Octodev Says it Bought Laval MF Development Site for $17.9M
Connect CRE
AI Article Summary
Octodev, a Montreal-based company, has purchased a 465,000-square-foot multi-family development site in Laval, Quebec, for $17.9 million. The site, currently a parking lot adjacent to the Place Laval office complex, will see the construction of about 1,700 residential units and commercial space. The previous owner, Poirier, acquired Place Laval, a mixed-use office complex, earlier and sold the parking-lot portion to Octodev. The transaction was facilitated by Avison Young.
