- What 1548 Montée Masson in Laval, Qué., is available for $45m
- Why Approved permits are already in place for substantial industrial development
- What next Colliers is marketing the property
Brasswater is floating an industrial development site with approved building permits in Laval, Qué., for $45m, Green Street News can reveal.
Colliers has the marketing assignment for 1548 Montée Masson. The 1m sq ft parcel comes with approved plans for a 476,000 sq ft facility with 40 ft ceiling heights. The space would be divided into 100,000 sq ft units.
Brasswater designed the proposed facility to include extensive vehicle accommodation, with parking for 67 trailers and 267 cars. The facility design incorporates 76 truck-level and/or drive-in doors, positioning the site for significant logistics or manufacturing operations.
Laval, just north of Montréal, offers strategic advantages for industrial users seeking access to major transportation routes and the Greater Montréal market. The site provides quick access to arterial routes, with Highways 19, 25, 40 and 440 all within 5 km.
Brasswater is a real estate development firm based in Montréal overseeing 13m sq ft of strategic properties and 13m sq ft of development land. The company recently expanded its retail portfolio in Massachusetts, bringing its U.S. holdings to 4m sq ft.
