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Canadian armoured vehicle company acquires Toronto industrial building

Lennard Commercial arranges sale of North York facility for just under $15 million
The industrial building at 355 Garyray Dr. in Toronto was built in 1970 and totals 40,455 square feet.  The buyer, Inkas Group of Companies, also owns and occupies a building at 440 Garyray Dr. (CoStar)
The industrial building at 355 Garyray Dr. in Toronto was built in 1970 and totals 40,455 square feet. The buyer, Inkas Group of Companies, also owns and occupies a building at 440 Garyray Dr. (CoStar)
By Crystal Campanella with
May 4, 2026 | 7:53 P.M.

Inkas Group of Companies, a specialized Canadian manufacturer of armoured vehicles, expanded its operations in Toronto with the acquisition of 355 Garyray Dr., a 40,455-square-foot, single-tenant manufacturing facility property located near its facility at 440 Garyray Dr. and a short distance from the company's primary headquarters at 3605 Weston Road in Toronto's North York area.

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