tenant mid- bay/small-bay industrial and office type uses – this translates into a well-balanced tenancy profile spanning warehouse/distribution, light manufacturing, and corporate office space;

MANAGEMENT SYNERGIES – Geographic concentration offers management and leasing synergies;

Contact

Craig Wagner
Vice President

416 485 7860 x103
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Gibraltar Industrial Condominiums

Strategically located at Highways 407 and 427, Gibraltar Industrial Condominium is a new top-tier industrial multi-tenant development. Our plan is construct the 100,000 SF building and provide mid-sized industrial units to a market with little to no supply in the 10,000 – 12,000 SF range. The project has been submitted for Site Plan Approval to the City of Vaughan and construction is to begin Spring 2018.

Location Map

Details

Coming Soon

Contact

Craig Wagner
Vice President, Berkshire Axis Development Corp.

416 485 7860 x103
\n"; ?> <h2>Galaxy Industrial Park</h2>

Galaxy Industrial Park

80 Galaxy is Berkshire Axis second condominium conversion project. Adjacent to Pearson International Airport in Etobicoke, this prime location offers fantastic access to Highways 401, 409 and 427. At Berkshire Axis Development our primary objective is to improve the overall value of Galaxy Industrial Park which is achieved through strategic capital investment including new roofs, driveway, doors and stairs. We have successfully completed the condominium conversion process with sales currently underway.

Details

Project Location: 80 Galaxy Boulevard, Etobicoke, ON

Category: Industrial

Our Role: General partner, construction and project management

Project Size: 82,000 sq. ft

Sale/Lease: Sales to business owners & investors

Rate: $175/sq ft.

Available Unit Sizes: From 4,000 sq. ft to 24,683 sq. ft.

Parking: Yes

Sprinklers: Yes

Building Type: Industrial Condominiums

Site Features: Berkshire Axis has upgraded the landscaping, resurfaced the parking lot, installed a brand new roof, loading dock stairs and windows all in an effort to provide premium units to an end user or investor. All units for sale have truck-level overhead loading doors, new gas-fired heating units, high bay lighting. Each unit has separately metered gas, hydro and water.

Unit Features

Each unit will consist of the following improvements:

· New T5 lighting throughout

· Painted walls and ceilings in warehouse, with 14’ clear height

· Single dock level shipping access with new shipping door for every 4,000 sq. ft

· Some units are built out with office space

· Separate electrical service

· Separate water service

· Separate gas service

· Washroom or rough-in, in each unit

Hanging gas forced air unit for heating

Project Updates

With capital upgrades complete, the sale process is well underway with very strong velocity. Berkshire Axis has completed the sale of a substantial number of units with strong intrest from a variety of end users and investors.

Contact

Craig Wagner
Vice President, Berkshire Axis Development Corp.

416 485 7860 x103
Current Projects

Current Projects

Development projects designed to exceed investor expectations and end user requirements

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Past Projects

Past Projects

Developments that exceeded our investors' return expectations

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