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Desjardins buys majority interest in Ottawa industrial portfolio

Quebec cooperative pays $77 million for two properties
Desjardins Group purchased an 80% stake in this industrial property at 1000 Logistics Private Road in Ottawa. (Olivier Gariépy/CoStar)
Desjardins Group purchased an 80% stake in this industrial property at 1000 Logistics Private Road in Ottawa. (Olivier Gariépy/CoStar)

Desjardins Group acquired a majority interest in two new industrial buildings in Ottawa’s National Capital Business Park from Avenue31 Capital, as part of a transaction valued at about $77 million, the cooperative confirmed in an email to CoStar News.

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News | Desjardins buys majority interest in Ottawa industrial portfolio