Avison Young completes industrial land sale in Brampton for global automotive company, Stellantis
January 28, 2025Rare 32-acre land parcel situated in region renowned for skilled workforce and direct proximity to some of Canada’s largest communities
Brampton, Ontario – Global commercial real estate advisor, Avison Young, is pleased to announce the sale of a 32-acre land parcel at 2000 Williams Parkway in Brampton.
Avison Young’s Sanjiv Chadha and Jeff Flemington were the exclusive advisors and agents for the vendor, Stellantis.
This rare parcel of land is situated within a region renowned for its skilled industrial and manufacturing workforce – offering a unique opportunity as an infill site in a high-demand part of the Greater Toronto Area (GTA) with direct proximity to some of Canada’s largest communities.
The complex divestment project featured strong collaboration among all stakeholders, including Stellantis’ local operations teams, North American real estate teams and external parties such as the City of Brampton. Avison Young oversaw the project by leveraging data-driven market insights to inform pricing and marketing strategies. All parties partnered n a process that required severance approval, marketing, bidding, and execution of a purchase contract.
“Avison Young was proud to facilitate this outcome for Stellantis, bringing together key experts to ensure a seamless process,” said Sanjiv Chadha, Principal, Avison Young.
“This sale exemplifies the growing demand for well-positioned industrial land and the importance of aligning real estate decisions with long-term business strategies,” said Jeff Flemington, Principal, Avison Young.
Avison Young is closely following the economic landscape, which appears poised for an upswing and future growth in 2025, as outlined in the firm’s latest Canadian Cap Rate and Investment Trends Report. The Stellantis sale reinforces the GTA’s position as one of North America’s strongest industrial markets. Industrial investment in the province and the region remains resilient relative to other asset classes.
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