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Granite Enters $232.5 Million Purchase Agreement in Ohio, Continues to Distance from Magna

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Pictured: The 1.3 million-square-foot Mars Petcare facility at 15 Commerce Pky., one of four West Jefferson, OH industrial facilities to be acquired by Granite in a US$232.5 million deal.Toronto-based Granite Real Estate Investment Trust has made another deal to reduce its exposure to Canadian global automotive supplier Magna International, entering an agreement to pay US$232.5 million to acquire four Class A single tenant buildings near Columbus...

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