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Canadian Auto Parts Supplier Exercising Rights to Buy Two U.S. Facilities for US$207 Million

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Pictured: 120 Moon Acres Road in Piedmont, SC, one of two properties Canadian automotive supplier Magna International is buying from Granite REIT in a US$207 million deal.Toronto-based Granite Real Estate Investments said subsidiaries of Canadian global automotive supplier Magna International Inc. have agreed to pay US$207 million for the REIT's two remaining special purpose properties. Granite, which was first spun out as publicly-traded MI Developments...

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