TForce Logistics
TForce Logistics, part of TFI International Inc. has opened its fourth facility in Ontario’s Golden Horseshoe area. The new 8,140-square-foot distribution centre in the town of Stoney Creek will let TForce Logistics provide next day delivery in the Highway 401 corridor from Hamilton to Niagara Falls. The Hamilton centre canprovide order fulfillment, final-mile delivery and returns management. TForce Logistics provides home delivery of non-perishable foods, furniture, home accessories, appliances, home electronics and other consumer staples. The company’s other facilities in the area include a 21,500-square-foot distribution and fulfillment centre in Brampton, a 21,000-square-foot facility in Etobicoke, and a 5,000-square-foot facility in Markham.
Summit Industrial Income REIT
Summit Industrial Income REIT is buying a 76,423-square-foot Class A single tenant property in the Greater Toronto Area for $25.2 million. The property is in the Toronto suburb of Vaughan, between Highway 7 and Highway 407. It includes 64,941 square feet of functional warehouse space with a clear 22-foot ceiling height, several loading, truck-level and drive-in doors, as well as office space. The property is being acquired from the current tenant, which will enter into a new 10-year lease.
Shipbob
Shipbob has opened a second Canadian fulfillment centre in Toronto. This expansion comes two years after the opening of ShipBob’s first Canadian centre. The company specializes in Canadian e-commerce order fulfillment for cross-border vendors.
Drakkar Logistics
Montreal-based third-party logistics provider Drakkar Logistics and its freight forwarder affiliate, Trinet, are opening two new warehouses in the greater Montreal and Toronto areas. Together, the warehouses, located in Anjou and Mississauga, total more than 300,000 square feet.
Aeroterm
The Allegheny County Airport Authority, which manages Pittsburgh International Airport (PIT), and Aeroterm are signing a 30-year ground lease with two 10-year options to develop a 140,000- to 170,000-square-foot, on-airport cargo facility. The multi-tenant property, which when complete will be the largest at PIT, will be built on 8.77 acres and is scheduled to open the second quarter of 2023.
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