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Client Work

Carttera Management Inc. acquires 677 Burloak Drive, Oakville, Ontario for development as an industrial site encompassing two buildings

Fasken
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Overview

Client

Carttera Management Inc. and Burloak-Wyecroft Road LP

In December 2021, Fasken advised Carttera Management Inc. ("Carttera") on its acquisition from 677 Burloak Limited Partnership of vacant land, municipally known as 677 Burloak Drive, Oakville, Ontario (“the property”), for development as an industrial site encompassing two buildings ranging from 60,000 - 200,000 square feet.

In February 2022, Fasken advised Burloak-Wyecroft Road LP with respect to a C$60 million mortgage loan from The Bank of Nova Scotia on security of the property.

Fasken advised Carttera and Burloak-Wyecroft Road LP with a team comprised of Allyson Roy, Harry Bhandal and Joanne Meadowcroft (Paralegal/Law Clerk).

Jurisdiction

  • Ontario

Team

  • Allyson Roy, Partner, Toronto, ON, +1 416 865 4371, aroy@fasken.com
  • Joanne Meadowcroft, Paralegal/Law Clerk, Toronto, ON, +1 416 865 5400, jmeadowcroft@fasken.com