North York Stale Portfolio
Michael Law found the perfect private investor for a stale portfolio that had sat unsold on the open market for years.
$22.6M
Deal Value
219,364 SF
Square Footage
The Asset
- Address: North York, Ontario
- Size: 219,364 sq. ft. across multiple properties
- Land: 7.36 acres
- Price: $22,600,000
Transformed from a market-stale listing into a 3X rent growth powerhouse through visionary private ownership.
Transaction Structure
- Seller's Challenge:Years on market with no qualified takers
- Buyer's Vision:Value-add through innovative leasing strategy
- Solution:Off-market private buyer match with bold execution
The Challenge
The portfolio had sat on the open market for multiple years without a buyer. It required a unique, risk-tolerant investor with the vision to unlock value through new leasing strategies — not a conventional institutional buyer.
The Solution
Michael identified and represented a private investor willing to take a calculated risk on the stale asset. Since acquisition, the buyer implemented new leasing marketing strategies that grew rents approximately 3x from purchase levels — a high-risk, high-reward outcome that paid off.
Results at a Glance
Portfolio GLA
219,364 sq. ft.
Land
7.36 acres
Sale Price
$22,600,000
Market Status
Stale → Sold
Post-Sale Rents
~3X growth
Representation
Michael Law (buyer)
"$22.6M acquisition → 3X rent growth. The risk-takers won."
Work with Michael Law
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