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Elad Eyes Another Takeover Target With US Holdings

CEO Says He Plans to Use Acquired Agellan REIT As Platform for US Industrial Expansion
Rafael Lazer, chief executive of Elad Canada. Photo: Elad Canada
Rafael Lazer, chief executive of Elad Canada. Photo: Elad Canada
CoStar News
February 21, 2019 | 9:34 P.M.

Toronto's Elad Canada is far from done acquiring real estate, the company's chief executive said after closing on a deal to buy Agellan Commercial Real Estate Investment Trust and its $680 million in assets.

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