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Choice Properties REIT completes sale of a data centre in Brampton, Ontario for net proceeds of C$74.2 million

Fasken
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Overview

Client

Choice Properties REIT

On June 14, 2023, Choice Properties REIT, a leading real estate investment trust, completed the sale of a data centre located in Brampton, Ontario to Grain Management and StratCap. The property was sold for net proceeds of C$74.2 million.

Fasken advised Choice Properties REIT with a team led by Iris Tam, and including Dan Law, Daniel Fuke and Devon Hodgkins (Paralegal/Law Clerk).

Jurisdiction

  • Ontario

Team

  • Iris Tam, Partner | Real Estate Law, Toronto, ON, +1 416 865 5156, itam@fasken.com
  • Daniel R. Law, Partner | Real Estate Law, Toronto, ON, +1 416 868 3479, dlaw@fasken.com
  • Daniel Fuke, Partner | Corporate/Commercial, Toronto, ON, +1 416 865 4436, dfuke@fasken.com
  • Devon Hodgkins, Paralegal/Law Clerk | Real Estate Law, Toronto, ON, +1 416 865 4377, dhodgkins@fasken.com