CHICAGO, IL – December 23, 2021 – STREAM Capital Partners and Avison Young have arranged the short-term sale and leaseback of an industrial facility in Saint-Laurent. The existing building totals 139,302 square feet.
The facility currently serves as the worldwide headquarters of Grass Valley. Grass Valley has been engaged in the media technology business for over 60 years and is the leading technology provider for the live media and entertainment market.
Chelsea Mandel of STREAM Capital Partners, and Tom Godber, and Kevin Marshall of Avison Young represented the seller in the transaction.
Mandel, Godber, and Marshall said of the transaction, “This was an exciting transaction to work on. We are currently experiencing a very aggressive pricing environment with an increase in investor appetite for sale leaseback opportunities. This allowed our client to benefit from a competitive marketing process to achieve a record high sale price of over $222 per square foot.’’
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