Login

Danier Leather Sells Head Office for $12 Million

Danier Makes Leaseback Deal to Resolve Debt
By Ms. Dominique A. Scott
November 3, 2015 | 1:29 P.M.

Danier Leather closed a deal for the sale of its head office at 2650-2672 St. Clair Ave. W. in Toronto to Dunpar Developments for %12 million, or approximately $94 per square foot. The deal included net proceeds of $11.6 million and a seven-year leaseback term with Danier, which will be responsible for all property expenses.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In