In 2025, Tom Clancy, who is based in Avison Young\u2019s 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.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
These are some of the reasons why Tom Clancy was honored with Connect Canada\u2019s Canadian Transactions of the Year Award for brokering 7550 Kimbel St. The award highlights deals and closings impacting Canada\u2019s commercial real estate sector.<\/p>\n","protected":false},"author":5,"featured_media":371289,"parent":370433,"menu_order":0,"template":"","format":"standard","story-market":[1249],"award_database":[1245,1244],"class_list":["post-370510","awards","type-awards","status-publish","format-standard","has-post-thumbnail","hentry","story-market-eastern-canada","award_database-2026-canadian-transactions-of-the-year","award_database-canadian-transactions-of-the-year"],"acf":[],"yoast_head":"\n