More Regions
2026 Canadian Transactions of the Year
Eastern Canada
- EBlock’s Scott, Chatfield Honoured for Launching Physical, Online Vehicle Auction Centre in Halifax
- Both Forum REIIF, Alignvest Gain From ASH REIT Deal
- Colliers Teams Collaborate with Nokia and Governments on Mixed-Use, 11-Acre Campus
- KingSett Capitalizes on RTO Movement Early with Downtown Montreal Office Acquistion
- Mei Leads Hub City Team to Lease Up Chronically Vacant Duplex
- Boardwalk Excels Beyond its Comfort Zone with Three-Tower Apartment Complex Acquisition in Laval
- Teachers’ Seniors Home Portfolio Investment Pays Off with Sale to Welltower
- Colliers’ Amero and Roquet Large Laval New-Build Industrial Lease Stands Out
- Urbacon Achieves a Series of Firsts with $320M Data Centre ABS Refinancing Deal
- Primaris Uses Creativity to Complete $565M Acquisition of Promenades St-Bruno Mall
- Avison Young’s Clancy Closes Sale of Mississauga Industrial Asset in Under 100 Days
- Alta Canada’s Geller Steps Up to Buy Former Miséricorde Hospital in Downtown Montreal
Avison Young’s Clancy Closes Sale of Mississauga Industrial Asset in Under 100 Days
In 2025, Tom Clancy, who is based in Avison Young’s Toronto West office, closed on the sale of 7550 Kimbel St. in Mississauga, Ont., an 115,000-square-foot industrial building originally perceived as a challenged asset.
Clancy, who is a broker, principal and senior vice-president, brokered the $29-million Mississauga, Ont., asset sale in under 100 days, after it had sat on the market for 475 days with another brokerage firm.
Clancy repositioned the building as a manufacturing facility rather than a warehouse, as it had originally been marketed. He also initiated targeted direct outreach to manufacturing users within a 35-kilometre radius of Mississauga.
The asset was also structured as an owner-occupied investment, which allowed the buyer to occupy a portion of the building and lease the remainder to offset carrying costs.
These are some of the reasons why Tom Clancy was honored with Connect Canada’s Canadian Transactions of the Year Award for brokering 7550 Kimbel St. The award highlights deals and closings impacting Canada’s commercial real estate sector.