451 Phillip Street

Previously the main BlackBerry manufacturing plant; upon BlackBerry’s departure we closed the factory, removed the equipment and repurposed the 215,000 sq. ft. building for high end creative office use, which was new to Waterloo; we created a large landscaped courtyard in the center of the structure; the high ceilings and open plan layout allowed us to accommodate a variety of users at record rents for greater Waterloo; the asset was sold prior to completion with several major leases pending that would bring occupancy above 90%.