In one of the largest industrial property sales to close in Ontario so far in the fourth quarter, Toronto-based real estate investment fund manager CanFirst Capital Management's CanFirst Industrial Realty Fund VII acquired a diverse flex/industrial portfolio in Vaughan, Ontario, located in the regional municipality of York, just north of Toronto. Totaling 710,389 square feet of multi-tenanted industrial space the small-bay industrial portfolio was sold by IG Investment Management for $222,600,000 or $330.57 per square foot.
CanFirst Fund Acquires $222.6 Million Industrial Portfolio In Vaughan
Private Equity Firm Purchases Multi-Building Industrial Portfolio Encompassing 710,389 Square Feet
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IN THIS ARTICLE
- Companies
- CanFirst Capital Management
Real Estate
- IG Wealth Management
Finance and Insurance
- Contacts
- Matthew Brown
Executive Vice President, CBRE
- Kyle Hanna
Vice Chairman, CBRE
- Fraser McKenna
Vice Chairman, CBRE