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Zarpac Closes on $8.2 Million Sale Leaseback Agreement in Oakville

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Zarpac, a packaging solutions provider, has sold its 46,271-square-foot facility at 1185 N. Service Rd. East in Oakville, Ontario in a sale leaseback for $8.2 million, or approximately $177 per square foot. An individual investor out of Burlington, Ontario acquired the single-story facility, which is anchored by Zarpac and also houses operations for Lakeside Logistics, according to CoStar information. John Planeta of CBRE served as dual agent...

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