
First Gulf has continued to execute on its strategic growth and diversification plan with the acquisition of the 24-acre 2395 Speakman Drive in Mississauga.
Located within the Sheridan Research Park, the site is currently improved with a 230,000 sq. ft. life sciences building and has permitted density that would allow for significant potential expansion.
Sheridan Research Park is situated along the QEW, 3 KM from Clarkson GO station and less than 25 minutes away from both Pearson Airport and downtown Toronto.
We have a strong relationship with the City of Mississauga and are delighted by the opportunity to continue our investment there, said David Carreiro, President of First Gulf. We are particularly excited by the prominent location and versatility of this site. The existing building affords us the opportunity to enter the life sciences space, while the broader site allows for significant additional density across several attractive asset classes.
First Gulf will provide additional information about its plans for this site in the coming months.
For more information on this acquisition, or First Gulfs services, please contact Roman Brailovski, Vice President, Strategic Initiatives & Operations at rbrailovski@firstgulf.com or 416-773-7060.
About First Gulf
First Gulf is an award-winning leader in the development of office, industrial, mixed-use and retail properties with developed assets of over $4 billion completed since the companys inception in 1987. First Gulf is a fully integrated development company and is involved in all aspects of real estate development, from land acquisition and planning approvals to design-build, construction, leasing, financing and property management. To date, First Gulf has developed and constructed over 30 million sf of office, retail, and industrial real estate. First Gulf is part of the Great Gulf Group, one of North Americas premier real estate organizations. Established in 1975, with major projects in Canada and the United States, the Groups fully-integrated activities span the entire real estate spectrum.
Media Contact
Andy Gibb
416.773.7157
agibb@firstgulf.com
Middle East Stories
16/03/2023
ABU DHABI, UAE March 16, 2023 Al Yah Satellite Communications Company PJSC (...
15/03/2023
Abu Dhabi, 15 March, 2023 : Advanced new tactical radio solution addresses exis...
15/03/2023
Abu Dhabi, 15 March, 2023 : Advanced new tactical radio solution addresses exis...
01/03/2023
MoU signed between national leaders at IDEX 2023 to build on Yahsat's system...
28/02/2023
Key financial guidance targets met or exceeded
Contracted future revenues of AED 7.3 billion [USD 2.0 billion]
Equivalent to 4.6 times annual revenue
Robust...
23/02/2023
The strategic partnership is aimed at building and operatingstrategic earth obse...
22/02/2023
Collaboration between two national industry leaders to expand services for UAE and MENA region airborne market creating a one-stop-shop for relevant platform ...
17/02/2023
The successful completion of the Critical Design Review is a key milestone in th...
17/02/2023
Abu Dhabi, 17 February, 2023 : Abu Dhabi, United Arab Emirates, 17 February 202...
17/02/2023
Abu Dhabi, 17 February, 2023 : Abu Dhabi, United Arab Emirates, 17 February 202...
15/02/2023
Toronto-based real estate company branches out from traditional asset classes with multiple innovative developments
Roman Brailovski, Vice President, Strategic...
15/02/2023
Partnership demonstrates collaboration between two leading national champions that will support the national space sector for both government and commercial cus...
11/01/2023
The game-changing solution, Thuraya MarineStar, from Yahsat's mobility arm T...
11/01/2023
Abu Dhabi, 11 January, 2023 : The game-changing solution, Thuraya MarineStar,...
11/01/2023
Abu Dhabi, 11 January, 2023 : The game-changing solution, Thuraya MarineStar,...
23/12/2022
Yahsat's mobility solution Thuraya XT-LITE was utilized to save the lives of seven fishermen who were stranded in waters between the Philippines and Ind...
23/12/2022
Manila, 23 December, 2022 :
Yahsat's mobility solution Thuraya XT-LITE was utilized to save the lives of seven fishermen who were stranded in waters...
08/11/2022
Exceptional third quarter performance
Abu Dhabi, United Arab Emirates, 8 Novem...
