Concert Properties' management will diversify the CREC Commercial Fund LP by adding multiresidential rental properties to its mix of industrial and office assets, and has renamed it as Concert Income Properties Fund LP.
A 165,000 sq. ft logistics and warehousing facility slated for completion in 2024 is proof recent headwinds, namely rising interest rates and a looming recession, can do little to quell momentum in Southwestern Ontario’s white-hot industrial real estate sector.
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