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Carttera Management Inc. completes acquisition from Lesso Mall Development Limited of a 20.7 acre site at 5705 Steeles Avenue East, Toronto, Ontario for industrial development

Fasken
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Overview

Client

Carttera Management Inc.

On November 5, 2024, 5705 Steeles Avenue East LP (“Carttera”) completed the acquisition of a 20.7 acre site at 5705 Steeles Avenue East, Toronto, Ontario, from Lesso Mall Development (Toronto) Limited for industrial development.

Fasken advised Carttera on all aspects of the transaction including acquisition financing from the Royal Bank of Canada with a team comprised of Andrea Centa, Allyson Roy and Giovanna Campagna.

Jurisdiction

  • Ontario

Team

  • Andrea L. Centa, Partner | Co-Leader, Real Estate Law, Toronto, ON, +1 416 868 3348, acenta@fasken.com
  • Allyson Roy, Partner, Toronto, ON, +1 416 865 4371, aroy@fasken.com
  • Giovanna C. Campagna, Associate, Toronto, ON, +1 416 865 4499, gcampagna@fasken.com