Case Studies

Fengate has successfully invested in over 60 real estate assets across North America. Below is a selection of investments made by Fengate in this sector. To review our full portfolio of real estate investments, please kindly contact us or review our leasing opportunities.

Northgate Park  The Northgate Business Park Complex is a multi-phased development, encompassing 7 single-storey, flex office, light industrial/warehouse/logistics buildings, with an additional 20 acres of vacant land for future development. The recently constructed buildings offer all of the modern amenities that environmentally-conscious companies are seeking, with 24’ functional ceilings and abundant natural light. The site is well located within an established industrial sector and features convenient access to major area thoroughfares, namely the QEW and highways 407 and 403.

As the lead developer and asset manager of the entire project, Fengate is responsible for:

  • Development coordination including land servicing, base building construction and interior unit fit out
  • Leasing management, utilizing direct relationships and external brokerage
  • Interim financing for construction and obtaining long-term mortgage debt upon stabilization
  • Providing internal property management services for the site, along with reporting and compliance requirements

The Earth Fresh Foods facility is a recent example of a successful development project at the Northgate Business Park.  A new 60,000 square foot customized facility was built for this Canadian produce company with a dual purpose of warehouse space and a corporate headquarters. See the full project study here.

Office  In 2014, Fengate acquired six Class A Office buildings in the Oakville and Burlington markets. The transaction was the second most important office deal in Ontario during 2014, totaling 785,000 ft2 of office space with a value of over C$200 million. In 2016, a seventh office building in Oakville was added to this portfolio. Fengate acquired the properties on behalf of our institutional investors and is also the asset manager.

These buildings feature:

  • Energy-efficient lighting and HVAC systems
  • Light sensors, Smart water system installed for the exterior landscapes
  • Sufficient exterior parking for employees and staff
  • Building structure is reinforced concrete structure frame
  • Security system with keyless card entry system for after hour requirements
  • Access to QEW, Highways 403 and 407, with amenities such as gyms, restaurants and a cinema.

The acquisition of these office buildings significantly increased the value and profile of Fengate’s office portfolio. Read more.

Oak West  Fengate’s purchase of the lands at 10 Great Lakes Boulevard in June 2015 was as an opportunity to be part of west Oakville’s exciting future growth. The new land – the Oak West Corporate Centre – lies adjacent to the existing Great Lakes Business Park and will continue with the flex office trend. Phase one of the park is slated to consist of two flex office buildings totaling over 71,000 ft2 and one industrial building totaling over 100,000 ft2. Phase two, while yet to be determined, can accommodate approximately 400,000 ft2 with a combination of flex office and service retail.

Fengate is focusing on the development of flex space, which can provide flexibility and the ability to create unique, customized spaces as well as provide a greater density of occupancy. In addition, the amenities nearby, such as the 530,000 ft2 Riocan Centre, provide a well-balanced location for prospective clients.

The addition of Fengate’s Oak West Corporate Centre offers development sites in an accessible and professional setting for those companies seeking a west end location in Oakville.

Visit oakwestcorporatecentre.com for more information.

600 Dieppe  Fengate’s retail property at 600 Dieppe Boulevard was constructed in 2012 on a 1.62 acre site designated for retail and medical office commercial uses. Tenants include Jean Coutu pharmacy as the retail anchor store on the ground floor and four doctor offices on the second floor. The property is fully accessible, including an elevator, and offers excellent visibility on Dieppe Boulevard, with access from Rufin Street. It is a total of 15,005 ft2 with average unit sizes of 1,500 – 7,500 ft2.

The property is conveniently located within walking distance to The Village on Dieppe Blvd. and serves the growing residential community in Dieppe. The Village This is a charming residential and commercial property development located in the northeast area of Dieppe, New Brunswick on a major traffic artery at the heart of a trendy and fast–growing area. It is minutes from downtown Dieppe, close to the Greater Moncton Roméo Leblanc International Airport and Highways 2 and 15. For more information, visit villageondieppeblvd.ca.