The seller was developer Montoni
The weighted average lease term is 6.5 years
The vacant property has 93,000 sq ft of warehouse space
Édifice Aldred is asking $345/sq ft
The property is in the heart of the new Royalmount shopping mall district
The property is 98% leased
The seller was Toronto-based Salthill
The valuation works out to $480,000/unit
Valuations also have started to recover in some markets