GWL Realty Advisors Expands Product Offerings with Entry into Industrial Strata Market

New Asset Class Demonstrates Development Expertise and Entrepreneurialism

Toronto, ON – GWL Realty Advisors (GWLRA) is pleased to announce its entry into the industrial strata market. This expansion reflects a strategic move to broaden the company’s real estate offerings beyond traditional income producing assets. The introduction of small bay industrial strata units responds to strong market demand in proven and supply constrained ownership markets across Canada.

“Expanding into the industrial strata market is part of GWLRA’s value generation strategy and is a natural extension of our capabilities and development expertise,” said Glenn Way, President. “We are focused on widening our suite of investment offerings in support of investors long-term real estate objectives.”

GWLRA’s first project in this asset class, branded as Leslie Link, is a small bay industrial condominium development at 9609 Leslie Street in Richmond Hill, Ontario. The property includes 120,000 square feet with flexibility to divide into 14 condominium units on a 6.4-acre parcel acquired in 2021 as part of a larger 44.7-acre purchase. The site is located on a major arterial road in an underserved part of Richmond Hill with strong owner demand and no new strata completions in more than ten years.

“This development complements our clients, high-quality, income-producing portfolio, with the goal of helping the client to realize a strong, risk adjusted-return profile,” said Steven Marino, Executive Vice President, Portfolio Management. “By drawing on GWLRA’s extensive development expertise to help unlock the unrealized potential of this land, we aim to enhance our clients’ position in the market.”

GWLRA’s entry into the industrial strata sector is supported by deep market insight, strong investor relationships, and a long track record of delivering successful developments across multiple asset classes.

For more information about Leslie Link, including project details, unit offerings, and registration, please visit www.LeslieLink.ca.