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Old Posted Jun 28, 2012, 11:51 PM
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waterloowarrior waterloowarrior is offline
National Capital Region
 
Join Date: Nov 2005
Location: Eastern Ontario
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http://www.juteaujohnsoncomba.com/ms_april2012.htm

The largest transaction was for a 57,059 square foot parcel of commercial land located on 250 Montreal Road. The property was purchased by Complexe 250 Inc. from 250 Montreal Rd Inc. for $4,030,000 or $71/sf. The purchaser intends to develop the property with a seven-storey 103,674 square foot office building with a ground floor commercial component. The majority of the proposed building will be owner-occupied. The proposed development represents the first of a two-phase office project. The second phase will be located on the southwest corner of Montreal Road and Dupuis Street, which the purchaser had acquired in January 2012. The two phases will be connected by an elevated walkway.
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