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Canadian Tire to sell Toronto-area industrial site for $258 million

National retailer says property in Brampton no longer fits into its supply-chain network.

Canadian Tire Corp. has a deal to sell this large distribution facility northwest of Toronto. (CoStar)
Canadian Tire Corp. has a deal to sell this large distribution facility northwest of Toronto. (CoStar)

Canadian Tire Corp., one of the country's largest retailers, is selling one of its oldest industrial sites that it says no longer fits into its supply chain.

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