Real-Flex to build multi-use rental facility in Warwick

Real-Flex Business Parks of Montreal is very pleased to announce that a multi-use commercial and industrial rental facility will be built by the firm in the Watford-Warwick Industrial Park. Pending final approvals from the Ontario Power Authority, the new facility will be approximately 23,000 sq. ft. and will feature rental units starting at 1,250 sq. ft. in size. The building will also feature roof-top solar panels that will generate electrical energy under the FIT-Green Energy Act which represents an important environmental conservation.

Real-Flex’s Watford-Warwick project will provide numerous benefits to the community:
• A building designed for rural Ontario’s needs for rental space for smaller industrial and commercial businesses;
• Supports local entrepreneurs in launching and / or expanding their businesses, as well as creating employment opportunities for local residents;
• Brings greater exposure and synergy to the ongoing development of the Watford-Warwick Industrial Park and local businesses.

Warwick Township Council has been working with Real-Flex on this project for approximately one year. The current plan involves developing and leasing the facility by the end of 2012.

Mayor Todd Case stated “the building of the Real-Flex facility in our industrial park will be instrumental in attracting new businesses, employment and property assessment to Warwick, and will significantly enhance the Townships investment – readiness for future economic development opportunities”.  “Real-Flex is excited in bringing this new cost effective, sustainable solution to the Township of Warwick. Given its strategic location by the 402 and near proximity to the U.S. and London Market, we feel our unique dynamic business parks will encourage small to medium sized businesses to establish themselves in the Watford-Warwick Industrial Park.”

Further details on rental information will be released as the project develops over the next few months.

INFORMATION CONTACT:
Jon-Erik Dillon – VP Business Development
(514) 497-7308
jdillon@real-flex.ca

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