142 Vine Ave (TAS, 3s, ?)

[AlbertC]

TAS in partnership with LaSalle have acquired the current 2 storey building at 142 Vine Ave, a bit west of Pacific in the Junction area. They're looking to upgrade the building, and add a 3rd floor for additional employment type spaces.

LaSalle, TAS in $120M Toronto JV: ‘Core real estate with a soul’

A new forward-thinking joint venture between LaSalle Investment Management Canada’s LaSalle Canada Property Fund (LCPF) and TAS has purchased its first three properties in Toronto for an undisclosed price. The acquisitions represent the first phase of the 50/50 partnership that’s

renx.ca

A two-storey, 19,000-square-foot light industrial property at 142 Vine Ave. in Toronto’s Junction area will be repositioned to an energy-efficient, in-fill flex office asset for commercial, community and arts uses.

Mortazavi said artists and technology startups are already in the building, which offers an opportunity to add density as part of its repositioning. TAS has been active in the Junction for 15 years and is a fan of the neighbourhood.

Commercial 'Community' Hubs Coming to Scarborough, The Junction

Community engagement and eco-consciousness are two pillars of a joint venture that will soon transform select Toronto-area neighbourhoods.

storeys.com

The Golden Mile location will be an 80,000 sq. ft. facility with tentative occupancy slated for some time in the next six to 12 months, while The Junction property is smaller at 20,000 sq. ft. but is nevertheless two or three years away from occupancy because an additional storey will be added.

 

[AlbertC]

Looks like TAS are now trying to sell this property. Being listed at $6.195 million:

https://www.realtor.ca/real-estate/26469788/142-vine-ave-toronto-junction-area