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June 29, 2012

Toronto retail developer Villarboit raises $85 million

Villarboit Retail Development Corp. of Toronto recently anounced it has raised more than $85 million to fund the development of what it calls a “Class A retail portfolio.”

In a press release, the firm stated it raised the money from an unnamed institutional investor plus “high net worth” individuals.

It has 1.4 million square feet of properties in various stages of development, leasing and construction.

Current projects include the 230,000-square foot Brookdale Center at Highway 401 and Whites Road east of Toronto in Pickering, the 400,000-square-foot Villamark Crossing north of Toronto in Markham and the 109,000-square-foot Brookdale Square in Cornwall.

Daily Commercial News subscribers may view more information on Villarboit Retail Development Corp. and its construction projects by viewing company ID 237129 in Reed Construction Data Canada Building Reports.

If you are not already a subscriber, you can be by filling out the form at this web page. Building Reports are published daily in Daily Commercial News and are available online to subscribers. See the Daily Top 10 for a sample of the information available.

To learn more about construction project leads from Reed Construction Data, fill out the web form at this web page.

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