Thursday, August 19, 2010

Contemplating Commercial?

Are you thinking of buying commercial real estate? Whether as an end user or for investment, the time couldn't be better. Market is balanced and there are plenty of options available for all levels of investors. For the first time ever, after a long time in the City of Toronto, and perhaps for the last time, a commercial condominium retail mall is available for sale. That's right! You can actually own a piece of a multi-million dollar project and benefit from a professionally run system. It is like investing in stock market but through a professional mutual fund management company.

Welcome to The Landmark! It is the ultimate location for business and investment value. Strategically positioned among the national retailers, it is bound by new residential developments. The site will be well served based on an optimized traffic flow plan. Strolling along the wide corridors of The Landmark, shoppers will be dazzled by the variety of shops and services, truly a shopping paradise for the entire family.

The site boasts of approximately 100 acres of continuous shopping.

Representing the project as the sales partner, I had the opportunity to att end the press conference held today to announce the financing and the general construction company for the project. Time couldn't be more right to buy in commercial. While second quarter 2010 demonstrates to be a much stronger period by total price for all transactions, the average price per square foot in Metro increased from Q2 2009 to Q2 2010.

As the chart indicates, compared to other markets, Toronto is the place to be. So enjoy the update on Landmark, and happy investing to all.

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