North York Industrial Portfolio — Bartor / Signet / Garyray
Michael Law orchestrated a portfolio sale that delivered profits at every stage of ownership.
$41M+ Resale
Deal Value
140,000 SF
Square Footage
The Asset
- Address: 66-77 Bartor Rd, 350-368 Signet Dr, 355 Garyray Dr — North York
- Size: 140,000 sq. ft. across 3 properties
- Land: 6.55 acres
- Price: $41M resale (Stage 2)
Every buyer profited through strategic repositioning — from rent growth to condo conversion.
Transaction Structure
- Stage 1:Sold to value-add investor
- Stage 2:Resold portfolio at $41M after rent growth
- Stage 3:Final sale to condo conversion specialists
The Challenge
The portfolio needed to be positioned for staged redevelopment potential across multiple ownership cycles. Each buyer required a different profile — from value-add operators to condo converters — demanding precise buyer matching at every stage.
The Solution
Michael created a value-add chain reaction: the first buyer grew rents and restructured leases, enabling a $41M resale that delivered strong returns. The final buyer completed the redevelopment cycle through condo conversion — with every owner profiting through sequential improvements.
Results at a Glance
Properties
Bartor Rd, Signet Dr, Garyray Dr
Total GLA
140,000 sq. ft.
Land
6.55 acres
Key Transaction
$41M portfolio resale
Outcome
Multi-stage profits + condo conversion
Representation
Michael Law (multiple transactions)
"Value created at every ownership stage — from rent growth to condo conversion."
Work with Michael Law
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