Nicola Real Estate welcomes iA Financial Group as partner in fully leased GTA industrial property

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Postmedia has not reviewed the content. by GlobeNewswire Nicola Real Estate welcomes iA Financial Group as partner in fully leased GTA industrial propertyAuthor of the article:901 Hopkins Street, a newly built, fully leased 293,000-square-foot industrial building in Whitby, Ontario, where iA Financial Group has joined Nicola Real Estate as a partner. GNWJoint venture reflects Nicola Real Estate’s ongoing strategy of partnering with Canadian institutional investors and family officesTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountToronto, ON, Oct. 27, 2026 (GLOBE NEWSWIRE) — Nicola Real Estate is excited to announce a new partnership with iA Financial Group (iA) on 901 Hopkins Street, a fully leased, 293,000-square-foot industrial building in Whitby, Ontario. The property is the first investment between the two firms and marks another institutional investor joining Nicola Real Estate.This advertisement has not loaded yet, but your article continues below.The joint venture pairs Nicola Real Estate’s vertically integrated platform with iA’s institutional investment capabilities, bringing together two established organizations with a shared long-term perspective.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“This partnership speaks to the strength of the property and iA’s confidence in our real estate team,” said Ron Bastin, Managing Director, Nicola Real Estate. “We are pleased to welcome iA, whose standards align closely with our own, and look forward to growing this relationship in the years ahead.”“We are pleased to partner with Nicola Real Estate on this property,” said Claude Sirois, Managing Director, Real Assets and Private Equity, iA Global Asset Management. “901 Hopkins Street provides an opportunity to invest alongside an experienced real estate partner in a modern industrial facility in an important Canadian market, which aligns with our real estate portfolio diversification strategy.A High-quality Industrial Asset in a Strategic Location Completed in 2024, the building sits on a 13-acre site with access to Highways 401 and 412. Its 40-foot clear height, modern loading infrastructure, and efficient specifications are designed for contemporary warehousing and distribution.This advertisement has not loaded yet, but your article continues below.The property reached full occupancy with two tenants in 2025. Its location in the Greater Toronto Area (GTA), one of Canada’s principal industrial and logistics markets, connects tenants to regional transportation infrastructure and a broad base of businesses and consumers.Enduring Partnerships with Canadian Institutional Capital The joint venture continues Nicola Real Estate’s strategy of partnering with Canadian institutions, pension funds, and family offices. These relationships are central to how the firm pursues investment opportunities and builds a diversified portfolio. They span asset classes, markets, and stages of the real estate investment lifecycle, from acquiring and managing established income-producing assets to developing new properties where long-term demand fundamentals support investment.In addition to partnering on industrial properties, such as 901 Hopkins, Nicola Real Estate also partners with institutional capital on purpose-built rental developments in Vancouver and Victoria, contributing to the supply of professionally managed rental housing in British Columbia’s major urban markets.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Nicola Real Estate (NRE) is the in-house real estate team of Nicola Wealth, a premier Canadian financial planning and investment firm with over $17 billion in assets under management as of June 2026. NRE has an experienced and innovative team that sources and asset manages a growing portfolio of properties in major markets across North America. The diversified portfolio includes industrial, self-storage, multi-family rental apartments, retail, seniors housing, and office assets, exceeding $10 billion in gross asset value. For more information, please visit nicolawealth.com/real-estate. Nicola Wealth is one of Canada’s leading independent wealth management firms, managing over $17 billion in assets for high-net-worth individuals, families, and institutions. With advisors across BC, Alberta, and Ontario, the firm provides an institutional-style investment platform offering access to public and private asset classes including real estate, private equity, private debt, and commercial mortgages. For more information, please visit nicolawealth.com.Erika Schade Nicola Wealth media@nicolawealth.com This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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