IKEA Distribution Services CA Inc. has leased 330,540 square feet in from Pure Industrial REIT, one of Canada’s largest publicly traded REITs, for a new distribution facility in Richmond, BC at 7031 York Road.
The property is the fourth phase in the development of PIREIT’s East Richmond Business Park and is due for completion in the fourth quarter with rent to commence December 1, 2017. The trust and retailer have a strong relationship as IKEA...
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