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First Capital sells Montreal transit-oriented development site

Toronto-based REIT sells east end retail property where it planned residential project
Rendering of a proposed residential complex First Capital REIT had planned to build in Montreal's east end before opting to sell the site to a partnership between Capital Square and Randev. (CoStar)
Rendering of a proposed residential complex First Capital REIT had planned to build in Montreal's east end before opting to sell the site to a partnership between Capital Square and Randev. (CoStar)

First Capital REIT has sold a redevelopment site in Montreal where it had planned to build a transit-oriented development.

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