A Lakeshore studio owner has some high hopes for his building.
Owner Jim Shaban has put his 11-acre property at 20 North Rear Rd, a huge building surrounded by a fence on Manning Rd. south of the 401, up for lease or sale.
Shaban says he would rather lease the property, but sale is an option.
"We are out promoting the facility to studios around the world, looking for producers to come down here and film," he says. "We are looking for studio films so we thought we would use the services of Remax to get some more exposure."
It is up for sale for $5-million or lease for $2.48/sq. ft. per month.
The property includes 88,000 sq. ft. of buildings.
"So we are going after Netflix, we are going after Amazon and Disney, the major players in the business today."
Shaban says the property went on the market at the start of the year.
He says according to his agent, it is getting a lot of interest.