80 Hale Rd. in Brampton, Ontario.Manulife Real Estate has sold a 474,416-square-foot portfolio as the company looks to trim its industrial holdings in the Greater Toronto Area.
Berkshire Axis Development paid $69 million, or roughly $145 per square foot, for the portfolio, which includes four industrial sites in Brampton, Burlington, Mississauga and Vaughan. The properties are approximately 96 percent leased to 86 tenants, with all but the Burlington...
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