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Montoni enters British Columbia industrial market with $53 million Burnaby deal

Seller Dorigo plans to remain as the building's tenant following the sale
Montreal real estate developer Montoni has purchased its first-ever property in British Columbia. (CoStar)
Montreal real estate developer Montoni has purchased its first-ever property in British Columbia. (CoStar)

Montreal-based Montoni Group has bought its first property in British Columbia, paying $53.3 million for an industrial building in Burnaby in a sale-leaseback that marks the firm's first step into Western Canada.

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