Award-Winning Industrial and Office building in the Foothills District Sold

Significant industrial footprint in a robust Calgary industrial market

Icon Business Park, a 762,065 SF facility that sits on an expansive 46.3 acres of land, is an award-winning asset situated within the Foothills district, one of the most desirable employment centres in Calgary. With convenient access to major highways and transit that provides direct local and regional access, Icon Business Park provided an investor the opportunity to gain a significant industrial footprint into a robust Calgary industrial market. The Property offered a diverse roster of multi-national tenants with strong tenant covenants. The Property had undergone a significant multi-million dollar repositioning program which had transformed the asset into a highly functional, multi-tenant facility.

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For More Information, Please Contact:

Bill Pitt

Senior Vice President, Broker | National Investment Team | Canada

Toronto Downtown

Bill has worked as a Broker in the commercial real estate industry for 25 years. His original area of focus was the sales and leasing of industrial buildings in the Toronto region. Bill initially specialized in large dispositions and design building transactions. 10 years ago, Bill helped form and took a partnership role in creating Colliers first Industrial Investment Team. Last year, as a result of clients’ needs, Bill expanded his service offering to include office and retail transactions. Bill is now a partner in Colliers Capital Markets Team servicing clients in all asset types across the country.

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John Stewart

Senior Vice President, Broker | National Investment Team | Canada

Toronto Downtown

John Stewart is Senior Vice President, Capital Markets, Canada where he is responsible for the origination and execution of institutional investment property brokerage transactions on a national basis.

Prior to joining Colliers International, John was Vice President in the Real Estate Investment Banking Group at BMO Capital Markets.

John is also an active member of the Greater Toronto NAIOP Chapter holding a position on the Board of Directors as Co-Chair of the 2020 Sponsorship committee.

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Scott Chandler

Senior Vice President, Broker | National Investment Team | Canada

Toronto Downtown

With over 30  years’ experience in commercial real estate, Scott has worked across Canada on all asset types providing all aspects of investor services.

Prior to joining Colliers International Canada, Scott was President & CEO of the Canadian operations of Cushman & Wakefield Ltd. after previously leading its national Valuation and Advisory group.  His experience also includes tenure as a Director at Scotia Capital where he led real property brokerage and advisory for the investment bank. 

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Matt Binfet

Executive Vice President

Calgary - Southeast Industrial Office

Matt Binfet is an Executive Vice President and Partner with Colliers International, and a member of the Industrial Services Team. Matt has been serving the Calgary industrial marketplace for more than 25 years and has consistently been one of the top commercial real estate brokers in Canada. Matt has been inducted into the Colliers Everest Club, which recognizes the performers in the 10th (top) percentile in Brokerage, Valuation, and Corporate Solutions across the Americas, who demonstrate a dedication to service excellence and building long-standing and valued client relationships. He has primarily focused his efforts on tenant representation and year after year is involved in many of the largest transactions in the City of Calgary. Matt has an established list of clientele who refer to him regularly for advice and transactional services.

Matt’s broad experience and professional approach enables him to work successfully with diverse industries and individuals, solving specific problems, and meeting his clients’ objectives.

Specializing in tenant representation has given Matt a unique skill-set and an ability to creatively maximize value in each transaction. He will spend extensive time getting to know each tenant’s business and real estate requirement, in order to become an extension of their organization and to be able to effectively negotiate on their behalf. Matt’s experience provides value to clients far beyond basic real estate fundamentals and gives tenants a competitive advantage in negotiations with landlords.

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Paul Marsden

Executive Vice President | Partner | Industrial Sales & Leasing

Calgary - Southeast Industrial Office

Paul Marsden is an Executive Vice President & Partner of the Colliers Calgary operations.  In his day-to-day efforts he focuses on the Calgary industrial real estate market, specializing in tenant and user representation.  Throughout his career Paul has established a strong reputation for evaluating the current market conditions and in-turn strategizing to best serve his client’s requirements.  In conjunction with his team, they have completed 18.1m sf of transaction and nearly 1,000 acres of land sales over the past 5 years, representing approximately $1.45b in transaction value. 

Beyond brokerage Paul has an active role on the Board of Director for the Colliers Calgary operations, and he takes pride in seeing both the development of the people within Colliers, and the overall growth of the company. 

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Neil Ferris

Senior Vice President | Partner | Industrial Sales & Leasing

Calgary - Southeast Industrial Office

Neil has consistently proven his ability to strategically focus and find solutions for unique properties.  His understanding and ability to provide guidance in underwriting has delivered proven results.  Neil’s primary focus is in representing landlord, developers and investors.  Neil has over 20 years experience in brokerage and has been instrumental in finding opportunities for developers and investors. 

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Josh Magnussen

Vice President | Partner

Calgary - Southeast Industrial Office

Josh Magnussen is a Vice President and Partner in the Colliers International Calgary Brokerage group. Over the past 8 years Josh has focused exclusively on industrial real estate in the Alberta market.  Josh works closely with a team of agents and support staff to ensure his clients receive unparalleled service on all fronts.

Josh focuses his day to day business servicing the needs of occupiers seeking lease relocation, lease renewal, property purchase and property sale services. Josh also works closely with the property ownership community listing property for key developer and landlord clientele.  

Josh has completed a variety of transactions ranging from 1,500 square feet to over 300,000 square feet and prides himself in providing the same level of service regardless of the size or nature of the transaction. 

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Matt Lannon

Vice President

Calgary

Matt has 14 years of commercial real estate experience focusing exclusively on leasing and owner/occupier sales in
the Calgary Beltline and Suburban office markets. He has vast experience dealing with numerous types of leasing
situations for both local and international corporations. This includes lease transactions from both the tenant and
landlord perspective, subleasing and assignment, lease surrender, renewal, expansion and contraction. His experience
and solid educational background give him strength in communication, negotiation and financial analysis that is used
to provide information and advice that his clients rely on to make informed and educated decisions.

 

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