Barometer - property advice that gives you an advantage

Kia

Kia arrived in Canada only five years earlier, and had already created a commanding presence. It is the world’s eighth largest vehicle manufacturer and Canada’s fastest growing automotive company. Along with growth came the inevitability for a new Canadian Head Office and Distribution Centre. Savills Studley responded to Kia Canada’s call to be its real estate advisor.

The Challenge

Kia’s objectives for this project were: (i) to move to a facility that would be capable of accommodating its growth over the next several years, and (ii) to strengthen its Canadian corporate image.

Savills Studley’s Response

After an extensive search for a pre-existing facility for Kia, it became apparent that the best possible solution was to have a facility custom-built that would respond completely to their very explicit needs.

The Solution

Kia’s two objectives were met. Its new facility was constructed on land facing the south side of Highway 401 (just west of Hurontario St. in Mississauga, ON). The building’s façade incorporates a prominent showroom adjacent to main reception.

To realize the perfect equivalence of the most favourable rental rates with the most state-of-the-art facility possible, Savills Studley launched a process in which several developers/landlords “bid” for Kia’s tenancy from an extremely detailed architectural spec. Kia moved in on time and on budget in January, 2005.

Related Services

 
 
 

Key contacts

Stan Krawitz

Stan Krawitz

Vice Chairman – Founder, Head of Canada

Savills Toronto

+1 416 480 0745 Ext. 3030

 

Ken Norris

Ken Norris

Senior Vice President, Branch Manager – Ontario Office

Savills Toronto

+1 416 480 0745 Ext. 3047

 

Client Testimonial