Allied Properties REIT, a Toronto-based closed-ended real estate investment trust, acquired a 0.1-acre lot at 464 King St. West in the downtown core of Toronto for $7 million.
Allied purchased the site, which currently operates as a parking lot, as the final piece on the north side of King Street West that the company had been looking to acquire. There are no development plans at this time.
A contact from Allied Properties REIT confirmed details...
↧