Commercial Sold Properties « Sheiner Group Sheiner Group Commercial Sold Properties | Sheiner Group
Elizabeth
DETAILS

ADDRESS/

LOCATION Ontario

PORTFOLIO Sheiner Group

TYPE Commercial Residental Sold Properties

# OF UNITS /

LAND AREA /

PROPERTY AREA/

Chestnut & Elizabeth

In a joint venture with the City of Toronto, Sheiner Group built a high-rise residential and office property in the heart of downtown Toronto. This project was through the government program, Cityhome, wherein Sheiner Group entered into a partnership with the City of Toronto who leased back the buildings for 20 years.

Front Street
DETAILS

ADDRESS250 Front Street East Toronto, Ontario M5A 1E9

LOCATION Ontario

PORTFOLIO Sheiner Group

TYPE Commercial Sold Properties

# OF UNITS /

LAND AREA 5 acres

PROPERTY AREA24,478 sq.ft.

Front Street

Covering nearly a full city block of downtown Toronto and bordered by Front Street, King Street and Parliament Street, this property site was leased to Staples Business Depot as their major location to serve the Bay Street commercial district. Adjacent to Toronto’s Brewery development, the Front Street property was re-zoned and sold was for 8.5 times the purchase price and 35 times the equity invested.

Factoreries
DETAILS

ADDRESS100 Guindon, St-Sauveur-des-Monts, Quebec J0R 1R6

LOCATION Quebec

PORTFOLIO Sheiner Group

TYPE Commercial Sold Properties

# OF UNITS /

LAND AREA 353,401 sq. ft.

PROPERTY AREA100,000 sq.ft.

Les Factoreries Saint-Sauveur

Acquired in January of 2003, this transaction was the catalyst for Sheiner Group’s focused entry in to the Laurentians, just north of Montreal. Up until point of sale, Les Factoreries was considered to be the largest and most successful outlet mall in the Province of Quebec. This vibrant and highly successful project was anchored by a prestigious list of national and international retailers including, Nike, Guess, Tommy Hilfiger, Jones of New York, Point Zero and many others. The re-branding and re-positioning of the asset by Sheiner Group resulted in a sale for 3.8 times the purchase price and 15.25 times equity invested.

Tremblant
DETAILS

ADDRESS/

LOCATION Quebec

PORTFOLIO Sheiner Group

TYPE Commercial Sold Properties

# OF UNITS

LAND AREA 140,730 sq.ft.

PROPERTY AREA/

Village of Mont Tremblant

Acquired in 2003 from Intrawest, Sheiner Group engineered this complex transaction of the retail component of the ski village at Mont Tremblant. This lifestyle oriented retail complex has been regularly voted as North America’s #1 ski village with 80 unique restaurants, boutiques and nightlife destinations, attracting more than 2.5 million visitors annually. Sheiner Group sold Village Tremblant to IGB in December 2007 for 4.5 times return on equity.