Concert Acquires First Office Complex in Mississauga

September 03, 2008

Comprised of three best-in-class multi-tenant buildings on a single property, this one-storey flex-office complex sits on nine acres of land.

Vancouver, BC, Canada – Concert is pleased to announce the acquisition of its first office complex in Mississauga – Dixie-Eglinton Centre. Located at 1790, 1820 & 1830 Matheson Blvd., within the popular Airport Corporate Centre office node just 10 minutes from Toronto’s Pearson International Airport, the newly constructed property benefits from direct access to major transportation modes.

Comprised of three best-in-class multi-tenant buildings on a single property, this one-storey flex-office complex sits on nine acres of land. Built in 2007, the high-quality Dixie-Eglinton Centre has a combined floor area of 134,632 square feet, with ample parking and attractive landscaping.

“With a strong tenant roster and excellent location at Airport Corporate Centre, Dixie-Eglinton Centre is Concert’s fourth property in Mississauga,” said Alan Whitchelo, Senior Vice President, Industrial & Commercial, Concert Properties Ltd. “The property is occupied by national or international quality tenants, including Carlton Cards, Masonite and Puma Canada.”

With insulated pre-cast concrete panel and steel frame construction combined with attractive exterior glazing, all three buildings offer efficient floor plans with the flexibility to demise suites in a variety of combinations and sizes.

This exceptionally located asset in the strong suburban Greater Toronto office market will complement Concert’s current holdings in Mississauga, bringing further diversification for the company’s portfolio in terms of use and geography. With the purchase of this property Concert’s income producing portfolio in Ontario is in excess of 2.1 million square feet.

About Concert Properties

Concert is an award-winning diversified real estate enterprise involved in developing and acquiring commercial and industrial properties, rental housing, multi-family condominium housing, seniors living communities, and resort developments in British Columbia, Alberta and Ontario. www.ConcertProperties.com
For media inquiries contact:
Heather Harley
Telephone: 604.602.3713
Email: HHarley@ConcertProperties.com

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