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Quebec  + Cross Border News  + Industrial  |  April 25, 2025
Aerial photo of an industrial property next to Montreal-Trudeau International Airport.
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By: Monte Stewart

Montreal Airport Authority Buys Dorval Land from Broccolini for $61.5M

Aéroports de Montréal (ADM) has acquired a strategically located industrial property in Dorval, Que., from developer Broccolini for $61.5 million, according to multiple reports.

ADM serves as the airport authority for the Greater Montreal Area.

The property, situated at 10325 Ryan Ave., lies adjacent to a runway at Montreal-Trudeau International Airport and includes two leased industrial buildings. The transaction was facilitated with advisory support from CBRE and Cushman & Wakefield.

According to one report, Broccolini had purchased the site in 2021 for $27.5 million and said the location’s value increased due to strong demand for industrial outdoor storage and its proximity to key transportation routes. The property includes facilities leased to Day & Ross and TFI International.

ADM has not publicly discussed plans for the site.

ADM Aéroports de Montréal (ADM) has agreed to acquire Lion Electric’s innovation centre facility at Mirabel International Airport for $50 million.

Photo: CBRE

Connect Canada on May 28 | Join Canada’s leading CRE owners, investors, developers, brokers, financiers, and more at Connect Canada on May 28th at Malaparte in Toronto. Register now to catch forecasts from Canadian CRE leaders on market challenges and opportunities, insights into international investing with evolving market dynamics, the outlook for multifamily housing, and much more. www.ConnectCanada2025.com | May 28, 2025 | Toronto.

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Broccolini

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.
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