Margaux Real Estate Investment Trust has marked a milestone by listing on the TSX Venture Exchange under the symbol ALFA.UN. The trust focuses on self-storage facilities, boosting its standing with sites in Cowansville, Roxton Pond, and Drummondville, Quebec. These locations offer a variety of storage solutions, from units to parking spaces.
The Drummondville site currently features 48 storage units, with plans to expand. Cowansville spans a vast 500,000 square feet, housing 90 storage units and offering parking services, including long-term leased parking for a nearby hospital. Roxton Pond hosts 181 storage units distributed across five buildings.
Margaux pushes forward with its expansion strategy in Quebec, advancing in the permitting stage for a new facility covering 85,000 square feet in Laval. This move reflects continued faith in the self-storage industry, ready to accommodate rising demand.
The TSX Venture Exchange listing gives Margaux greater visibility and potential for future investment, placing it advantageously in Canada’s expanding self-storage market.
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