Chrome Hearts purchased the retail building in Yorkville, upscale Toronto

First Capital REIT sold the building to luxury retail brand Chrome Hearts for $12.65 million (approximately $1,787 per square foot), located on one of Toronto's most coveted high street locations.

Chrome Hearts is a luxury retail brand specializing in handcrafted sterling silver jewelry, heavy leather goods, high-end apparel, eyewear, and custom wooden furniture.

In this owner-user transaction, Chrome Hearts acquired the three-story retail property from First Capital REIT for $12.65 million (approximately $1,787 per square foot).

The property is located at 121 Scollard St. in Toronto's Yorkville district.