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Nexus Expands Industrial Holdings With 50% Stake in Quebec Logistics Centre

REIT Makes First Deal With Empire-Controlled Crombie Real Estate Investment Trust
Nexus agreed to acquire a half stake in a newly constructed automated warehouse in Montreal that is fully leased to Voilà, a grocery delivery service. (Empire)
Nexus agreed to acquire a half stake in a newly constructed automated warehouse in Montreal that is fully leased to Voilà, a grocery delivery service. (Empire)
CoStar News
October 19, 2021 | 8:44 P.M.

Nexus Real Estate Investment Trust is paying $98.2 million for a 50% stake in a Montreal-area logistics centre as part of a deal with the real estate arm of one of Canada's largest grocery players.

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