- PCBA was engaged by a local food wholesaler to acquire a neighbouring vacant lot to allow them to expand their business.
- The Property was secured promptly and at fair market value during a highly competitive EOI campaign.
- PCBA worked closely with the selling agent to present the most suitable offer and beat the 10 other interested parties.
- Throughout the acquisition, our client's anonymity was maintained to mitigate the risk of overpaying given the clear benefit of proximity.
- This was an exceptional outcome given historically low industrial vacancy rates (~2%), driving high competition from other owner-occupiers and investors.
Aquisition Details
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