Sale of Dixie Office & Industrial Complex

TriVan Capital is pleased to announce that the CCP Dixie Limited Partnership (the “Dixie LP”) has closed its sale of a 129,655 square foot, office and industrial complex in Mississauga, Ontario. The Dixie LP purchased the asset in early 2016 with above market vacancy and was successful during the past 6 years in leasing up nearly 100,000 square feet of space.    

We made the strategic decision to list the property for sale this past Spring in order to capitalize on a strong market for this type of product. Our broker ran a broad sales process and brought forward multiple offers at attractive prices. The final sale price provided very strong returns to investors as measured by multiple on invested cash (MOIC) and internal rate of return (IRR).

For more information on performance details, please contact us directly.