Cranson Capital Securities Raises $4.25M for Plaza Partners - 1095 Kingston Road Limited Partnership

TORONTO, August 4, 2023 – Cranson Capital Securities Inc. is pleased to announce the closing of a $4,250,000 offering for Plaza Partners - 1095 Kingston Road Limited Partnership (the “LP”). The funds were raised from accredited investors to acquire an interest in an income-producing commercial property located in Pickering, Ontario.

The LP's objective is to increase the value of the property through continuous retail operations and rezoning for potential future development.

The property is located on Kingston Road adjacent to Highway 401 and offers convenient access to transit and amenities with the Pickering Town Centre and Go Station, a five-minute drive away. Additionally, it is serviced by bus routes on Dixie Road and Kingston Road. The property is expected to benefit from the City of Pickering’s ambitious plan to create a vibrant, transit-supportive community, with a higher density mix of uses along Kingston Road.

“The site is in a great location within the area that has been identified for intensification. Working alongside the experienced management team at Plaza Partners will allow our investors an opportunity to leverage a proven strategy of site selection, land assembly, and re-zoning to create value,” says Devon Cranson, President of Cranson Capital.

Cranson Capital has led $100 million of capital raises in partnership with the Plaza Partners for the acquisitions of seven properties. These investments target strong returns while minimizing risk by focusing on high-quality and well-located assets within the GTA. To learn more about investment opportunities with Cranson Capital, please visit cransoncapital.com.

About Plaza Partners

Plaza Partners focuses on maximizing investor returns by purchasing income-generating assets with medium-term growth potential through rezoning and development. Through deep relationships across the industry, they strive to identify the right opportunities and co-invest with partners who share their vision. They invest in a wide range of asset classes including multi-residential and various commercial sectors.

About Cranson Capital

Cranson Capital is an Exempt Market Dealer specializing in Canadian Private Equity Real Estate. The firm’s offerings include 22 active real estate projects, with a total completion value of over $3B. Cranson Capital is committed to providing investors with the opportunity to build wealth through long-term, private investments.

Disclaimers

This press release contains "forward-looking statements" including statements with respect to the Plaza Partners - 1095 Kingston Road Limited Partnership development, potential returns and appreciation of land values. All forward-looking statements are based on current beliefs as well as various assumptions. By their very nature, forward-looking statements involve inherent risks and uncertainties. Readers should not rely on these forward-looking statements, as a number of important factors could cause the actual outcomes to differ materially. Neither Plaza Partners - 1095 Kingston Road Limited Partnership nor Cranson Capital undertakes to update any forward looking statement, whether written or oral, that may be made from time to time by or on behalf Plaza Partners - 1095 Kingston Road Limited Partnership except as may be required by law. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Plaza Partners - 1095 Kingston Road Limited Partnership.