Allanson International closes on sale leaseback agreement with Mondelēz Canada

January 24, 2017

On January 24, 2017, Allanson International reached a sale leaseback agreement with Mondelēz Canada that will keep the lighting and HVAC engineering firm in the 66,681-square-foot industrial facility at 33 Cranfield Rd. in Toronto on a new lease. Mondelēz Canada paid $5.2 million for the standalone facility located in the historic East York district close to the Don Valley Parkway.

Miller Thomson advised Allanson in this transaction with a team that included Steven Wesfield (corporate), and Barbara Zeller and Nelly Mosstaghimi-Tehrani (real estate).