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MOTHER-DAUGHTER OAKLEY TEAM GETS DEALS DONE

Mother-Daughter Oakley Team

Mother-Daughter Oakley Team

According to a recent Juteau Johnson Comba newsletter “Of Capital Interest” - JJC Feb 2014 Newsletter we have a pair of superstars on our hands here at Primecorp!

The Mother-Daughter team of Aaida Oakley and Johanna Oakley in fact had a very successful month of December last year. Their momentum is unstoppable and Primecorp is proud to call them their own.

The Oakley team closed three deals in December 2013, in addition to many other transactions throughout the year. Their focus is mainly Ottawa Region mid-market commercial assets whether they are office buildings, retail buildings or multi-residential investments. As their track record shows, the Oakley Team can successfully match buyers and sellers.

OFFICE - In terms of office assets, the Oakley team sold three one-storey office buildings located at 2081 Merivale Road in Ottawa’s South end for $2,825,000. The buildings were 34% vacant at the time of sale and were purchased for partial owner occupancy.

RETAIL - December’s biggest retail deal was also brokered by the Oakley team. 470 Charlemagne Boulevard was sold for $4,500,000. This single-storey retail plaza in Orleans houses quality tenants such as Bank of Nova Scotia, Home Hardware and others.

MULTI-FAMILY - Another notable sale by the duo is the purchase of 39-85 Costello Avenue at $2,500,000. This multi-residential asset consists of 24 townhouse units and is located in the Baseline at Greenbank area.  Some are three-bedroom and some four-bedroom units while there is ample on-site parking and a garage structure available to tenants.

Another interesting fact pointed out by the Juteau Johnson Comba newsletter, is that our Father-Daughter team of Steve Lerner and Candice Lerner-Fry brokered the second most significant retail sale in Ottawa in December 2013 as they successfully sold 2003 St. Joseph Boulevard in Orleans for $2,050,000.

Primecorp is not a family business per say, but we do seem to have proven old school values, good quality people… and family on our side.

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