Situation Overview
Keen-Summit Capital Partners LLC has been engaged by Lockwood Holdings, Inc. (“Debtors”), as exclusive real estate broker for the sale of 182 Turbo Drive, Sherwood Park, Alberta; 499 Gladwish Dr., Sarnia, Ontario, Canada; and 66.72 acres at E. Sam Houston Parkway No., Houston, TX.
Lockwood - Notice of Successful Bidders
Lockwood - 18-30197 Notice of Sale Hearing
Lockwood - Bidding Procedures Motion
Lockwood - Bidding Procedures Order
Lockwood Non-Disclosure Agreement (For access to the data room, complete the NDA and send the executed copy to Heather Milazzo)
Purchase and Sale Agreement - Beltway (Houston)
Schedule B to Lockwood Ontario Contract
Purchase and Sale Agreement - (Alberta) v3
Distribution Centers
1) 182 Turbo Drive, Strathcona County, Alberta, Canada
- Property consists of 2 distribution/warehouse facilities totaling 147,150 SF (13,900 SF office)
- Recently built–2001&2014
- Bldg 1: 3 x 1-ton jib cranes & 400 amp electrical
- Bldg 2: 3 x 10-ton, double rail Kone cranes (full length), 600 amp electrical
2) 499 Gladwish Drive, Sarnia, Ontario, Canada
- 25,700 square foot distribution building with 3,200 SF office
- Built in 2003
- Strategically located for maintenance and support of the Ontario petro chemical industry
Commercial Land
3) SEC of Beltway 8 & South Lake Houston Parkway, Houston, TX
- Approximately 66.79 acres
- Excellent development opportunity, surrounded by FMC Technologies’ 173 acre corporate headquarters, Generation Park, a 4,000 acre master planned park
- Surrounded by master planned communities causing rapid density growth
