Lactalis Preleases 379K-SF Distribution Centre in Oshawa
Lactalis Canada has entered into a long-term lease on a large future build-to-suit dairy products distribution centre in the Toronto suburb of Oshawa, Ontario.
Broccolini, a Montreal-based real estate developer and investor, will develop, build, own and manage the zero-carbon-ready facility, Lactalis Canada announced in a news release. Construction is beginning immediately and expected to be completed in the fourth quarter of 2024.
CBRE brokered the lease of the facility, which is slated to serve Lactalis Canada’s cheese and table spreads supply-chain network.
Lactalis Canada is the company behind the Cracker Barrel, Black Diamond, Balderson, Astro and Lactantia brands. The Toronto-based company is a subsidiary of France-based Lactalis Group.
“Lactalis Canada’s new facility in Oshawa will become the largest distribution centre, from a capacity standpoint, for Lactalis Group globally,” said Mark Taylor, Lactalis Canada’s president and CEO, in a press release.
The new Oshawa building will consolidate multiple other Lactalis Canada shipping locations, including its internally operated Belleville distribution centre.
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.