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PlazaCorp Investments Purchases Canada Post Bldg. in Toronto

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PlazaCorp Investments Ltd. acquired the post office building at 6035 Bathurst St. in Toronto, ON from Title Dress Ltd. for $6.175 million, or about $915 per square foot. The property is scheduled to be occupied by Canada Post until 2024. Following the lease expiration, PlazaCorp plans to redevelop the site for multifamily use. Elliot Medoff and Bryce Gibson of JLL represented the seller in negotiations. Please see CoStar COMP #3905253 for...

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