37 Morton Ave E, Brantford Ontario

37 Morton
DYNAMIS CAPITAL PARTNERS is pleased to announce the sale of 37 Morton Ave E, Brantford ON (“37 Morton”).

DYNAMIS CAPITAL PARTNERS is pleased to announce the sale of 37 Morton Ave E, Brantford ON (“37 Morton”). 

Situated in the Braneida Industrial Park, 37 Morton benefits from a strategic location surrounded by similar industrial uses with immediate access to Highway 403 via the Wayne Gretzky Parkway Highway Interchange. The property boasts a rectangular site with a frontage of 99 feet and a depth of 331 feet, representing a total site area of 0.75 acres.

37 Morton is improved with a well-maintained one-story industrial building with a two-story office/retail component. Originally constructed in 1998, the building area measures approximately 11,000 square feet, the majority of which is warehouse space featuring 21-foot clear heights. The building is constructed with poured concrete foundations, concrete block walls, and a steel roof deck. Demised into two separate units, it offers functional amenities such as a metal sectional overhead door, loading dock, and enhanced office areas.

The Fund originally purchased 37 Morton in March 2021. The impetus for the Fund’s investment was to fulfill a strategic requirement for a related operating business. The investment thesis was based on near-term upside on in-place rents, which was supported by the property’s favorable location, functional building layout, and developing trends in local market rental rates. These, and other factors, made 37 Morton an appealing opportunity for the Fund to gain further exposure to Brantford’s thriving industrial market.

Managing Partner Louis Grilli explains, “The successful transaction aligns perfectly with our unique portfolio strategy. As part of our investment profile, we continuously realign our portfolio to match current and future criteria and dynamic market conditions. In this case, the Fund achieved specific investment goals within a condensed timeframe. Brantford and the surrounding Brant County remain highly attractive markets for us.”