M&M Food Market | 2240 Argentia Rd

Head Office Relocation
High parking requirement
Company Rebrand
Toronto-Waterloo Corridor

23,065 SQ. FT.

Tenant Representation
Relocation Services
Market Research


M&M Food Market was based in Kitchener but had been purchased by owners including a venture capital group based out of Toronto and a national pension fund who wanted to grow the business and attract a new generation of employees by reinvigorating the brand. It was decided relocating to the Greater Toronto Area was the best solution and the preferred location was a former industrial building converted to flex office space that had sat vacant for 3 years – that was also owned by pension fund who also had an interest in the company. The difficulty was obtaining a market-leading financial package for a client that was owned in part by the landlord of the preferred building.


After touring all applicable options between Highway 427 and Winston Churchill Boulevard a detailed request for proposal was run to a short list of 5 properties to establish a basis for negotiation.


The client was able to obtain inducements and achieve financial terms that set a new low watermark for Net Effective Rents (NERs) in the market that satisfied both the tenant and its ownership team.

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Case Studies