11 Plymouth Street

The opportunity

On behalf of our client, the Cushman & Wakefield | Stevenson Investment Team (“CWSIT”) is pleased to market for sale a 100% freehold interest in 11 Plymouth Street in Winnipeg, MB (the “Property”), a fully renovated industrial building leased to Amazon Canada Fulfillment Services, ULC, a wholly-owned subsidiary of the publicly traded entity, Amazon.com, Inc.

The Property presents a purchaser the opportunity to acquire a highly-coveted industrial asset leased to an investment grade tenant. Upon the tenant’s lease expiry in December, 2025, there is a significant opportunity for value creation through a mark-to-market lease renewal.

This 113,310 sq. ft. single–storey (with a two-storey office portion) industrial building is located within Inkster Industrial Park, northeast of the intersection between Plymouth Street and Burrows Avenue. Inkster Industrial Park is Winnipeg’s second largest city-developed master planned industrial park strategically located within the northwest quadrant of Winnipeg, closely linked to all major transportation routes and in close proximity to James A. Richardson International Airport.