In July 2019, Montcrest Asset Management acquired 14.7 acres of vacant industrial land located at 2401 Dixie Rd, Mississauga. The property benefits from zoning which permits outside storage.
This is a prime industrial property located in South Mississauga, along the QEW and Highway 427. Industrial continues to be the strongest performing asset class in Canada and there is a limited supply and availability in the GTA market. Montcrest plans to add further value by developing the site to allow construction of a new 286,000 square foot industrial building.
