Industrial property changes hands in Quebec

Alexis Nihon REIT picks up 225,000 square feet
Published on Feb 2, 2005

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by CareyBot

Alexis Nihon Real Estate Investment Trust has acquired a 225,600 square-foot industrial property in Boucherville, Quebec, for $8.4 million.   The transaction value represents a capitalization rate of approximately 11.1 percent and a purchase price of $37 per square foot. ...