Thanks for the question.
After the RFI, which I referenced earlier, showed that the Nortel site was capable of meeting our consolidation requirements for DND, we then engaged a third-party engineering firm to assess the condition of the buildings, including their mechanical, electrical, and conveying systems—all of the elevators, etc.—in the complex. It's 186,000 square metres, 12 buildings. It's a very large undertaking. We had an engineering firm assess the condition of the buildings, which found them to be, and I quote, “in above average condition for buildings of their age“ and what they considered to be maintained in standards above the norm.
We then also hired a real estate appraisal firm to do a market value assessment of the property and its value. We engaged another engineering firm to do an environmental assessment of the lands and the surrounding property. Finally, we hired a real estate expert to assess our proposal for the purchase.