W.P. Carey (NYSE: WPC), a global net-lease REIT headquartered in New York City, sold the industrial property at 450 Southgate in Guelph, Ontario to an individual investor for $6.385 million or approximately $87 per square foot.
The building, which is located within the Hanlon Business Park, was completed in 2002 just east of Highway 6 in the Wellington County Industrial submarket of the Outer Greater Toronto Area. The facility totals 73,232 square...
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