The $450m joint financing venture with Deutsche Bank will power hyperscale operations
The 13-building property traded for $33.3m
Offering comprises 17 recently completed units across three buildings
The site is within Northwood Business Park, a growing industrial node
Vancouver, Toronto and Halifax saw the strongest momentum
A 44-storey purpose-built rental building is planned for the site
A growing amount of industrial space is sitting unused amid investor hesitancy
The offering includes nearly 5 acres of developable land
The sale includes a 10-year leaseback provision