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Margaux REIT signs LOI to buy Quebec self-storage facility for $12.5 million

PUBT·07/10/2026 13:56:15
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Margaux REIT signs LOI to buy Quebec self-storage facility for $12.5 million
  • Margaux Real Estate Investment Trust signed a July 9 LOI to buy a self-storage facility in Saint-Basile-le-Grand, Quebec for CAD 12.5 million.
  • Closing is targeted by end-July; CAD 500,000 of the price will be paid in trust units, with the remainder in cash.
  • Funding is expected from debt financing and available cash.
  • The property has about CAD 1.05 million in annualized revenue, with about CAD 750,000 in annual net operating income.
  • The acquisition adds a 76,000-square-foot facility on a 145,000-square-foot site; the deal remains subject to TSXV final acceptance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Margaux Real Estate Investment Trust published the original content used to generate this news brief via Newsfile (Ref. ID: 202607100955NEWSFILECNPR____20260710_304717_1) on July 10, 2026, and is solely responsible for the information contained therein.