07/11/2022
Partnership to support Abu Dhabi based startups with commercial opportunities to...
11/10/2022
Thuraya, Yahsat's mobility business, signs complementary commercial agreement to develop a Next Generation IoT Platform with eSAT Global
Investment in eSAT...
11/10/2022
Abu Dhabi, 11 October, 2022 : Thuraya, Yahsat's mobility business, signs complementary commercial agreement to develop a Next Generation IoT Platform with ...
21/09/2022
Yahsat is on track to deliver an increased total dividend of at least AED 393.3 ...
01/09/2022
Pledge seeks to increase engagement from the private sector and companies in the pivot towards decarbonization
21 leading companies across the UAE joined the P...
09/08/2022
Abu Dhabi, United Arab Emirates, 9 August 2022: Al Yah Satellite Communications ...
04/08/2022
We are proud to announce that Toronto City Council has approved First Gulfs new King East Centre development. Located along Front Street East and Princess Stree...
20/07/2022
We are proud to announce that Toronto City Council has approved First Gulf's new King East Centre development. Located along Front Street East and Princess ...
01/07/2022
In his new capacity, Sulaiman Al Ali will lead both YahClick, Yahsat's data ...
01/07/2022
Abu Dhabi , 01 July, 2022 :
In his new capacity, Sulaiman Al Ali will lead b...
01/07/2022
Abu Dhabi , 01 July, 2022 :
In his new capacity, Sulaiman Al Ali will lead b...
01/06/2022
Abu Dhabi , 01 June, 2022 : New office opened in Singapore as part of the festivities
Thuraya, the mobility solutions subsidiary of the UAE's flagship sat...
01/06/2022
Mississauga, ON (June 1, 2022) First Gulf Corporation ( First Gulf ) has par...
11/05/2022
1Q22 revenue of AED 362.5 million [USD 98.7 million], up 9.4% year-on-year
1Q22 Adjusted EBITDA of AED 213.4 million [USD 58.1 million], up 6.8% year-on-year ...
05/05/2022
The partnership acquired the 13.4 acre site to develop small-bay industrial cond...
29/04/2022
Yahsat has been appointed to enable UAE Government platforms with a satellite co...
12/04/2022
All resolutions approved at AGM including amendment to dividend policy allowing ...
08/03/2022
MoU signed to collaborate on line-fitting unmanned vessels and pre-qualifying Ya...
07/03/2022
Yahsat and Edge have agreed to line-fit pre-qualified Comms-On-The-Move (COTM) s...
01/03/2022
FY2021 revenue of AED 1.49 billion [USD 407.6 million], increased year-on-year driven by exceptional 4Q21 performance in which revenues grew 7.9% vs. prior year...
28/02/2022
Abu Dhabi , 28 February, 2022 :
The new solution will provide users the abil...
24/02/2022
Abu Dhabi, 24 February, 2022 :
Thuraya and Delnet are bringing game-changing...
14/02/2022
Yahsat will provide managed services for ground satellite communications services and solutions for the next 5 years
Agreement represents an important mileston...
03/02/2022
Yahsat will deliver advanced and secure satellite communication solutions
Yahs...
26/01/2022
First Gulf has continued to execute on its strategic growth and diversification ...
13/01/2022
Abu Dhabi , 13 January, 2022 :
Thuraya signs service partner agreement with ...
13/01/2022
Abu Dhabi , 13 January, 2022 :
Thuraya signs service partner agreement with ...
20/12/2021
Abu Dhabi, 20 December 2021: The collaboration between Emirates Schools Establis...
26/11/2021
Yahsat will provide advanced telecommunication services and solutions to integra...
25/11/2021
Abu Dhabi, 25 November, 2021 :
Yahsat will provide advanced telecommunicatio...
25/11/2021
Abu Dhabi, 25 November, 2021 :
Yahsat will provide advanced telecommunicatio...
23/11/2021
Cobham SATCOM to be appointed as the main distributor, on a non-exclusive basis,...