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Construction Supplier Buys Facility in the Vaughn Industrial Park

Oxford Properties Group Sold Building on Royal Group Crescent to Newmar Alpa Lumber Group for $81.5 Million
Oxford Properties Group sold this 281,265-square-foot building at 81 Royal Group Crescent to Newmar Alpa Lumber Group for $81.5 million or approximately $289 per square foot. The buyer is expected to operate out of part of the facility. (CoStar)<br>
Oxford Properties Group sold this 281,265-square-foot building at 81 Royal Group Crescent to Newmar Alpa Lumber Group for $81.5 million or approximately $289 per square foot. The buyer is expected to operate out of part of the facility. (CoStar)
By Anna Tsapralis
September 1, 2023 | 9:05 P.M.

Alpa Lumber Group, one of the largest suppliers and manufacturers of construction products distributed across Canada and within the United States, accomplished a rare feat by acquiring a 281,265-square-foot industrial building in Oxford Properties' Vaughan Industrial Park for $81.5 million in an off-market transaction.

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