Connect News Commercial Real Estate news for every market and every facet, every day.
Connect Events Live and virtual events bringing together the best of information and networking.
Connect Creative A full service marketing and PR agency.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.
Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.
Find Your Course
Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

Sub Markets

Property Sectors

Topics

Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
New call-to-action
Quebec  + Retail  |  November 10, 2025
Rendering of a Costco store.
Avatar photo
By: Monte Stewart

Costco Buys Laval Land from Montoni: Report

Costco has purchased a development land parcel in Laval, Que., from Montoni for more than $22.8 million, La Presse reported.

The 934,289-square-foot property is located along Highway 13 near St-Martin Boulevard and has changed hands for the second time in recent weeks, according to the report. Montoni told La Presse that it purchased the property in early October from Guzzo for $22.8 million through a court sale.

Costco has not indicated what it plans to do with the property.

Photo: Costco

Connect

Inside The Story

CostcoMontoni

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
Order Reprints