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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

Canadian Tire Corporation in its $285 Million Sale and Leaseback of the Bolton Canadian Tire Distribution Centre

2016

Areas Commercial Real Estate, Mergers and Acquisitions

Summary

Goodmans represented CTC in connection with the sale and leaseback of The Canadian Tire distribution centre in Bolton, Ontario.The new Bolton distribution centre is a 1.4 million square foot facility and 81 acres of trailer parking. The new distribution centre is a replacement of a facility CTC operated on 90 acres of land at the intersection of Steeles Avenue East and Bramalea Road in Brampton, Ontario. The lease term is 20 years with a going in cap rate of 5.23% and has 1.25% annual rent escalations built in for both the building and trailer parking rent.