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Agellan Strikes Deal to Sell Parkway Place for $256 Million

Toronto-based REIT Had Butted Heads with Major Unitholders Over Sale of Property and Control of Board
CoStar News
May 4, 2018 | 11:32 P.M.

Toronto-based Agellan Commercial Real Estate Investment Trust disclosed Friday that it has agreed to sell its four-building Parkway Place office and retail property for $256.3 million, ending an acrimonious dispute with some of its largest unitholders.

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News | Agellan Strikes Deal to Sell Parkway Place for $256 Million