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L-3 Communications Electronic Sells Industrial Buildings for Above Market Prices

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L-3 Communications Electronic sold its industrial buildings at 19 and 25 City View Dr. in Etobicoke, Ontario to Dynevor Express Expedited Services. The two properties combined total 194,522 square feet and sold for $8.8 million, or approximately $45.24 per square foot. 19 City View Dr. sold on June 23, 2016 for $2.9 million and 25 City View Dr. sold on December 1, 2016 for $5.9 million. The buyer did not disclose the reason for purchasing the...

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