Retailer Germain Larivière will have a new $40 million distribution center in Longueuil in the spring of 2022.
Germain Larivière has partnered with real estate developer Groupe Montoni to build the 260,000-square-foot building, which the two partners will own equally.
Montoni will develop the building on Boulevard Marie-Victorin – behind the Lumenpulse facilities – and we are aiming for LEED v4 certification. We hope to save water by about 35% and energy by more than 30%, as well as reduce greenhouse gas emissions by 40%.
The retailer indicated that, with the new facilities, it will be able to roughly halve its inventory capacity in order to continue expansion. Office space will also be created on the site.
“This partnership model allows German LaRiver to become their own building owner. It is always our pleasure to support our clients in their growth and to participate in a new milestone in their history. Our land in Longueuil, next to the Lumenpulse head office, offers a showcase of choice for companies set up there,” said Dario. Montoni, president of the Montoni Group, said in a press release Thursday that “it was an ideal location for our partner.”
“We are pleased to partner with Montoni Group to build our new distribution center which aims to support our growth. With this investment and by continuing to focus on Quebec products, we continue to create jobs here,” said Germain Larivière President Jean Larivière.
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