Posted Aug 19, 2020, 1:11 AM
|
|
Registered User
|
|
Join Date: May 2010
Location: Toronto
Posts: 2,257
|
|
Quote:
RoseFellow to build 3 Montreal, Ottawa-area industrial sites
In Casselman, RoseFellow and JV partner Bertone – which owns the vacant 931,395-square-foot site off Highway 417 and St-Albert Road – plan to invest $60 million to build either a 560,000-square-foot distribution centre or three 130,000-square-foot buildings for multiple tenants. Construction is scheduled to start in the spring or summer of 2021.
Casselman, about 55 kilometres from downtown Ottawa, is off the main highway linking the nation’s capital and Montreal. The area between the two cities is in high demand from all types of industrial users, Tsoumas says.
“There’s a significant interest and demand from clients who are not interested or looking to build in the province (of Quebec) but want to stay close to the ‘invisible border’ (between Quebec and Ontario),” Jager says.
“We’ve received requests from e-commerce-type clients who have asked us if we have properties in Ontario, so we started our search and created the JV with the Bertone Group.”
Buildings at all three sites will have a similar concrete look RoseFellow plans to use for all of its future industrial projects.
“You’ll be able to notice what is a RoseFellow building. It’s something we’ve spent a lot of time working on,” Jager says.
|
https://renx.ca/rosefellow-to-build-3-montreal-ottawa-area-industrial-sites/
|
Threaded Mode