Description

Introducing ACE SITE at 245 Raglan Street, Collingwood - a proposed new three-storey, build-to-suit office development offering the opportunity to create space tailored to your business. Office suites are envisioned from approximately 2,500 sq. ft., with larger suites, full-floor opportunities of approximately 7,000 sq. ft., or multi-floor configurations potentially available, subject to final plans and landlord approval.The landlord is open to discussing customized layouts and tenant improvements, with negotiated construction costs potentially incorporated into the lease. Proposed base delivery includes concrete floors ready for finishing, demising walls drywalled and ready for paint, and HVAC and electrical services brought to each unit but not distributed. Planned features include an elevator, accessible entrances and washrooms, exterior signage opportunities and shared on-site parking.Asking $28.00 per rentable sq. ft. annually, triple net, plus estimated TMI of $10.00 per sq. ft. annually, subject to adjustment. HST, utilities and other applicable tenant costs are additional. Minimum five-year lease term; longer terms may be considered.Construction could begin as early as spring 2027 depending on tenant interest and municipal approvals; occupancy is to be determined. The new building is not constructed and proposed office use remains subject to municipal approval. Building appearance, features, floor areas and configurations are conceptual and subject to final design, approvals and verification.

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