MMI Announces Steele Business Park Expansion

MMI Asset Management Ltd. (“MMI”) is thrilled to announce Phase III of their 226,000 square foot state-of-the-art industrial development in CentrePort Canada known as Steele Business Park.

Strategically located along CentrePort Canada Way, Steele Business Park offers unparalleled access to tri-modal transportation via road, rail, and air. The park is named after the Steele family, who are long time landowners and investors in industrial developments at CentrePort.

“The namesake of this project – the Steele family – are crafting a long and meaningful legacy at CentrePort. Steele Business Park is a modern, attractive industrial space that is creating opportunities for businesses to thrive and grow in the tri-modal inland port.” said Carly Edmundson, CEO of CentrePort Canada.

This will be the third and final phase of the Steele Business Park development and will total 80,190 square feet in size. With site work already completed and construction beginning soon, pre-leasing for the (+/-) 6,075 square foot bays has officially begun.  

“With Phase I 100% leased and Phase II more than 85% leased, we’re excited to kickstart Phase III pre-leasing and look forward to welcoming new tenants to Steele Business Park,” shared Martin McGarry, CEO of MMI Asset Management. “Our current tenant mix includes businesses in a variety of industries from brewing companies to manufacturing and everything in between. We’re proud to provide an opportunity for both local and national companies to grow their businesses at Steele Business Park.”