Bayfield Closes Acquisition of Galeries Des Sources

Bayfield Holdings Inc. (“Bayfield”) completed the $53.5 million acquisition of Galeries Des Sources.

Galeries Des Sources is a 361,440 square foot enclosed shopping centre located in Dollard-des-Ormeaux, Quebec.

Bayfield was represented by McMillan LLP with a team consisting of Bruce McKenna, Stephanie Hamelin and Roberto Andreacchi (real estate) and David Thring, Patrice Beaudin, Clifton Jarin and Ken Bursey (banking and financial services).

The seller, El-Ad Group, was represented by Stikeman Elliott LLP with a team consisting of Eric Carmona and Nili Birshtein (real estate) and Lana Rabinovitch (banking and financial services).
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