JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 43

Retail King Plaza Oshawa, ON Address 266 King St. W. Property Type Pharmacy-Anchored Retail Close Date Oct-2018 Sale Price $14,100,000 Area (sf) 34,202 $PSF $412 Vendor RioCan REIT Purchaser Private Investor • King Plaza is a Shoppers Drug Mart anchored centre situated between two of Oshawa’s biggest retail centres; drawing a significant consumer base to the area from across the Durham Region • The plaza is 96% leased with tenancies that include Shoppers Drug Mart (open 24-hours), Harvey’s, Pizza Nova and Coco Frutti • King Plaza is centrally located in a dense residential and highly sought-after commercial area with excellent visibility Matthew Smith Nick Macoritto [phone] [phone] [email protected] [email protected] Mark Leshchyshyn [phone] [email protected] JLL Capital Markets | 43