1352 Tonolli Road, Mississauga
Michael Law secured a below-market lease for a tenant needing immediate adjacency to their 270K SF operations.
Below-Market
Deal Value
140,000 SF
Square Footage
The Asset
- Address: 1352 Tonolli Road, Mississauga
- Size: 140,000 sq. ft. industrial space
- Land: N/A — leasehold
- Price: Below-market lease rates
Perfect adjacency with immediate truck access synergies to neighboring 270,000 SF operations.
Transaction Structure
- Tenant's Need:Space adjacent to existing 270K SF facility
- Landlord Goal:Fill space competitively
- Solution:Adjacent property at below-market lease
The Challenge
The tenant faced an upcoming lease expiry but required space within the immediate area to maintain truck access synergies with their existing 270,000 SF operations. Suitable adjacent options were scarce.
The Solution
Michael sourced 140,000 SF within a neighboring property offering immediate truck access. Rates were locked in below comparable units within the building, and the timing was executed perfectly ahead of lease expiry.
Results at a Glance
Address
1352 Tonolli Road, Mississauga
Lease Size
140,000 sq. ft.
Synergy
Adjacent to 270,000 SF operations
Key Feature
Immediate truck access
Pricing
Below-market rates
Representation
Michael Law (tenant)
"140K SF below-market adjacent lease — timed perfectly ahead of expiry."
Work with Michael Law
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