Barry Sherman, Apotex invests in Broward County… then reconsiders

https://www.bloomberg.com/news/articles/2017-03-08/apotex-will-invest-184-million-to-expand-in-south-florida

That Sherman had a numbered Ontario company with his sister-in-law named as an officer wouldn’t surprise anyone familiar with his labyrinthine holdings outside of Apotex—ventures that put the test to Sherman’s claim he didn’t care about making money. Relatives pop up in the records of Sherman’s non-Apotex ventures held through “Sherm”-prefixed companies—including Shermco Inc., Sherfam Inc., Sherfam Industries Inc., Sherfam Holdings Inc.—as well as Bernard C. Sherman Limited and numerous trusts and private foundations. The Shermans’ real estate holdings—apartment buildings, condos, commercial properties, rumoured private islands—were held via Sherfam Inc., Signet Realty and Weston, Fla.-based Sherm Realty, as well as trusts.

https://www.macleans.ca/news/canada/barry-honey-sherman-murders/

http://archive.is/ooUDf

Canada-based generic pharmaceutical company Apotex Corp. bought a warehouse in Miramar for $50 million.

An affiliate of Apotex, called Sherm Realty Corp., bought the 302,864-square-foot warehouse Jan. 31 for $165 per square foot.

The seller was Atlanta-based industrial property developer IDI Gazeley, which built the warehouse in 2014.

The warehouse is located on a 20-acre lot in a corporate park that IDI Gazeley developed at 15501 Southwest 29 Street in Miramar, northwest of Miramar Parkway and Interstate 75. The park’s tenants include Kellstrom Defense Industries Inc. (NOTE: Sherman had a Ph.D. in Astrophysics from MIT in 1967 at 24, possibly in avionics and control systems)

Colliers International reported that the pace of industrial-space absorption in Broward during last year’s fourth quarter was the fastest in a decade and supported “skyrocketing” lease rates.

http://archive.is/mcbbC

https://therealdeal.com/miami/2017/02/04/273660/

https://floridaparcels.com/property/16/514028110010

http://archive.is/KvSY1

https://www.bizjournals.com/southflorida/news/2019/02/27/apotex-sells-miramar-warehouse.html

Barry Sherman, Trudeau Fundraiser Scandal investigation dropped after deaths

August 2015, Sherman hosted a cash-for-access fundraiser at his house for Justin Trudeau and a local Liberal candidate, a controversial event that landed the drug magnate in the crosshairs of Ottawa’s lobbying commissioner. The Lobbyists’ Code of Conduct prohibits registered lobbyists (which Sherman was at the time) from placing elected officials in a potential conflict of interest that could make them feel “a sense of obligation.” Before the commissioner could finish her investigation, Sherman dispatched lawyers to Federal Court to try to get the “unanchored fishing expedition” shut down. Never before had someone asked a judge to quash such an active investigation.

In January, a newly appointed lobbying commissioner, Nancy Belanger, dropped the investigation into Sherman and Apotex’s 2015 fundraiser for Trudeau, a decision now being challenged in court by Democracy Watch, an advocacy group that contends Apotex shouldn’t be let off the hook.

https://www.macleans.ca/news/canada/barry-honey-sherman-murders/

http://archive.is/ooUDf

Barry Sherman was a neighbour of the world’s largest nuclear power plant

Sherman wasn’t keen on moving from the house on Old Colony Road, but was doing it for Honey. “He just said: ‘You know, I wish I was staying here, but my wife wants to move so we’re moving,’ ” says Frank D’Angelo, Sherman’s close friend and business partner in non-Apotex ventures.

On Nov. 27, their house was listed for $6.9 million, described as an “architectural modern masterpiece.” Why the Shermans were selling when contractors hadn’t begun to build their new home isn’t clear. What is certain is that listing meant disruptions and privacy incursions—and a lockbox on the house, a rarity for such a high-end property.

https://www.macleans.ca/news/canada/barry-honey-sherman-murders/

http://archive.is/ooUDf

Steelback Brewery was started in September, 2002 by Frank D'Angelo while looking for expansion space for his juice company, D'Angelo Brands. He found a site 88 Farrell Dr RR Tiverton, Ontario, for sale by Barry Sherman, founder of Apotex. The facility came with a brewery which D'Angelo had intended to sell, but ultimately decided to start a beer company with the funding of Barry Sherman. It was a wholly owned subsidiary of D'Angelo Brands.