Acquisitions

Aviva Building – 1335 North Service Road East, Oakville, Ontario

July 24, 2018
Office

1335 North Service Road East, Oakville

Purchased: 2018

Nicola Crosby, the real estate division of Nicola Wealth Management Ltd., is pleased to announce the acquisition of the Aviva Building located at 1335 North Service Road East in Oakville, Ontario.

The property features a 55,000 sf, two-storey class A office building that was recently completed in 2018.  The building is 100% leased to Aviva Canada Inc. on a long-term lease.

The property also includes 2.0 acres of excess land on which a second office building of approximately 35,000 sf can be constructed.

Special Thanks To:

  • Developer/Vendor – First Gulf Corporation
  • Financing – Norm Arychuk (Avison Young)

For more information, please contact any of the following:

Mark Hannah
Mark Hannah Managing Director, Real Estate 778-383-6937
Alex Messina
Alex Messina Director of Acquisitions,
Real Estate 778-383-4020
Shaun Blythen Acquisitions Manager,
Real Estate 604-558-5500

About Nicola Wealth Real Estate

Nicola Wealth Real Estate is the in-house real estate division of Nicola Wealth.  Our team acquires and manages properties for Nicola Wealth’s real estate portfolios.  We are an experienced team with a disciplined approach, dedicated to building high quality real estate portfolios that are diversified both geographically and by asset type.

About SPIRE Real Estate Portfolios

SPIRE Real Estate LP is an investment portfolio comprised of retail, industrial, office, multi-family, seniors and self-storage properties totaling 3.7 million square feet located in major Canadian markets. SPIRE US LP is an investment portfolio comprised of office, retail and industrial properties located in Seattle, San Francisco, Denver, Phoenix, Houston and Chicago. The portfolio also includes interests in over 14,000 multi-family apartment units located in the South and Southeast US. SPIRE Value Add LP is a new addition to the SPIRE and SPIRE US investment portfolios and focuses on generating returns through re-sale of investments in multiple projects using “value-add strategies.”