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January 5, 2021 by

Ashley has represented my company and I in 4 real estate transactions in recent years. The first transaction, in 2018, was for a small aggregate vacant land parcel that we were able to secure with only a few bumps along the way. Ashley was able to work through this transaction to finalize it fairly easily and quickly.

The real challenge was throughout the better part of 2020 and the global Pandemic. Ashley was working with a national charity client to sell their current building and help them relocate within the city. Space was limited, and options were scarce, so locating a new storefront / office proved difficult. After months of researching, she successfully located a suitable potential off market location for the Tenant. As she was aware that I was looking to expand my investment portfolio, Ashley approached me with the strong business case to make an offer. 

The building was owned by a national, Board governed firm and, throughout, negotiations were challenging. The Seller needed to achieve a set price, by a set date, and needed to negotiate a leaseback for a portion of the building. The onset of COVID only complicated the process further. As the value in the opportunity was worth working through, Ashley stuck it out and worked through several obstacles creatively to get to a firm deal. After 8 months of correspondence, not only did Ashley, with Shannon’s assistance, manage to navigate to completion of the purchase AND leaseback with the Seller, but also secured two leases, including her national charitable tenant into the new space for a 10-year lease, creating a strong addition to my portfolio and a great relationship for future projects.

I would not hesitate to recommend Ashley and the Squarefoot Commercial Group for any commercial real estate project that may need undertaking. The quick, creative thinking, attention to detail and education between these ladies becomes obvious and invaluable almost immediately.

Squarefoot Commercial Group

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241 Minets Point Road,
Barrie, Ontario
L4N 4C4

705-735-2246

hello@squarefoot.ca

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