Toronto, ON – August 20, 2025 – BGO, a leading global real estate investment manager and provider of real estate services, announced today the successful acquisition of Rockwood Plaza, a 300,000+ sq. ft premier grocery-anchored retail property located at 4141 Dixie Road in Mississauga, Ontario, on behalf of the Prime Canadian Property Strategy.
Strategically positioned at the intersection of Burnhamthorpe and Dixie Road, Rockwood Plaza spans over ~300,000 square feet across 23.7 acres. The Plaza, currently 95% leased, benefits from exceptional connectivity to major transportation routes including Highways 401, 403, 427, and the QEW, and is in proximity to both the Dixie GO Station and Mississauga Transitway.
Rockwood Plaza is anchored by a long-standing Food Basics and well supported by a robust roster of national retailers including Winners, HomeSense, Shoppers Drug Mart, Dollarama, and three major banks. The plaza maintains a strong track record of tenant tenure, with many relationships extending over two decades. The majority of key tenants feature exterior entrances, reinforcing the Plaza’s open-air convenience and neighbourhood-serving appeal.
“This acquisition aligns with Prime’s repositioning strategy, targeting high-quality, income-producing assets with the potential for long-term value creation,” said Simon Holmes, Managing Partner and Chief Investment Officer for BGO Canada. “Rockwood Plaza not only provides a stable income profile and significant future development optionality given its urban location and favourable zoning, it also showcases the strength of BGO’s vertically integrated platform. With BGO Properties, our in-house property management, operations and leasing team, fully embedded in the execution strategy, we are uniquely positioned to enhance performance and deliver enduring value for our investors.”
As part of the Prime Canadian Property Strategy, BGO will execute an active asset management plan at Rockwood Plaza, focused on selective capital improvements, tenant engagement, and strategic leasing to enhance long-term value.
BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $89 billion USD of assets under management (as of June 30, 2025) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 25 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
The assets under management shown above includes real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment.
For more information, please visit www.bgo.com
Media Contact
Rahim Ladha
Global Head of Communications, BGO
media@bgo.com