108 Angeline Street South
This location is ideal for a medical centre, given the fact that it is in close proximity to Ross Memorial Hospital.
The acquisition
Along with 200 Rose Glen, the company also acquired a 29,000-square-foot commercial property at 108 Angeline Street South in Lindsay, Ontario. Upon purchase, the majority of the space was occupied by the Haliburton, Kawartha, Pine Ridge District Health Unit (HKPR), with about 25% of the property vacant, presenting an opportunity to lease the space to medical services and increase the property income and value.
The project
Since the purchase, we’ve made significant improvements to the property to meet our tenants’ requirements and needs. The majority of the property is occupied by the Haliburton, Kawartha, Pine Ridge District Health Unit.
The Result
The value of our Angeline property has already increased significantly since its purchase, especially after leasing the vacant spaces and introducing new services in the centre.
Our strategic investment in the Angeline property has yielded impressive returns. By focusing on leasing previously vacant spaces and introducing a range of new services, we have not only enhanced the property’s value but also transformed it into a vibrant hub for medical services.
Our commitment to capital improvements has played a crucial role in this transformation. Upgrades to the building’s infrastructure, such as modernized systems, improved accessibility, and enhanced aesthetics, have made the Angeline property a premier destination for healthcare providers. These improvements have not only increased the property’s market value but also created a more attractive and functional environment for all visitors.
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