On February 13, 2026, Carttera, a leading Canadian real estate developer and institutional fund manager, completed a significant portfolio sale of two stabilized industrial developments, comprising four industrial buildings, located at 2445–2455 Meadowpine Boulevard and 2510–2520 Royal Windsor Drive in Mississauga, Ontario. The properties were sold to Cadillac Fairview, reflecting Carttera’s successful execution of its development and stabilization strategy for large‑scale industrial assets in major urban markets.
The developments comprise modern, LEED Silver‑certified industrial buildings and were previously recognized as REX Award Category Finalists for Development of the Year, reflecting the quality, scale and market impact of the projects. The disposition is consistent with Carttera’s core investment approach of acquiring and redeveloping sites with bank financing, adding value through development, and divesting stabilized assets, while continuing to advance new office and industrial projects across the Greater Toronto Area.
Fasken acted for Carttera in connection with the portfolio sale, advising on all real estate aspects of the transaction, with a team comprised of Andrea Centa, Allyson Roy and Giovanna Campagna.
Jurisdiction
- Ontario
