Patrick Nugent

Partner

Toronto
416.947.5035

Patrick Nugent

Patrick Nugent practises all aspects of commercial real estate and land development.

Patrick’s practice focuses on commercial real estate and development where he acts for and advises a variety of clients in complex commercial and industrial real estate acquisitions, dispositions and financings. Patrick also provides advice to clients on land development and assists clients with the creation of co-ownership, joint venture and limited partnership structures for the acquisition, construction and development of land.

Patrick has acted as in-house counsel to a major retailer and land developer. Patrick joined WeirFoulds LLP in 2005 after working for another Toronto firm where he had a broad based corporate practice which included franchising, leasing, land financing, mortgage enforcement and commercial real estate.

    Significant Transactions

    Acquisition and financing (including mortgage assumptions) of a portfolio of fifty-nine industrial tenanted properties in Ontario with a combined value of $360,000,000 for a REIT

    Sale and lease-back of six retail properties with a combined value of $30,000,000 in connection with the re-development of a portfolio located in Toronto and Ottawa.

    Acquisition and financing of a portfolio of 16 industrial tenanted properties in Alberta and Ontario with a value of approximately $70,000,000

    Acquisition and financing of a variety of industrial tenanted properties with a combined value of approximately $67,000,000for a REIT.

    Acquisition and financing of Deerhurst Resort in Huntsville, Ontario, for Skyline Deerhurst Resort Inc.

    Acquisition and related financing of iconic downtown Toronto hotel, Le Meridien King Edward.

    $65M loan financing of a portfolio of Canadian industrial properties with Wells Fargo Financial Corporation Canada.

    $98.8M acquisition of Airport Corporate Centre Real Estate Portfolio by The Azrieli Foundation from GE Canada Real Estate.

    The development of Filmport in the Portlands by Toronto Economic Development Corporation which included acting on behalf of TEDCO, as landlord, in respect of a $28.5M ground lease construction financing with GE Canada.

    $30M purchase by Giffels of industrial lands from Ontario Realty Corporation.

    Acquisitions and dispositions of land for a major land development company worth approximately $72M.

    Called to the Bar
    • Ontario (1999)
    Education
    • LL.B., Osgoode Hall Law School, 1997
    • B.A., York University, 1994

      In the Media

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