Mr. Clarke has almost two decades of experience focusing primarily on development sites with a secondary concentration on office/retail assets in Toronto and surrounding markets. In the last 6 years with Lennard, he has transacted on a number of central Toronto mid-rise/high-rise sites in addition to larger scale subdivision parcels in newer periphery markets, such as Vaughan. During such time, he established a strong reputation amongst clients and colleagues. His in-depth understanding of the development process and the lease document along with the marketing and branding of an asset contributes to his strong advisory role with his clients.
He has transacted on over $1 billion dollars in infill development lands and mid-market office assets and has built an extensive distribution network of public/private investors.
Outside of the office, David is accomplished musician, singer/songwriter, having played guitar, vocals and other instruments since the age of 10. He is an avid tennis player, snowboarder/skier and a member of the Toronto Lawn Tennis Club and of the Beaver Valley Ski Club.
EXPERIENCE & CAPABILITY
- Disposition Strategy / Marketing of Development Parcels
- Land Assembly for the purposes of high-rise, mid-rise and low-rise yield
- Asset Positioning
- Acquisition & Disposition due diligence
- Market commentary
- Financing and debt strategy
- Leasing strategy and execution
NOTABLE ASSIGNMENTS & CLIENTS
1161 Kingston Road - Joint Venture (Windmill Developments)
133 John Street - development parcel/retail cap rate transaction;
3911 & 0 Teston Road – 50-acre low-rise sub-division site, Vaughan, ON
1401 Bloor Street West – 1-acre mid-rise condominium site, Parkdale, Toronto
1078 St Clair / 169 Lauder – mixed use muliti-res/retail asset for redevelopment, Midtown
485 Logan Avenue – development parcel located in Leslieville
336 Queen Street W (Former Le Chateau building)
53 Ontario Street / 102 Berkeley Street (Purchaser & Vendor Representation)
Downtown East Land Assembly (431, 455 Richmond East, 75 Ontario Street, 53 Ontario Street and 102 Berkeley Street)
Camden Street Land Assembly (8, 12, 14-16 and 45 Camden Street)
Head Office/ Production Facility Acquisition – 110 Adelaide Street East
Geminare Cloud Enablement – Office Building Disposition – 277 Richmond Street West
City TV/Rogers Media Production Facility– 35 Dundas Street East (Part of sales team)
Land Disposition – 231 Adelaide Street East
City of Toronto – Disposition – 11 Spadina Road
