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Category: Commercial

PROREIT buys in Ottawa, Winnipeg; Collingwood to invest $50M

RENX Staff Commercial Transactions Ottawa Mar. 15 2021

PRO Real Estate Investment Trust (PRV-UN-T) plans to acquire 12 industrial properties in Ottawa and Winnipeg for $86.8 million, and has also announced Collingwood Investments Corporation will take a $50-million equity position in the REIT. The two announcements were contained

Summit buys 765K Montreal-area industrial site with excess land

Don Wilcox Commercial Transactions Greater Montreal Mar. 15 2021

Summit Industrial Income REIT (SMU.UN-T) will pay $183.3 million to acquire a modern 765,145-square-foot logistics and office complex on a 35-acre property in Saint-Laurent, Que., a suburb of Greater Montreal. “This highly accretive acquisition, occupied by institutional-grade tenants under long-term

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