JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 45

Retail Hylands Centre London, ON Address 1703-1733 Richmond St. Property Type Retail Centre Close Date Sep-2018 Sale Price $48,000,000 Area (sf) 151,325 $PSF $317 Vendor Bentall Kennedy Purchaser Westdell Corp. • Hylands Centre is an institutionally managed retail asset located in the heart of London’s most dominant retail node on a 12-acre prime corner site • The centre is 96% leased national tenancies, boasting a superior roster of high-quality tenants including Best Buy, The Beer Store, Mark’s, Michaels, National Sports, Staples, Moores and Penningtons • Hylands Centre is located in a node primed for increased density and mixed-use redevelopment in the long-term Matthew Smith Nick Macoritto [phone] [phone] [email protected] [email protected] Mark Leshchyshyn [phone] [email protected] JLL Capital Markets | 45