Rosefellow Acquires Part of Laval Mall for $200M Industrial Project
Rosefellow acquiert une part d'un centre commercial de Laval pour un projet industriel de 200 millions de dollars
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AI Article Summary
Rosefellow has purchased a portion of the Méga Centre Notre-Dame mall in Laval, Quebec, for $75 million with plans to redevelop it into a $200 million industrial campus. The project will feature three LEED and Zero Carbon-certified industrial buildings totaling 550,000 square feet. The development aims to target high demand for industrial space due to its strategic location near major amenities and a large labor pool. The demolition for the redevelopment is set to begin after existing leases expire at the end of 2025.