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Concert Properties Fund Buys 90% Stake in Toronto-Area Amazon Facility Developed by Broccolini

CoStar Can Report Vancouver-Based Company Paid $138 Million for the Stake With Broccolini Holding Remaining 10%
A fund managed by Concert Properties has paid $138 million for a 90% stake in this distribution facility east of Toronto. (Concert)
A fund managed by Concert Properties has paid $138 million for a 90% stake in this distribution facility east of Toronto. (Concert)
CoStar News
December 16, 2022 | 12:47 AM

CoStar can report that Vancouver-based Concert Properties paid $138 million for a 90% stake in an industrial building in the Greater Toronto Area's east end in a building occupied by Amazon on a long-term lease.

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