Panattoni, in partnership with a U.S. pension fund, acquired a strategically located property in Mississauga, Ontario. Situated on a land area of 58 acres is a building of 805,000 sq. ft. There is a long term lease on the property with Chrysler. This property is underdeveloped and offers exciting and significant development potential of the vacant land, together with the repositioning or redevelopment of the existing structure.