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Canada’s largest speculative industrial property now open for business

Canada’s largest speculative industrial property now open for business November 28, 2024

Avison Young introduces Lakeridge Logistics Centre, East GTA’s first fully net zero carbon designed property, where innovation meets sustainability

Ajax, Ontario – Lakeridge Logistics Centre, Canada’s largest speculative industrial property, is available for lease by global commercial real estate advisor, Avison Young. At 1.2 million square feet, it is Ajax, Ontario’s first fully net zero carbon designed industrial property. 

Located at 537 Kingston Road East, Lakeridge Logistics Centre was carefully designed by Pure Industrial to serve the needs of customers critical to the Canadian supply chain. From its strategic location and state-of-the-art features to its sustainable design and cost savings, this facility offers a compelling value proposition for businesses seeking a competitive edge in the market.

The cutting-edge building construction places an emphasis on renewable energy generation, electrified heat sources, and overall improved energy efficiency. The design demonstrates a dedication to long-term zero carbon performance, yielding potential savings of as much as 19% in cumulative costs over 10 years. 
 

Sustainable highlights:

  • High-performance envelope and ultra-efficient mechanical systems
  • Solar power generated on-site, designed to meet a portion of the building’s energy load 
  • Future-proofed infrastructure allows for the building to have 100% of its anticipated electricity needs met with solar
  • Superior indoor air quality and filtration
  • Options for alternative transportation, such as public transit, bicycles, and electric vehicles


“We’ve been consistently impressed by how focused and detail-oriented Pure Industrial has been, remaining on schedule while delivering a superior, sustainable space for businesses seeking an immediate move-in date,” said Ben Sykes, Principal, Avison Young. “Pure’s speed to market has been incredible and we are now ready to accept tenants – not necessarily with long-range, future occupancy dates but rather with dates that meet immediate needs.”

The ultra-modern, Class A property is visible from Highway 401, with accessibility to the largest markets in Canada, and is represented by Avison Young’s Ben Sykes, Eva Destunis, and Ryan Hood. 

“The premium location and property demonstrate an industry-leading industrial facility that can cater to occupiers for years to come,” added Sykes. “With recent interest rate drops in Canada and the U.S., the economic landscape is ready for an upswing and future growth, and Lakeridge Logistics Centre is positioned to support it.”
 

About Avison Young,
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2024 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 13 consecutive years.

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For more information:

Andrea Zviedris [email protected], Director, Media Relations – North America