TSX:DIR.UN - Post by User
Post by
junglejameson Nov 17, 2024 9:59am
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Post# 36317039
CTC sells a large industrial property
CTC sells a large industrial property Anyone have an insight on the purchasing party?
Canadian Tire Corp. Ltd. has signed a deal to sell an industrial property in the Greater Toronto Area for $258-million.
The company says the property in Brampton, Ont., includes 1.5 million square feet of industrial real estate that is no longer needed as a result of supply chain investments and consolidation in recent years.
The deal to sell the property comes after a competitive bid process launched in the first quarter of 2024.