Concert Properties, through Concert Income Properties, has formed a joint venture with a Brookfield affiliate for an eight-property Canadian industrial portfolio totaling approximately 5.3 million square feet.
The transaction values the portfolio at approximately C$1 billion ($720 million).
The portfolio comprises a mix of single-tenant and multitenant industrial properties across Canada’s largest urban logistics markets, including Vancouver, Toronto, Calgary and Ottawa. Fully leased to a diverse roster of credit tenants, the assets benefit from strong connectivity to critical highway, airport, and rail infrastructure and represent stabilized, high-quality industrial real estate with embedded income growth potential.
“We are pleased to be partnering with Brookfield, a globally recognized firm with deep expertise and a strong track record in real estate,” said Lindsay Brand, CIO of Concert Properties Ltd. “Concert has a history of building partnerships de
