239 Chrislea Road, Vaughan
Michael Law represented the landlord, securing an above-market lease with minimal concessions on a premium power and Highway 400 asset.
Above-Market
Deal Value
124,004 SF
Square Footage
The Asset
- Address: 239 Chrislea Road, Vaughan
- Size: Premium industrial facility
- Land: Highway 400 visibility
- Price: Above-market lease rate achieved
Strategic power user asset with Highway 400 exposure — a landlord's premium in a competitive market.
Transaction Structure
- Landlord's Goal:Above-market rate, minimal inducements
- Tenant's Need:Power + Highway 400 visibility
- Solution:Targeted lease marketing plan
The Challenge
The private landlord needed to maximize rental income on a premium asset with specialized power and highway visibility. The challenge was attracting a tenant that could meet the property's capabilities while holding firm on an above-market rate.
The Solution
Michael executed a precision lease marketing plan that targeted power-user tenants specifically requiring Highway 400 exposure. The right tenant was attracted, above-market rates were held, and inducements were minimized — a major financial win for the landlord.
Results at a Glance
Address
239 Chrislea Road, Vaughan
Key Features
Power + Hwy 400 visibility
Lease Terms
Above-market rate
Concessions
Minimal tenant inducements
Outcome
Landlord financial victory
Representation
Michael Law (landlord)
"Above-market lease with minimal concessions — a textbook landlord win."
Work with Michael Law
Ready to achieve results like these? Book a consultation to discuss your industrial real estate objectives.