XTL transportation and logistics has paid $72 million to purchase a 375,000-square-foot industrial building being developed in Salaberry-de-Valleyfield, Que., from a joint venture involving Divco, Brasswater and two minority owners.
Many stakeholders are grappling with questions around the macroeconomic conditions driving each asset class in the Greater Toronto Area’s (GTA) commercial property market, but the answers to those economic questions should arrive in the coming year.
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