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Firm Capital strikes deal to sell stake in Montreal-area warehouse

Transaction set to close amid softening conditions in country's industrial market
Toronto-based Firm Capital Trust has agreed to sell its 50% stake in this warehouse property in the Town of Mount Royal, in suburban Montreal. (CoStar)
Toronto-based Firm Capital Trust has agreed to sell its 50% stake in this warehouse property in the Town of Mount Royal, in suburban Montreal. (CoStar)

Firm Capital Property Trust says it's parting ways with a warehouse near Montreal as the real estate firm agreed to sell its 50% interest in a warehouse that saw its anchor tenant leave after filing bankruptcy last year.

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