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CanFirst buys Guelph warehouse portfolio with new value-add investment fund

Purchase from Montez comes as industrial vacancy has increased in the Greater Golden Horseshoe area
Aerial image showing the Southgate Business Park in Guelph, Ontario. (CoStar)
Aerial image showing the Southgate Business Park in Guelph, Ontario. (CoStar)
CoStar News
December 11, 2025 | 9:54 P.M.

CanFirst Capital Management has acquired four industrial properties in Guelph’s Southgate Business Park as it seeks to acquire warehouses and logistics facilities through its new investment fund, which it can then reposition and increase in value.

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