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Morguard Lands Argus Corporate Centre in Oakville

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Coming off its acquisition of 123 Commerce Valley Dr. in Markham, Mississauga-based real estate operating company Morguard Corp. (TSX: MRC) struck a deal with Dream Unlimited to acquire the Argus Corporate Centre in Oakville, ON for $18.5 million, or about $248 per square foot. Argus Corporate Centre is a 74,540-square-foot, five-storey office building completed in 1992 at 586 Argus Rd. and last renovated in 2010. The transit-oriented suburban...

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