Verus Partners
Valvoline Oil
Grasslands Logistics Centre
Magellan Aerospace
Airport Commerce Center
Mercy Health Corporate Office
Rockyview Business Park

Valvoline Oil
Lexington, Kentucky

On March 1 2017, Verus Partners completed this 162,400 SF, four-story Class “A” office facility in Lexington, Kentucky for Ashland, Inc. The project serves as the new corporate headquarters office for Valvoline, incorporating additional office areas for Ashland, Inc. The project features an architectural precast/glass exterior in a splayed layout with an open floor plan and narrow floor plates to create a dramatic sense of entrance for both employees and visitors. The entrance to the building welcomes guests with a contemporary lobby displaying Valvoline’s vintage automobile collection.

The building was constructed to the latest energy code standards and the architecture allows for daylight access for all building employees. Amenities in the building include a large employee servery/cafeteria and a large scale fitness center with access to an outdoor terrace overlooking a preserved, tree-lined landscape.

Grasslands Logistics Centre
Calgary, Alberta

Grasslands Logistics Centre (GLC) is situated in the desirable district of Great Plains in Calgary, Alberta. This exceptional location provides immediate access to major thoroughfares including Glenmore Trail, Stoney Trail and 52nd Street SE. GLC’s prime location also offers close proximity to commercial services, restaurants, city transit and the CP intermodal yard. The total site is 11.6 acres with a build to suit office area, up to 50 dock door positions, drive in door opportunities, 63 trailer parking stalls and up to 214,112 SF available for lease. Grasslands Logistics Centre is owned and managed by Morguard Investments, asset manager for the Province of Manitoba Civil Service Superannuation Plan.  Verus Partners Canada is the development manager.  The leasing agent is Cushman & Wakefield (Calgary). 

Click here to view site plan

Magellan Aerospace
Mississauga, Ontario

Alberta Investment Management Company (AIMCo) and Crestpoint Real Estate Investments Ltd entered into a joint venture to acquire and develop a land parcel totaling approximately 45 acres located at 3160 Derry Road, Mississauga, Ontario. The initial phase of the project is a build to suit facility for Magellan Aerospace Corporation including a 220,000 SF office, manufacturing, testing and warehouse facility. Verus Partners Canada Ltd and Edev Realty Advisors have been retained as the development manager. The current site is a 750,000 SF office and manufacturing plant facility that no longer meets the needs of Magellan. A portion of the existing plant will be demolished to make way for the new facility. Once the new facility is complete Magellan will move its aerospace testing and manufacturing operations from the existing facility, which will be demolished and redeveloped as a master planned office, commercial and industrial campus. The “infill” site is located less than one kilometer from the Toronto Pearson International Airport. The Malton GO Train and Bus Station is located adjacent to the site.

Airport Commerce Center
Louisville, Kentucky

Verus Partners and Molto Properties have successfully completed the development of Airport Commerce Center, a two-building, 1.2 million SF bulk warehouse distribution campus in the Renaissance South Business Park, a 540-acre master planned development located immediately south of the Louisville Airport, home of the UPS Worldport, the largest air cargo hub in the world. The first building was completed in 2015, 100% leased prior to completion and was sold. Building Two was completed in February of 2017, 100% leased to Arvato Digital Services and sold to Clarion Partners.

www.airportcommercecenter.net

Mercy Health Corporate Office
Cincinnati, Ohio

Verus Partners developed this 368,447 SF Class “A” office headquarters facility for Mercy Health on a redevelopment site within the Bond Hill neighborhood of Cincinnati, Ohio. The building serves as the administrative and executive headquarters for Mercy Health, the State of Ohio’s fourth largest employer, consolidating multiple administrative and corporate operations. 

Rockyview Business Park
Calgary, Alberta

Verus and Morguard (asset manager for Canada Post and Hydro Quebec pension plans) acquired 24 acres in Rocky View County to develop, lease and manage three multi-tenant industrial buildings totaling 436,000 SF. Construction of the first two buildings was completed in November 2013, with Building 1 partially leased and Building 2 100% leased. The third building was completed in September 2015 and is available for lease. Rocky View County is situated just north of the City of Calgary, east of QE II Highway and north of the recently completed Stoney Trail (Calgary's ring road).