Nexus buying 50% stake in new Montreal fulfillment centre
Nexus REIT (NXR-UN-T) will acquire a 50 per cent non-managing interest in a newly constructed 309,000-square-foot, automated grocery fulfillment centre in Pointe-Claire, Que., from Crombie REIT (CRR-UN-T) for $98.2 million. The class-A property, located at 2400 Trans-Canada Highway in the