Hullmark have acquired the property at 147 Spadina Ave, NE corner with Richmond. Based on the commentary within their IG post, looks like they see this as a future redevelopment site:
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Hullmark is pleased to announce the successful closing of 147 Spadina Avenue, Toronto, ON. Located on the bustling corner of Spadina Avenue and Richmond Street West, this 0.3 acre re-development site is the newest addition to Hullmark's growing portfolio.
Closing date: January 2021
Major Intersection: Spadina Avenue & Richmond Street W
Lot Size: 0.3 acres
Frontage: 115 FT
Depth: 102 FT
Building Size: 20,000 SF