The old CIBC branch at 180 Laird Dr. (at McRae Dr.) has been sold after about three months on the market. It was listed at $1.9 million but a source at the listing firm CBRE Group Inc. said it sold for well over that amount. As is expected in such maters, there is secrecy around who purchased this interesting place, right at a choice corner in Leaside. That information will be available after the transaction is reported to the Multiple Listing Service (MLS) and that should be by February 1, 2013. Then we will ask how the location is to be used. As previously posted in October, 180 Laird is a two a storey building dating perhaps from the 1930s. It has 18-odd parking spaces. There are about 3,000 square feet downstairs and 2,000 square feet upstairs. It is across the street from the SmartCentre. Planners have noted that if this building were removed it would permit a much smoother flow of traffic through the Laird, McRae, Wicksteed intersection. Over the front door the property comes with a very nice coat of arms in concrete of the now defunct Imperial Bank of Canada. Imperial and the Canadian Bank of Commerce merged in 1960. Incidental to the agent, CBRE Group, Inc. is a Fortune 500 and SP 500 company headquartered in Los Angeles. It is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The company has approximately 34,000 employees (excluding affiliates) and serves real estate owners, investors and tenants/lessees through more than 300 offices (excluding affiliates) worldwide. In past times, the initials in its name have stood for Coldwell and Richard Ellis but it is unclear if they have any official relation to the name today. With Wikipedia180 Laird Drive sold for “well over list price”
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The old CIBC branch at 180 Laird Dr. (at McRae Dr.) has been sold after about three months on the market. It was listed at $1.9 million but a source at the listing firm CBRE Group Inc. said it sold for well over that amount. As is expected in such maters, there is secrecy around who purchased this interesting place, right at a choice corner in Leaside. That information will be available after the transaction is reported to the Multiple Listing Service (MLS) and that should be by February 1, 2013. Then we will ask how the location is to be used. As previously posted in October, 180 Laird is a two a storey building dating perhaps from the 1930s. It has 18-odd parking spaces. There are about 3,000 square feet downstairs and 2,000 square feet upstairs. It is across the street from the SmartCentre. Planners have noted that if this building were removed it would permit a much smoother flow of traffic through the Laird, McRae, Wicksteed intersection. Over the front door the property comes with a very nice coat of arms in concrete of the now defunct Imperial Bank of Canada. Imperial and the Canadian Bank of Commerce merged in 1960. Incidental to the agent, CBRE Group, Inc. is a Fortune 500 and SP 500 company headquartered in Los Angeles. It is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The company has approximately 34,000 employees (excluding affiliates) and serves real estate owners, investors and tenants/lessees through more than 300 offices (excluding affiliates) worldwide. In past times, the initials in its name have stood for Coldwell and Richard Ellis but it is unclear if they have any official relation to the name today. With Wikipedia