Evton Completes Purchase of Commercial Office Condominium in Mississauga

Acquisition continues strengthening the value-add strategy of Evton Real Estate Fund LP

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 02/10/12 -- Evton Capital Partners, managers of Evton Real Estate Fund LP, today announced it has completed the acquisition of 2540-2570 Matheson Boulevard in Mississauga's Airport Corporate Centre.

"We are very excited about the prospects for this asset" said D'Arcy McGee, President of Evton Capital Partners. "We see considerable potential in this property through the execution of a condominium sales program, similar to the success we achieved at 2600 Skymark Avenue. We also see the opportunity for capital improvements which will make the property more attractive to tenants and investors alike. This acquisition is in line with our continued, proven strategy of purchasing value-add B-class assets in Southern Ontario that contribute to the growth of our investor's capital within the Fund".

The 125,650 square foot property is located within the prestigious Airport Corporate Centre. The complex is surrounded by office, industrial, and retail uses, and is a short distance from the future interregional Bus Rapid Transit (BRT) corridor. The complex is ideally located just minutes from highways 401, 403, 410 and 427 providing easy access for tenants.

About Evton Capital Partners

Evton Capital Partners is a commercial real estate investment and property management firm based in Toronto. Since its inception in 1995, the company has completed 32 acquisitions representing approximately $150 million in invested capital in Ontario and Alberta, with a gross internal rate of return of 31% on realized and unrealized investments. Evton is focused on acquiring private Canadian real estate investment opportunities for institutional and high-net- worth investors.



Contacts:
Evton Capital Partners
Chris Gibson
416-513-0356

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 10.02.2012 - 12:00 Uhr
Sprache: Deutsch
News-ID 113301
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO

Kategorie:

Commercial Real Estate

Diese Pressemitteilung wurde bisher 257 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Evton Completes Purchase of Commercial Office Condominium in Mississauga"
steht unter der journalistisch-redaktionellen Verantwortung von

Evton Capital Partners (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Evton Real Estate Fund Returns 28% in 2015 ...

TORONTO, ONTARIO -- (Marketwired) -- 04/19/16 -- The Evton Real Estate Fund, managed by Evton Capital Partners, continued its impressive 11-year performance with a 28% return in 2015."We remain disciplined as we harvest mature assets while exe ...

Evton Capital Partners Sells Yonge St. Real Estate Portfolio for $93.5M ...

TORONTO, ONTARIO -- (Marketwired) -- 08/19/15 -- Evton Capital Partners sold three Yonge St. buildings to a pension plan backed buyer, successfully cycling product in the first Evton Real Estate Fund."We're thrilled to crystalize impressi ...

Evton Names New Director of Operations ...

TORONTO, ONTARIO -- (Marketwire) -- 12/06/12 -- Evton Capital Partners, managers of the Evton Real Estate Fund LP, is pleased to announce that Roy Budgell has joined the firm as Director of Operations. With significant experience in real estate ope ...

Alle Meldungen von Evton Capital Partners