155 University Avenue Sells Downtown Toronto Office Building

155 University Avenue Limited completed the sale of 155 University Avenue, an office building in downtown Toronto, to an affiliate of Kolter Property Company. RT Realty Advisors Inc. acted as advisors to the vendor. The sale was completed on September 7, 2001, for a purchase price of $29 million.

Stephen Belgue and Jeffrey Shore of Goodmans LLP acted for the purchaser. The vendor was represented by Stan Wax of Goodman and Carr LLP. John Currie and Oliver Hobday (real estate) of McCarthy Tétrault LLP acted for The Toronto-Dominion Bank, which provided the purchaser with acquisition financing.
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