CT Bakery Inc.

In 2020, the Covid pandemic was raging, affecting supply chains worldwide. CT Bakery nevertheless remained committed to growing their presence and brand throughout Canada. To achieve their goals, CT Bakery would have to expand their operations and secure an additional facility in the GTA West region. The facility was to be used for large scale warehousing, manufacturing, and distribution of ready-to-eat and frozen baked goods.

Jesse Micak and Aaron Enriquez were mandated by CT Bakery to find and secure a lease for a facility that already possessed the infrastructure needed for its intended purpose.

The team immediately commenced an extensive search for both off/on market opportunities in the neighboring GTA area (close to CT Bakery’s Etobicoke headquarters). Facilities that possessed existing freezer/cooler infrastructure, floor drains, and food manufacturing equipment were pursued aggressively in the search.

After several buildings and aggressive negotiations, we found the perfect building (50,000 SF) for CT Bakery. A significant amount of rent abatement was achieved in a facility that was already built out with drains, food equipment and freezer/cooler space.

While maximizing leverage with the landlord, CT Bakery also maintained negotiations with the previous tenant in the space to absorb their pre-existing temperature-controlled infrastructure and food-related manufacturing equipment. This allowed CT Bakery to seamlessly move into the space with little to no improvements, kick starting their operation.