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440 Phillip St 12,000 - 63,836 SF of Space Available in Waterloo, ON N2L 5R9



Highlights
- The facility offers both dock-level and drive-in loading options, supporting flexible logistics and operations.
- On-site parking and clean, well-maintained interiors make the space ideal for businesses seeking a turnkey industrial solution.
- The property includes a newly constructed Class A office area that enhances professional appeal and functionality.
- Located within the Factory Square Campus, the site provides proximity to the University of Waterloo and the LRT station.
Features
All Available Spaces(2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Positioned within the dynamic Factory Square Campus near the University of Waterloo, Unit B100 at 440 Phillip Street offers 51,836 SF of premium white box industrial space with a newly constructed Class A office component. This versatile facility is ideal for businesses seeking a clean, high-performance environment with robust infrastructure and flexible layout options. The space features 18-foot ceilings, dock and drive-in loading, and 975 amps of power, supported by four Generac generators delivering 600 KW of continuous emergency power. Server rooms are equipped with remote, air-cooled condensing units, ensuring operational reliability for tech-driven or data-intensive tenants. With options to demise the space into 20,000 SF and 30,000 SF units, Unit B100 accommodates a range of operational needs. Permitted uses include advanced tech, data centers, medical clinics, light industrial, training facilities, and major office functions, making this an exceptional opportunity for forward-thinking enterprises.
- Lease rate does not include utilities, property expenses or building services
- Fits 50 - 415 People
Located in the heart of Waterloo’s thriving tech and university district, Unit B200 at 440 Phillip Street offers 12,000 SF of second-level open-plan office and lab space within the renowned Factory Square Campus. This dynamic environment is ideal for advanced tech firms, maker spaces, light industrial users, and training facilities seeking a collaborative and well-connected setting. The space features LED lighting, mesh roller-shaded windows, and an exposed open web joist ceiling, creating a modern and functional aesthetic. HVAC is provided via gas-fired rooftop units, with remote air-cooled condensing units serving electrical and server rooms. Emergency power is supported by four Generac diesel-fired generators, each with a 1,400-gallon capacity and 600 KW output, ensuring uninterrupted operations.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- 12,000 SF of open plan office / lab space
- Exposed open web joist ceiling
- Partially Built-Out as Standard Office
- Fits 30 - 96 People
- Central Air Conditioning
- LED lighting, windows with mesh roller shade
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor - B100 | 20,000-51,836 SF | Negotiable | $14.00 CAD/SF/YR $1.17 CAD/SF/MO $725,704 CAD/YR $60,475 CAD/MO | Flex | - | 30 Days |
| 2nd Floor, Ste B200 | 12,000 SF | Negotiable | $5.00 CAD/SF/YR $0.42 CAD/SF/MO $60,000 CAD/YR $5,000 CAD/MO | Office | Partial Build-Out | Now |
1st Floor - B100
| Size |
| 20,000-51,836 SF |
| Term |
| Negotiable |
| Rental Rate |
| $14.00 CAD/SF/YR $1.17 CAD/SF/MO $725,704 CAD/YR $60,475 CAD/MO |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| 30 Days |
2nd Floor, Ste B200
| Size |
| 12,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| $5.00 CAD/SF/YR $0.42 CAD/SF/MO $60,000 CAD/YR $5,000 CAD/MO |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor - B100
| Size | 20,000-51,836 SF |
| Term | Negotiable |
| Rental Rate | $14.00 CAD/SF/YR |
| Space Use | Flex |
| Condition | - |
| Available | 30 Days |
Positioned within the dynamic Factory Square Campus near the University of Waterloo, Unit B100 at 440 Phillip Street offers 51,836 SF of premium white box industrial space with a newly constructed Class A office component. This versatile facility is ideal for businesses seeking a clean, high-performance environment with robust infrastructure and flexible layout options. The space features 18-foot ceilings, dock and drive-in loading, and 975 amps of power, supported by four Generac generators delivering 600 KW of continuous emergency power. Server rooms are equipped with remote, air-cooled condensing units, ensuring operational reliability for tech-driven or data-intensive tenants. With options to demise the space into 20,000 SF and 30,000 SF units, Unit B100 accommodates a range of operational needs. Permitted uses include advanced tech, data centers, medical clinics, light industrial, training facilities, and major office functions, making this an exceptional opportunity for forward-thinking enterprises.
- Lease rate does not include utilities, property expenses or building services
- Fits 50 - 415 People
2nd Floor, Ste B200
| Size | 12,000 SF |
| Term | Negotiable |
| Rental Rate | $5.00 CAD/SF/YR |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Located in the heart of Waterloo’s thriving tech and university district, Unit B200 at 440 Phillip Street offers 12,000 SF of second-level open-plan office and lab space within the renowned Factory Square Campus. This dynamic environment is ideal for advanced tech firms, maker spaces, light industrial users, and training facilities seeking a collaborative and well-connected setting. The space features LED lighting, mesh roller-shaded windows, and an exposed open web joist ceiling, creating a modern and functional aesthetic. HVAC is provided via gas-fired rooftop units, with remote air-cooled condensing units serving electrical and server rooms. Emergency power is supported by four Generac diesel-fired generators, each with a 1,400-gallon capacity and 600 KW output, ensuring uninterrupted operations.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 30 - 96 People
- Space is in Excellent Condition
- Central Air Conditioning
- 12,000 SF of open plan office / lab space
- LED lighting, windows with mesh roller shade
- Exposed open web joist ceiling
Property Overview
Welcome to the Factory Square Campus, a premier 530,000 SF tech office campus in Waterloo. Located in the heart of Waterloo’s tech and university community, the Factory Square Campus offers easy access to talent, resources and networking opportunities. The campus is close to the LRT and offers free on-site parking, making it convenient for employees and clients. Tenants of all 3 buildings can enjoy the outdoor courtyard and lounge located at 451 Phillip.
Property Facts
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440 Phillip St
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