20 Brodie Drive
Headford, Richmond Hill, ON
The future of medical research and services in Richmond Hill/Markham
Vision: Carefully monitor, improve, and exit an under-construction medical facility in Headford Business Park to repatriate lender capital.
Headford Business Park is a well-established, mixed use industrial and commercial area situated in close proximity to the affluent Bayview Hill community. The business park is already a hub of activity, offering restaurants and other professional services. A state-of-the-art medical facility will be a welcome addition, providing convenient access to in-demand and specialized medical services. The building is a seven-story, multi-unit building with two-level parking accessible from Brodie Drive and Leslie Street.
ELM came in to make recommendations on preserving the structure’s integrity and improving the building so it could be marketed appropriately. ELM stabilized the building and managed it for the receiver until it could be sold to repay the lenders.
- Type Income Producing
- Class Medical
- Sub-class Institutional
- Gross Commercial Floor Area 152,600 sq/ft
- Site Size 5.59 AC
- Commencement Date 2018
- Disposition Date 2021
- Status Sold
- Client Receiver